Company News, Financial News

P&G Reports Q3 Results

Net sales are up five percent versus the prior year.

The Procter & Gamble Company reported third quarter fiscal year 2020 net sales of $17.2 billion, an increase of five percent versus the prior year.   Unfavorable foreign exchange negatively impacted sales by two percentage points for the quarter. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased six percent driven primarily by an increase in organic shipment volume. Organic shipment volume increased six percent as strong consumer demand in Nor...

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