The maker of Tide detergent and Crest toothpaste, P&G cited increased demand for home cleaning products during the Covid-19 pandemic, as well as higher sales for grooming appliances for shaving and styling.
"We delivered another quarter of solid top-line, bottom-line and cash results in what continues to be a challenging operating environment," said P&G Chief Executive David Taylor. Net income in P&G's fiscal third quarter was $3.3 billion, up 12 percent from the year-ago period, while revenues rose five percent to $18.1 billion.
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