Around the Net
P&G Q2 Profit Up 146%, Sales Down 0.3%
- Cincinnati Enquirer, Monday, January 23, 2017 8 AM
Procter & Gamble reported a $7.9 billion second-quarter profit Friday, a 146% increase from the same period a year ago. Two-thirds of P&G's profit total, about $5.3 billion worth, came from the divestiture of beauty brands. Total sales declined 0.3% to nearly $16.9 billion.
