P&G chief sees end to retailer inventory curbs

05/4/2006 | MarketWatch

Retailer inventory reductions hit Procter & Gamble Co.'s third-quarter sales, but profit at the CPG giant rose 37%, the company announced. P&G chairman and CEO A.G. Lafley said inventory curbs may be ending: "It would be difficult, if not impossible, to take inventories down any further and keep product on the shelf."

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