Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue November 2015
 •  The Laundress Opens Flagship Store  •  New Anti-Aging Active at Silab  •  Innospec Attains Cosmetic GMP Certification  •  Herbalife Clears Another Legal Hurdle  •  Mary Kay Picks Location for New R&D Center

Procter & Gamble Posts Double-Digit Growth

Published November 15, 2005
Related Searches: marketing executives share continue
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