July 30, 2020

Strong sales of cleaning products amid pandemic boost P&G results

New York (AFP) – Strong sales of cleaning products and soaps amid the ¬†coronavirus crisis more than compensated for lackluster demand for shaving products, lifting Procter & Gamble’s quarterly earnings, the company reported Thursday.The US consumer products giant, whose brands include Mr. Clean, Cascade and Gilette, scored an impressive 11 percent surge in second-quarter sales in fabric and home care, the standout division in the period.”We remain highly relevent across the board,” said Chief Financial Officer Jon Moeller, who said consumers were keeping larger inventories of products at home …

source https://this.kiji.is/en/661546260126090337?c=648607265489716321

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