Procter & Gamble Co.’s beauty employees have a chance to work for a global leader in perfume, hair care and cosmetics – but they might have to join a less satisfied work force in the process.
CINCINNATI - Procter & Gamble Co.'s fourth-quarter revenue and net income jumped by double digits on strong sales in emerging markets such as China and India. But the world's largest consumer products company sees things slowing down this quarter as the U.S. and other developed economies struggle.
The Cincinnati-based maker of Tide detergent, Pampers diapers and Gillette shavers on Friday reported earnings per share of 84 cents, as net income rose 15 percent to $2.51 billion. Revenue jumped 10 percent to $20.86 billion. Analysts expected 82 cents on $20.57 billion.
P&G expects earnings for the year ahead to be in a range of $4.17 to $4.33 per share. Analysts forecast $4.29 per share.
In the current quarter, P&G expects earnings in a $1-$1.04 range; analysts were looking for $1.14.
No major U.S. company has gone through more change more quickly than P&G. Here's a look at how it's working.
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Wall Street analysts greeted P&G's third quarter results with a healthy dose of criticism.
A.G. Lafley's second term as CEO could end by this summer.
CINCINNATI - Procter & Gamble Co. is facing three product-liability lawsuits claiming injuries from its Tide Pods laundry product.
It's been a busy week for P&G's beauty business, but analysts see more deals on the horizon.