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P&G Increases 1st-Quarter Sales 9%

October 21, 2020

Procter & Gamble (P&G), parent company of Procter & Gamble Professionalhas reported a fiscal-first-quarter revenue of US$19.3 billion, an increase of 9% from a year earlier.

The company reported an operating income of $5.28 billion, up 23% from $4.29 billion a year earlier. Net sales for P&G’s health care divisions increased 11%, while sales in its beauty segment rose 7%. The company’s fabric and home care division reported a14% jump in net sales and its baby, feminine, and family-care segment raised sales 3%.

About Procter & Gamble Professional
Procter & Gamble Professional is the away-from-home division of Procter & Gamble, serving the food service, building cleaning and maintenance, hospitality, and convenience store industries. For more information, visit www.pgpro.com.