Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue Wipes 2014
 •  Glade Teams with Cirque du Soleil  •  Jumei Picks Up Two Brands  •  Secret's Out To Battle Bullying  •  BabyGanics Makes Crain's NY Fast 50  •  L'OrĂ©al USA To Buy Carol's Daughter
Print

Procter & Gamble Posts Double-Digit Growth



Published November 15, 2005
Related Searches: marketing continue sales executives
Post a comment
The Procter & Gamble Company, Cincinnati, OH, announced sales and earnings growth were above long-term targets in the third quarter. Unit volume grew 20% and net sales increased 22%, including 5% from favorable foreign exchange. Net earnings increased 20% to $1.53 billion due to strong volume and continued gross margin improvement, which funded increased marketing investments, executives said. Diluted net earnings per share increased 20% to $1.09 and earnings per share increased 14%.
Net sales growth included a positive foreign exchange impact of 4% driven by continued strength of the euro, British pound and Canadian dollar.


blog comments powered by Disqus