Business

Procter & Gamble's Sales Rise on Higher Pricing, Strength in Beauty Products


By Updated April 23, 2019 8:43 a.m.


ET Procter & Gamble Co. reported its strongest quarterly sales growth in eight years as the consumer-products giant got a boost from developing markets and increased prices.


The maker of Tide detergent and Gillette razors said Tuesday that organic sales—a closely watched metric that strips out currency moves, acquisitions and divestitures—rose 5% in the fiscal third quarter.


It is the third quarter of solid sales gains for P&G, which for years had been struggling with tepid growth.


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