×
104 313
Fashion Jobs
MACY'S
Asset Protection Detective, University Town Center - Part Time
Permanent · San Diego
MACY'S
Asset Protection Detective, Newport Centre - Full Time
Permanent · Jersey City
MACY'S
Asset Protection Security Guard, University Town Center - Flex
Permanent · Sarasota
MACY'S
Asset Protection Officer, Sacramento Cfc - Full Time
Permanent · Sacramento
MACY'S
Asset Protection Officer, Cheshire - Full Time
Permanent · Cheshire
MACY'S
Asset Protection Supervisor, Bailey Road - Full Time (3840)
Permanent · North Jackson
MACY'S
Asset Protection Officer, Columbus - Full Time
Permanent · Columbus
MACY'S
Asset Protection Officer, Cheshire - Part Time
Permanent · Cheshire
MACY'S
Asset Protection Officer, Secaucus D2C fj - Part Time
Permanent · Secaucus
MACY'S
Asset Protection Detective, Mall of Louisiana - Part Time
Permanent · Baton Rouge
MACY'S
Asset Protection Officer, Bailey Road - Part Time (3840)
Permanent · North Jackson
MACY'S
Asset Protection Detective, Modesto Vintage Fair - Full Time
Permanent · Modesto
MACY'S
Asset Protection Detective, Fashion Valley - Full Time
Permanent · San Diego
MACY'S
Asset Protection Officer, Cheshire - Full Time
Permanent · Cheshire
MACY'S
Asset Protection Detective, Ventura Pacific View - Full Time
Permanent · Ventura
MACY'S
Asset Protection Officer, Columbus - Full Time
Permanent · Columbus
MACY'S
Asset Protection Officer, Hayward - Part Time
Permanent · Union City
MACY'S
Asset Protection Officer, Columbus - Full Time
Permanent · Columbus
MACY'S
Asset Protection Captain, Visalia - Full Time
Permanent · Visalia
MACY'S
Asset Protection Officer, Secaucus - Part Time
Permanent · Secaucus
MACY'S
Asset Protection Security Guard, Arden Fair - Part Time
Permanent · Sacramento
MACY'S
Asset Protection Officer, Secaucus st fj - Part Time
Permanent · Secaucus
By
Reuters API
Published
Oct 22, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

P&G raises full-year forecast on higher demand for beauty products

By
Reuters API
Published
Oct 22, 2019

Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty brands such as SK-II and China Olay.




The world's no.1 personal care products maker forecast full-year core earnings growth in the range of 5% to 10%, compared with its prior estimate of 4% to 9% growth.

P&G expects full-year sales to grow as much as 5%, compared to earlier expectation of 4%. The company retained the lower end of 3% growth.

Organic sales, which excludes acquisitions, divestitures and currency effects, rose 7% in the first quarter.

The tide detergent maker saw solid growth in its beauty business and healthcare segment, with organic sales in its beauty business rising 10%.

Organic sales in the grooming unit, a sore point for the company, reported a 1% growth. It took an $8 billion writedown for its Gillette shaving business in the fourth quarter.

Overall, net sales climbed 6.6% to $17.80 billion, beating analysts' average estimate of $17.42 billion, according to IBES data from Refinitiv.

Net income attributable to the company rose to $3.59 billion, or $1.36 per share, in the three months ended Sept. 30, from $3.20 billion, or $1.22 per share, a year earlier.

Excluding items, it earned $1.37 per share, beating estimate of $1.24.

 

© Thomson Reuters 2021 All rights reserved.