More on Procter & Gamble's (PG) FQ2: Organic sales rose 3% Y/Y on broad gains across...


More on Procter & Gamble's (PG) FQ2: Organic sales rose 3% Y/Y on broad gains across categories and geographic regions. Core gross margin jumped 110 bps as higher pricing and manufacturing cost savings contributed. On execution: "Global market share trends improved." Guidance for FY13 lifted to $3.97-$4.06 behind its strong gains in productivity. The company sees FQ3 EPS of $0.91-$0.97 vs. $0.95 consensus. PG +2.5% premarket. (PR)

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  • recession12
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    Take out the weak dollar and you have a severe miss. What a joke
    25 Jan 2013, 09:15 AM Reply Like
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