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Posts 2% sales growth for Q1.
April 27, 2012
By: TOM BRANNA
Editor
P&G posted 2% sales growth to $20.2 billion for the January–March quarter. Most categories showed an average increase of 1-2%. However, not all news was bleak for the global personal care powerhouse. The company announced the addition of two brands, SK-II and Vicks, to the elite group of billion-dollar brands, which represents brands with annual net sales of at least one billion dollars. For the quarter, beauty net sales increased 1% to $4.8 billion. Volume in hair care increased low ...
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