Procter & Gamble (PG) Bullish View Reiterated at Jefferies Posts Q4
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P&G Announces Fourth Quarter and Fiscal Year 2016 Results
August 2, 2016 7:00 AM EDTQ416: Net Sales -3%; Organic Sales +2%; Diluted Net EPS $0.69, +283%; Core EPS $0.79, -15%
FY16: Net Sales -8%; Organic Sales +1%; Diluted Net EPS $3.69, +51%; Core EPS $3.67, -2%
CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported April - June 2016 quarter net sales of $16.1 billion, a decrease of three percent versus the prior year period driven by a negative three percentage point impact from foreign exchange and a negative two percent combined impact from Venezuela deconsolidation and minor brand divestitures. Organic sales increased two percent for the... More
