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P&G Posts Positive Sales Growth for 2Q, Fiscal 2008

Ten percent net sales boost for quarter, 9% for year

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By: TOM BRANNA

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The Procter & Gamble Company (P&G) announced a net sales growth of 10% for the April-June quarter to $21.3 billion, and 9% net sales growth for the fiscal year to $83.5 billion. Growth from new innovations on key brands was driven by the Head & Shoulders brand restage, Gucci by Gucci, Cover Girl Lash Blast, Nice ‘N Easy Perfect 10 and Febreze Candles, according to the company. The fiscal year also represents the successful integration of Gillette, says P&G. Seve...

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