Tuesday, October 20, 2020

Procter & Gamble Boosts FY21 Outlook As Q1 Results Top View

Consumer goods giant Procter & Gamble Co. on Tuesday reported a 19 percent increase in profit for the first quarter of fiscal 2021 from last year, driven by net sales growth across its operating segments and improved operating margin. Both revenue and core earnings per share for the quarter beat analysts' estimates. Looking ahead, the company raised its earnings and revenue growth guidance.

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