Company News, Financial News

P&G Beats The Street

Q1 earnings up, sales mostly flat.

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By: TOM BRANNA

Editor

Procter & Gamble Co.'s fiscal first-quarter results beat Wall Street's view as it controlled expenses and saw solid sales growth in its health care segment. In pre-opening trading, P&G's shares gained more than 2%.   Results are the first since P&G closed its $11 billion deal with Coty last week. P&G has been working on transforming its business to better focus on bigger brands with growth potential. The sale of many of its beauty brands to Coty was the b...

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