By Paulo TrevisaniColgate-Palmolive Co. said Friday that currency exchange-rate moves boosted sales in the third quarter and is likely to be a positive factor for the full year. The New York consumer-product company said it expects net sales to be up 4% to 7% this year, "including a low-single-digit benefit from foreign exchange." The company reported a 6.5% increase in third-quarter net sales from a year earlier, with foreign exchange contributing two percentage points. Colgate said that "there is still much uncertainty stemming from the Covid-19 pandemic, supply chain disruptions and volatility in consumer demand and currencies." Write to Paulo Trevisani at paulo.trevisani@wsj.com(END) Dow Jones NewswiresOctober 29, 2021 09:35 ET (13:35 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.

Source: Wall Street Journal October 29, 2021 14:28 UTC