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P&G Reports Stronger-Than-Expected Sales

Procter & Gamble’s encouraging quarter of growth at the end of 2018 prompted it to boost its annual sales forecast for the year.  Organic sales rose 4% for the second straight quarter. This closely watched metric measures revenues excluding the impact of foreign exchange, mergers and acquisitions. If the company delivered 4% growth for the year, it would be the strongest sales performance in seven years, Stifel analyst Mark Astrachan tells Cincinnati.com.

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