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DewDiligence

11/02/15 1:18 PM

#11195 RE: DewDiligence #11107

CL’s 3Q15 sales hit from currency was a whopping 13%:

http://www.wsj.com/articles/strong-dollar-hurts-colgate-palmolive-sales-1446436010
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DewDiligence

02/18/16 8:59 PM

#12131 RE: DewDiligence #11107

“We know we haven’t been delivering lately and we need to bring our standards up.”
—David Taylor, CEO of Proctor & Gamble

http://www.wsj.com/articles/p-g-ceo-says-performance-in-china-unacceptable-1455809323

PG may simply be too bloated to produce the kinds of consistent results investors used to expect from them.