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P&G boosts its Q3 ad spend as net sales spike | Strategy Online

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in April
By Christopher Lombardo

The Procter & Gamble Company is hiking its ad spend 3.1% as it reports solid net sales growth for Q3. The manufacturer of Tide, Pampers, Olay and Crest is reporting fiscal third-quarter net income of $3.4 billion, up from $3.36 billion a year earlier, driven by strength in health and homecare products. Net sales are up 4% to $20.1 billion as prices spiked 10% across its portfolio.

http://strategyonline.ca/2023/04/21/pg-boosts-its-q3-ad-spend-as-net-sales-spike/
 

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