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Friday, Oct 25
Procter & Gamble on track says CFO
- Procter & Gamble (PG -0.6%) CFO Jon Mueller struck a confident tone on the company's short-term prospects during an interview on CNBC.
- The exec said earnings are on track and the company could even hit the "top end" of FY14 forecasts if it maintains profit growth. (video)
- On the earnings call, Mueller said P&G made volume gains in North America even with its level of promotions lower than a year ago. (webcast)
- Side note: Does the decent reading from P&G in N.A. bode well for Wal-Mart (WMT -0.1%) which sells a fair share of the company's products?