IKEA Expands Delhi Presence with Second City Store at DLF Avenue Saket

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  "detected_at": "2026-07-22T13:23:19+00:00",
  "company": {
    "name": "Colgate-Palmolive",
    "domain": "colgatepalmolive.com"
  },
  "data": {
    "url": "https://www.indianretailer.com/news/ikea-expands-delhi-presence-second-city-store-dlf-avenue-saket",
    "title": "IKEA Expands Delhi Presence with Second City Store at DLF Avenue Saket - Indian Retailer",
    "excerpt": "Colgate-Palmolive Company has reported an 8.4 percent increase in net sales for the first quarter of 2026, reaching Rs 5.324 billion compared to Rs 4.911 billion in the same period last year. Organic sales grew 2.9 percent, despite a 0.6 percent negative impact from lower private-label pet food sales. The company also retained its leadership in the global oral care market, with a 41.1 percent share in toothpaste and a 32.6 percent share in manual toothbrushes year to date. On a GAAP basis, diluted earnings per share (EPS) declined 6 percent to Rs 0.80 from Rs 0.85 a year ago. However, Base Business EPS increased 7 percent to Rs 0.97, while gross profit margin stood at 60.6 percent, down 20 basis points year on year. Net cash generated from operating activities during the first three months of 2026 was Rs 747 million. Noel Wallace, Chairman, President and Chief Executive Officer said, “ We delivered a strong start to 2026, with broad-based top and bottom-line growth. Net sales and organic sales grew in every category and in four of five divisions with a nice balance of volume and pricing growth. Gross profit margin increased sequentially versus fourth quarter 2025 and operating profit, net income, earnings per share, and free cash flow all increased year over year, along with an increase in advertising spending. These results underscore the resilience of our business model as...",
    "summary": "Colgate-Palmolive reported a diluted earnings per share (EPS) of Rs 0.80 for Q1 2026, a 6% decline from the previous year.",
    "planning": false,
    "image_url": "https://indian-retailer.s3.ap-south-1.amazonaws.com/s3fs-public/2026-07/Untitled%20design%20-%202026-07-22T182113.593.jpg",
    "confidence": 0.95,
    "published_at": "2026-07-22T13:23:19Z",
    "article_sentence": "On a GAAP basis, diluted earnings per share (EPS) declined 6 percent to Rs 0.80 from Rs 0.85 a year ago."
  }
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