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PG Reports 9 Sales Gain In Fiscal First Quarter 2011

P&G Reports 9% Sales Gain In Fiscal First Quarter 2011

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By: TOM BRANNA

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P&G Reports 9% Sales Gain In Fiscal First Quarter 2011 The Procter & Gamble Company announced that it has delivered strong fiscal first quarter net sales growth of 9% to $21.9 billion. According to the company, organic sales grew 4% behind higher volume and pricing. “The first quarter was a good start to the fiscal year,” said chairman, president and CEO Bob McDonald. “We maintained strong top-line growth momentum in a difficult operating environment. We are well positioned—due t...

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