Procter & Gamble, seller of Tide laundry detergent, Gillette shaving products and Pringles chips, reported earnings declined 7% to $3.08 billion in the fiscal first quarter. Earnings from continuing operations, however, rose 2%, with higher volume offsetting lower margins due to pricing and product mix.
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Procter & Gamble Earnings Beat Estimates originally appeared on DailyFinance on Wed, 27 Oct 2010 08:10:00.
Filed Under: Company News, Earnings, Procter & Gamble, Stocks in the News