Procter & Gamble

P&G Sales decline 12% to $16.5 Billion

On Friday, Procter & Gamble Co. reported that their sales fell 12% to $16.5 billion in the first quarter. The Cincinnati-based company said that they missed the $17 billion average projection which was being made by eight analysts from Bloomberg. The Company reported that their earnings... read more

Procter & Gamble sales drop due to stronger dollar

Consumer goods major Procter & Gamble has reported slight decline in its third-quarter revenue. The company’s revenue did not meet expectations of analysts after the dollar affected its overseas sales adversely. The company said in a statement on Thursday that its revenue dropped 7.6% to $18... read more

Procter & Gamble announces deeper cuts in brands portfolio

Cincinnati-based Procter & Gamble has announced deeper cuts in the brands it has its portfolio. During an event in Boca Raton, P&G executives announced that the company plans to reduce its brand portfolio from 160 plus to only 65 by summer. The consumer goods major will cut nearly 100... read more

Laundry Detergent Products Hazardous for Small Children

A new study has found that laundry detergent products designed for convenience are becoming dangerous for children. According to the study, in 2012 and 2013, the single-use packets have sent many kids to hospital.

Researchers of the study stated that during these two years, the... read more

Procter & Gamble

Procter & Gamble, American multinational consumer goods company, on Friday has announced a 38% increase in its profits thanks to the cost cutting measures taken by the company.

The net income of the company has increased to $2.58 billion (89 cents per share) for the three months that... read more

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