(CNBC) Procter & Gamble on Friday reported quarterly earnings and revenue that topped analysts’ expectations as higher prices helped offset lower demand for its products, particularly in Europe. The company, which owns household brands like Febreze, Charmin and Tide, also raised its forecast for organic sales growth for fiscal 2023 to 6%, up from its prior range of 4% to 5%.
Procter & Gamble beats earnings estimates, raises revenue forecast as prices rise
This entry was posted in Syndicated. Bookmark the permalink.
