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P&G Expects Tough Times

But despite recession, the company plans expansion.

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By: TOM BRANNA

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Procter & Gamble Co. leaders expect another tough year for sales of consumer products, while saying Thursday they have aggressive plans to build up their market share against competitors during the recession. The maker of Tide detergent, Gillette shavers and other familiar household brands offered a cautious outlook to analysts in New York on Thursday, projecting earnings per share in a range of $3.65 to $3.80 for the fiscal year that begins July 1. The company says that would represent ...

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