Procter & Gamble boosts sales view as price hikes see little pushback
By Jessica DiNapoli and Ananya Mariam Rajesh (Reuters) -Procter & Gamble Co’s customers continued to show little resistance to repeated price hikes, helping the Tide detergent maker boost its sales forecast and third-quarter margins. The maker of Pampers diapers, Pantene shampoo and Oral-B toothpaste raised average prices across its categories by 10% during the quarter, …
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