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August 3, 2000
By: TOM BRANNA
Editor
Procter & Gamble reported its sales increased 2% to $9.66 billion for the fourth quarter ended June 30. Earnings were $516 million.For the full year, sales grew to $39.95 billion and earnings increased to $4.2 billion. Fiscal year earnings grew due to volume and sales progress partially offset by higher spending behind new initiatives, according to company executives.The company’s fabric and home care division delivered strong sales growth for the fiscal year, spurred by the introduct...
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