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Procter & Gamble Gets Shoppers to Pay Up

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…

Click the link below to read the rest of this story.

https://www.wsj.com/articles/procter-gamble-gets-shoppers-to-pay-up-11611144090

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