Why Procter & Gamble’s Organic Sales Could Remain Low
Procter & Gamble’s (PG) net sales have shown sequential improvement so far in fiscal 2018, which ends in June. The company’s net sales grew 0.8% in the fiscal first quarter, 3.2% in the fiscal second quarter, and 4.3% in the fiscal third quarter. Favorable currency rates, an improved mix due to increased sales of premium-priced products, and higher volumes supported its net sales growth rate.