Financial, Nonwovens News

P&G Sales Down 1%

Baby, Feminine and Family Care segment organic sales up slightly

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By: Tara Olivo

Associate Editor at Nonwovens Industry

Procter & Gamble’s net sales in the third quarter of fiscal year 2017 were $15.6 billion, a decrease of 1% versus prior year, including a negative 2% impact from foreign exchange. Organic sales increased 1% driven by a 1% increase in organic shipment volume. Pricing and mix had no net impact on sales for the quarter. All-in volume was unchanged including the impacts of minor brand divestitures.

Baby, Feminine and Family Care segment organic sales increased 1% driven by volume growth in Family Care and favorable mix in Feminine Care. Baby Care organic sales decreased low single digits due mainly to competitive activity. Feminine Care organic sales increased mid-single digits from favorable product mix due to Always Discreet premium innovation. Family Care organic sales grew low single digits driven primarily by product innovation and increased marketing support. 

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