USA: P&G beats Wall Street expectations
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.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- CCA - Coca-Cola's Canary in the Mine
- Comment - Hybrid Spirits: Innovation or Laziness?
- just The Preview - Pernod Ricard's Q4 & FY
- just The Preview - Brown-Forman Q1
- Comment - The Race Downhill for Treasury
- Mast-Jägermeister targets UK off-trade boost
- Cognac FY sales slide as China troubles bite
- Brown-Forman unveils Jack Daniel's UK push
- Champagne will not regain lost ground until 2018
- Indian state moves towards alcohol ban