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P&G Tops Estimates for 1Q

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By: TOM BRANNA

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The Procter & Gamble Company announced net sales growth of 27 percent to $18.79 billion behind strong results on the base business and on Gillette. Organic sales increased six percent, at the top end of the company’s long-term target range. Blades and Razors sales increased 12 percent versus the pre-acquisition base period behind strong global consumption and pipeline shipments of Fusion in Western Europe and Japan. Earnings per share increased three percent, including the impact o...

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