P&G Q1 Beauty Sales Advance On Performance Of Olay, Pantene
This article was originally published in The Rose Sheet
Executive Summary
Procter & Gamble beauty division revenues increased 11% to $5.6 bil. for the first quarter of fiscal year 2007 (ended Sept. 30), fueled by growth across all categories and the addition of Gillette products, the company reported in an Oct. 31 earnings release
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P&G Looks To Developing Markets, Beauty Division For Continued Growth
Procter & Gamble will devote greater attention to its beauty business, as well as low-income and developing markets, as part of its strategic growth plan, company executives indicated at a Dec. 14 analyst meeting
Procter & Gamble
Company confirms its sales and earnings guidance for the second quarter of fiscal year 2007, projecting sales growth of 5%-8% and organic sales growth of 4%-7%. The company will announce final results for the quarter Jan. 30, 2007. Q1 revenue increased 11% to $5.6 bil. due to growth across all categories, P&G said during Dec. 14 analyst call. Organic sales volume in the skin care division was up double digits, driven by the launch of Olay Definity and the performance of OlayRegenerist (1"The Rose Sheet" Nov. 6, 2006, p. 8)...