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P&G Broad-Based Beauty Business Bounce Behind 4% Overall Sales Growth

This article was originally published in The Rose Sheet

Executive Summary

P&G reported total beauty division sales grew 5% to $3.29bn, with a 20% jump in SK-II offset somewhat by low single-digit growth in hair care. Investors rewarded the firm’s better-than-expected net sales results with same-day 9% bump in its share price.

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