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Persons: Will Cotter, it’s, Cotter, Kadi, Bissell, “ It’s, , , Kadi Dulude, grout, TikTok Organizations: NBC, Fabuloso, Facebook, Twitter Locations: Weiman, Sol
April 28 (Reuters) - Colgate-Palmolive Co (CL.N) raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. The company now expects full-year organic sales growth of 4% to 6%, compared with its prior expectations of 3% to 5% range. Peer Kimberly-Clark Corp (KMB.N) also raised its full-year profit forecast on Tuesday, helped by consistent price hikes. While that pulled down its total organic volumes by 2%, this was more than offset by a 12% increase in prices. Colgate-Palmolive's revenue rose over 8% to $4.77 billion in the quarter ended March 31, beating analysts' average estimate of $4.58 billion, according to Refinitiv data.
New York CNN —Nearly 5 million bottles of Fabuloso multi-purpose cleaner have been voluntary recalled because there’s a “risk of bacterial growth,” the company said. Around 3.9 million bottles were never released for sale, the company said. The first eight digits of the lot code of the recalled products are 2348US78 through 2365US78 and 3001US78 through 3023US78, the CPSC said. If a customer has one of the products listed below, the company can get a refund through a special website or by calling the company at 1-855-703-0166. Fabuloso is telling affected customers to “immediately stop using the recalled product” and to dispose of it in its container.
Colgate-Palmolive Co. is recalling nearly 5 million bottles of Fabuloso multipurpose cleaning products due to the risk of exposure to bacteria, the U.S. Consumer Product Safety Commission and the company said Wednesday. The agency said the recalled products may contain Pseudomonas species bacteria, which pose a risk of serious infection for people with weakened immune systems, external medical devices or underlying lung conditions. The same bacteria was linked to another recent recall of 8 million laundry and cleaning products from The Laundress.
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