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Net sales fall 5% to $76.3 billion.
July 30, 2015
By: Melissa Meisel
For the fiscal year 2015, Procter & Gamble saw a 5% decrease in net sales to $76.3 billion. The Beauty, Hair and Personal Care segment organic sales declined 1% as pricing benefits only partially offset lower volume. Innovation-driven sales growth in Cosmetics and Salon Professional was offset by a sales decline in Skin and Personal Care due to competition and decreased sales in Prestige due to lower levels of innovation. Hair Care organic sales were unchanged as modest growth from pricing ...
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