Procter & Gamble (PG) Announces Strong First Quarter Sales Growth; EPS in Line with Expectations
10/27/2011 10:12:45 AM
CINCINNATI--(BUSINESS WIRE)--The Procter & Gamble Company (NYSE:PG) delivered strong first quarter net sales growth of nine percent to $21.9 billion. Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, grew four percent behind higher volume and pricing. The Company continued to deliver broad-based organic sales growth, with all six business segments up versus the prior year. First quarter diluted net earnings per share increased one percent to $1.03 per share.
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