Procter & Gamble (PG.US) announced that net profit for the third fiscal quarter rose 4% YoY to USD3.93 billion. Adjusted EPS was USD1.59, slightly above market expectations of USD1.56. Revenue increased 7% to USD21.24 billion, also beating expectations. The stock rose 3% in pre-market trading.During the quarter, sales volume grew 2%, marking the companys first overall volume growth in a year. Among segments, the Beauty division recorded a 5% increase in volume, while Personal Care and Health Care both saw a 2% decline in volume.Related NewsRetail Sales MoM for Mar in the United States is 1.7%, higher than the previous value of 0.6%. The forecast was 1.4%.The company reiterated its full-year sales growth guidance, expecting an increase of between 1% and 5%, and projected EPS growth of between 1% and 6%. (sw/m)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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