P&G
This article was originally published in The Rose Sheet
Executive Summary
Second-quarter sales for Procter & Gamble's Beauty unitwith "Smart Guy" brush initiative while Crest enjoyed "mid-single-digit" growth on strength of Pro-Health Night and Crest Plus Scope launches; overall Health Care sales advanced 11% to $3.8 bil. Firm's total net sales for Q2 were $21.6 bil., up 9%, with double-digit growth in developing regions, P&G says. Effective this month, P&G is increasing its price for Safeguard and Zest bar soaps by 8% due to an increase in commodity and energy costs...