Financial News

P&G Posts Slight Gains in Q1 As Sales Rise 1% to $16.7 Billion

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By: TOM BRANNA

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The Procter & Gamble Company reported first quarter fiscal year 2018 net sales increased 1% to $16.7 billion. “First quarter sales and earnings results were in line with our going-in expectations and keep us on track to deliver our targets for the fiscal year,” said David Taylor, chairman, president and chief executive officer. “We delivered organic sales growth in a decelerating global market and against a relatively strong base period. Market share trends continue to improve, with more...

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