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In Brief: P&G

This article was originally published in The Rose Sheet

Executive Summary

P&G: North American unit volume up 2% in the third quarter of FY 1997 (ended March 31), while sales "remained stable" due to lower pricing in the laundry category, Procter & Gamble said April 24. Net earnings for the three months advanced 6% "as the region continued to benefit from cost savings generated from simplification and standardization efforts," the company noted. Consolidated P&G sales climbed 2.1% to $8.8 bil., while net earnings jumped 15.9% to $881 mil...
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