Financial News

Household and Personal Care Holding Their Own at P&G

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By: TOM BRANNA

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The Procter & Gamble Company reported second quarter net sales of $22.3 billion for the three months ended Dec. 31, 2013 were unchanged versus the prior year period, according to the company. “P&G’s second quarter results came in as we expected,” said chairman, president CEO A.G. Lafley. “We’re on-track to deliver our objectives of 3-4% organic sales growth and 5-7% core EPS growth for the fiscal year. We expect strong earnings growth in the second half of the fiscal year driven by so...

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