P&G earnings: Product performance driving demand, CEO says

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Procter & Gamble (PG) reported first quarter results that were better than Wall Street analysts had been expecting. In an interview with Yahoo Finance, P&G...

) reported first quarter results that were better than Wall Street analysts had been expecting. In an interview with Yahoo Finance, P&G CEO Jon Moeller says the company has built a portfolio in which"performance drives brand choice" which means"you need to perform. And we're continuing to invest to deliver value to consumers through better performance and increase that margin of performance advantage.

Moeller went on to comment on the status of the Chinese market calling it"choppy," but maintains a positive outlook citing aggregate global results, calling them"absolutely fantastic. thats true by the way not just on the top line but the bottom line. 17% earnings per share, core earnings per share growth plus 21%, excluding currency, and thats all while significantly increasing the investments in our brands.

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Procter & Gamble Q1 earnings beat expectationsProcter & Gamble's (PG) first quarter earnings results beat analyst estimates on both the top and bottom lines. The company also widened its fiscal revenue...
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