Company News, Financial News

Revamped P&G Shows Improvement

Higher pricing and lower costs offset a decline in sales.

Author Image

By: TOM BRANNA

Editor

It's working, sort of. Procter & Gamble reported a boost in second-quarter profit that topped expectations as higher pricing and lower costs offset a decline in sales. The world's largest consumer products maker has been trying to refocus its efforts on core brands by slimming down its offerings and cutting costs. The measures, meant to help the company regain its standing as a top competitor, helped push closely watched organic sales higher by 2%. The world's large...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters