P&G Increases 1st-Quarter Earnings 5%October 20, 2017
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Procter & Gamble (P&G), parent company of Procter & Gamble Professional, has reported a fiscal-first-quarter profit of US$2.85 billion, or $1.06 per share, up 5 percent from $2.71 billion, or $0.96 per share, a year earlier.
The company’s first-quarter sales rose to $16.65 billion, up from $16.52 billion last year. The company credited the gains to increased sales in its beauty, fabric and home care, and health care divisions, Marketwatch reports.
About Procter & Gamble Professional
Procter & Gamble Professional is the away-from-home division of Procter & Gamble, serving the food service, building cleaning and maintenance, hospitality, and convenience store industries. For more information, visit www.pgpro.com.