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Procter & Gamble’s Q3 Sales Increase 4%

Organic sales gains reported for fabric & home care, +9%; health care, +9%; beauty, +7% and grooming, +7%.

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By: TOM BRANNA

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The Procter & Gamble Company (P&G) said Q3 net sales increased 4% to $20.1 billion. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased 7%. “We delivered strong results in the third quarter of fiscal year 2023 in what continues to be a very difficult cost and operating environment,” said Jon Moeller, chairman, president and chief executive officer. Business Segments Beauty segment organic sales increased seven percent v...

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