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Procter & Gamble’s 3Q Sales Improved, but Challenges Persist

Adrian Stevens
Procter & Gamble’s 3Q Sales Improved, but Challenges Persist

Procter & Gamble (PG) reported net sales of $16.3 billion, a rise of 4.3% YoY (year-over-year), which exceeded analysts’ expectations. As expected, Procter & Gamble’s top line benefitted from improved volumes and favorable currency rates. Also, the improved mix contributed 1% to the net sales growth rate.