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P&G Isn’t Worried About Rising Costs

MarketFoolery

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Introduction

First quarter profits in revenue came in higher than expected for proctor and gamble. Organic sales were up a nice four %. Net sales of 20 point three billion, just marking how huge this company is. But transportation issues, supply chain issues, very similar to other companies as we've gone about these last few months,. So they took a hit on their gross margin. The bottom line didn't flourish as much as it did in the priorer period.

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