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

|About: The Procter & Gamble Company (PG)|By:, SA News Editor

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)