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Net sales rise 2% to $20.6 billion.
April 24, 2013
By: TOM BRANNA
Editor
For the January – March quarter, net sales at the Procter & Gamble Company (P&G) rose 2% to $20.6 billion. In the US market, P&G held or grew value share in businesses representing two-thirds of sales. “We delivered another quarter of steady progress,” said Bob McDonald, chairman, president and chief executive officer. “Top-line growth was in line with our expectations. Market shares improved broadly. Strong cost savings enabled us to exceed our outlook on the bottom line. We in...
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