Procter & Gamble
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
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
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
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, 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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