Robust beauty sales boost P&G earnings in Q1; stock gains 5%

Consumer goods giant Procter & Gamble (PG) reported higher organic sales and earnings for the first quarter when strong demand for beauty products drove up shipments. The above-consensus results triggered a rally and the stock gained about 5% in premarket trading Thursday. The company also reaffirmed its full-year guidance. Net income attributable to Procter & … Continue reading Robust beauty sales boost P&G earnings in Q1; stock gains 5%