The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/OCVXTIFZX5ED7BG3P2ZFE3CGO4.jpg)
OHIO, United States — Procter & Gamble Co beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand for its premium beauty brands such as SK-II and Olay, as well as healthcare products.
Net income attributable to the company rose to $3.59 billion, or $1.36 per share, in the first quarter ended 30 September, from $3.20 billion, or $1.22 per share, a year earlier.
Net sales climbed 6.6 percent to $17.80 billion, beating analysts' average estimates of $17.42 billion, according to IBES data from Refinitiv.
By Soundarya J; editor: Bernard Orr
:quality(70):focal(713x470:723x480)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/LRDPGKKPBNCDFHSU3IJGQUTV4U.jpg)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/H7AVTDUNAFEVDONNKUZJX7Q4IQ.jpg)
:quality(70):focal(1160x493:1170x503)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/VZBG5I7OJNFJ5MHMXZH7TFXC64.jpg)
:quality(70):focal(3870x2457:3880x2467)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/KJTI4TIBPZEMVHDWJW5JSAB7QU.png)
