2/1/2008

Procter & Gamble Co. CFO Clayt Daley said the company's U.S. market share continues to increase by 2% to 3% despite the downturn of the country's economy. The company also revealed that there were no signs that budget-conscious consumers are choosing cheaper private labels over its core brands. Daley said that P&G plans to compensate for higher commodity costs by raising prices on products ranging from dog food to liquid detergent.

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