Higher prices and greater demand for its premium fabric care and beauty products...
- Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co’s exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar.
The higher prices have also helped P&G ease the impact of a stronger U.S. dollar, with the world’s no.1 personal care goods company getting more than half its sales from outside North America. Higher prices are often met with resistance from retailers, but Moeller said the rises had stuck so far.
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