The Procter & Gamble Co. today reported profit increased by 33 percent in its fiscal fourth quarter on revenue that was up 10 percent compared to the same period a year ago.Net income for the quarter was $3 billion, or 92 cents per share, up from $2 billion, or 67 cents per share a year ago. That was on net sales of $21.3 billion, compared with $19.3 billion a year prior. The company's quarter ended June 30,
The company met both its earnings and sales growth targets for the quarter, overcoming a turbulent U.S. economy and skyrocketing commodities costs.
Funny. How is it that Procter's earnings represent 14.1% of sales but ExxonMobil the democratic anti Christ only has a net profit percentage of 8.5%.
Don't tell Lollapelosi & Co., After they kill ExxonMobil they'll be out for "Big Coffee".
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