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P&G Boosts Guidance Again Despite Dipping 'Consumption Levels' Expected Through June

 
• By Eileen Francis

On a “strong first half of the base,” P&G increased FY2021 guidance for organic sales growth and core earnings per share despite a “sequential deceleration” in US consumption in its categories in December and so far in January.

Procter & Gamble reports 8% net sales growth in its latest quarter after it “created strong momentum well before the COVID crisis,” says chief operating officer Jon Moeller.

During the firm’s fiscal 2021 second-quarter earnings briefing on 20 January, Moeller also said he will continue to have some investor relations responsibility as he leaves the chief financial officer...

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• By Eileen Francis

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Shiseido’s Key Priorities: Recover Drunk Elephant, Accelerate NARS Amid US Prestige Slowdown

 
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