P&G generated net income of $3.9 billion, or $1.47 a share. Sales jumped 8% in latest quarter, fueled by demand for high-end household products
By Sharon Terlep
The Wall Street Journal
Procter & Gamble Co. sales surged in the most recent quarter, fueled in part by demand for high-end household products from pricey dish soap to a $300 electric toothbrush.
Despite a tough economic picture and high unemployment, the maker of Gillette razors and Pampers diapers said consumers are increasingly willing to pay more for products…
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