From Deseret News archives:

Procter & Gamble posts 9% increase in earnings

Published: Thursday, Oct. 30, 2008 12:58 a.m. MDT
E-MAIL | PRINT | FONT + - 
CINCINNATI — Strong growth in emerging markets, raising prices and offering consumers more options of popular items helped Procter & Gamble Co. post a nearly 9 percent increase in its fiscal first quarter, the consumer products maker said Wednesday.

But P&G dropped the low end of its earnings guidance for the full fiscal year, facing slower sales amid volatility in commodity and energy markets and in foreign exchange. The company is building a plant in Box Elder County that will manufacture Procter & Gamble paper products and initially employ 300 people.

The maker of household products such as Tide detergent, Pampers diapers and Olay skin care said net income rose to more than $3.3 billion, or $1.03 per share, from $3.1 billion, or 92 cents a share, a year earlier.

Comments

You can be the first to comment on this story.

Advertisement
previousnext

Latest comments

It really would be nice if you would give some specifics about what is...

ESPN sings BYU's praises

RE: Utefan This is Thursday, I believe there is a game scheduled for the...

The new babies of immigrants whether they are legal or illegal are not the...

Hey mouths, AKA jimmy thing & utefan; So how is your projected BYU schedule...

Wow what a great story! Its good to know that there are people out there...

I really agree with Utah Valley Guy. Let's see what happens with Independence...

aggieFan it was Fresno St and Nevada that broke their dean that helped ruin...

Utes are playing with the big boys

As a life-long BYU fan, I must say 'congratulations' to Coach Whit and the...

'lost in DC | 4:17 a.m. Sept. 2, 2010 DanO, So a man convicted of...

"Officers with their laptops looked up his criminal history, immigration...

Advertisements