USA: P&G beats Wall Street expectations

By Sarah Diston | 2 May 2001

Proctor & Gamble Co., has beaten Wall Street expectations with its third-quarter earnings increasing 19%, with shares rising more than 6% on the news. Net sales were $9.51 billion down from $9.78 billion a year ago but these latest results included a $113m charge for the company's corporate restructuring program, which P&G is accelerating to meet competition in supermarkets and other retail fronts.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Proctor & Gamble Co., has beaten Wall Street expectations with its third-quarter earnings increasing 19%, with shares rising more than 6% on the news. Net sales were $9.51 billion down from $9.78 billion a year ago but these latest results included a $113m charge for the company's corporate restructuring program, which P&G is accelerating to meet competition in supermarkets and other retail fronts.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page