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P&G Posts Sales Growth

Overall sales up 3%; Baby Feminine and Family Care segment down 1%

The Procter & Gamble Company reported second quarter fiscal year 2018 net sales of $17.4 billion, an increase of 3% versus the prior year. Organic sales increased 2%. 

Baby, Feminine and Family Care segment organic sales decreased 1%. Baby Care organic sales declined mid-single digits due to competitive activity and trade inventory reductions. Feminine Care organic sales grew mid-single digits driven by innovation on the Always brand and positive mix from premium tier growth. Family Care organic sales grew low single digits driven by recent Charmin innovation and strong consumption of Puffs.

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