Procter & Gamble reported quarterly earnings and revenue exceeding analysts’ expectations due to increased demand for household staples. Procter & Gamble's earnings per share and revenue exceeded analyst expectations for the quarter. The baby, feminine, and family care division saw the largest volume increase at 4%, driven by strong performance in family and feminine care products. Baby care organic sales declined slightly due to reduced diaper purchases. Grooming and fabric care divisions experienced volume growth, driven by innovation and steady demand. P&G's beauty division was the only segment to experience a decline in volume, with decreases in hair care and skin care products globally.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Procter & Gamble reported quarterly earnings and revenue exceeding
00:06analysts' expectations due to the increased demand for household staples.
00:11Procter & Gamble's earnings per share and revenue exceeded analysts' expectations for the quarter.
00:17The baby, feminine, and family care divisions saw the largest volume increase
00:21at 4 percent, driven by strong performance in family and feminine care products.
00:26Baby care organic sales declined slightly due to reduced diaper purchases.
00:30Grooming and fabric care divisions experienced volume growth,
00:34driven by innovation and steady demand.
00:37P&G's beauty division was the only sentiment to experience a decline in volume,
00:43with decreases in hair care and skin care products globally.