Packing containers of Tide detergent on grocery retailer cabinets.
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Procter & Gamble on Wednesday reported quarterly profits and income that crowned analysts’ estimates as upper pricing offset decrease call for for its merchandise.
Here is what the corporate reported in comparison with what Wall Boulevard was once anticipating, in line with a survey of analysts through Refinitiv:
Income according to proportion: $1.57 vs. $1.54 expectedRevenue: $20.61 billion vs. $20.28 billion anticipated
P&G reported fiscal first-quarter web source of revenue of $3.94 billion, or $1.57 according to proportion, down from $4.11 billion, or $1.61 according to proportion, a yr previous.
Internet gross sales rose 1% to $20.61 billion, topping expectancies of $20.28 billion.
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