Industry News
10/19/2021

Procter & Gamble's fiscal first-quarter net sales surpassed analyst expectations by growing 5%, but continued inflationary pressures are requiring price increases on select grooming, beauty and oral care products, said Andre Schulten, chief financial officer. P&G's plans for bypassing port backlogs and ingredient shortages include using new suppliers, shipping routes and product formulations, said Schulten.

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