Demand for cleaning products boosts P&G earnings

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

US consumer products giant P&G posts a 30% jump in sales of disinfectants and detergents in the 1st quarter of its fiscal year.

The consumer products giant said sales of disinfectants and detergents jumped 30% in the 1st quarter of its fiscal year, with the division that includes toilet paper and paper towels seeing double-digit growth in every region.

The only soft spot linked to the pandemic was men's razors, and the company boosted expected earnings for the year. "Our near-term priorities continue to be employee health and safety, maximizing availability of P&G products for consumers around the world and helping society meet the challenges of the COVID crisis," P&G chief David Taylor said in the statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks tumble; Paris hit by glitchInvestors remain focused on the chances for more US fiscal stimulus ahead of the November 3 presidential election, but time is dwindling.
Source: rapplerdotcom - 🏆 4. / 86 Read more »