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Procter & Gamble earnings boosted by higher pricing

Por: MarketWatch Business January 23, 2024

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Adjusted per-share earnings came to $1.84, well ahead of the $1.70 FactSet consensus. Sales rose 3% to $21.441 billion from $20.733 billion year ago, just below the FactSet consensus of $21.476 billion. By segment, sales rose 6% at the company’s grooming business as prices rose by an average of 7% and volume rose 1%. The company raised prices in previous quarters. Sales at the beauty business rose 1% after prices rose by an average of 4%,... + full article



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