Navigation Links
P&G Reports EPS of $0.92, Up 16% Behind 8% Sales Growth
Date:10/30/2007

t delivering year-on-year organic

growth. This marked the 21st consecutive quarter in which the company

delivered at or above target organic sales growth.

-- Net earnings grew 14 percent to $3.1 billion behind solid sales growth

and profit margin improvement. Earnings per share increased 16 percent

to $0.92 for the quarter, including a one-time tax benefit of $0.02 per

share. EPS increased 14 percent excluding the impact of the one-time

tax benefit.

Key Financial Highlights

Net sales for the quarter increased eight percent to $20.2 billion behind five percent volume growth and a three percent favorable foreign exchange impact. Each segment delivered year-on-year sales growth of six percent or higher behind continued success on product initiatives. A number of the company's key brands, including Charmin, Dolce & Gabbana, Downy, Febreze, Gillette Fusion, Head & Shoulders, Hugo Boss, Pampers, Pringles and Tide delivered double-digit sales growth. Organic sales, which exclude the impacts of acquisitions, divestitures and foreign exchange, increased five percent during the quarter.

Diluted net earnings per share increased 16 percent to $0.92, including a two percent one-time tax benefit related to a change in the German statutory tax rate. Net earnings increased 14 percent to $3.1 billion behind higher operating profit. Operating profit was up nine percent driven by sales growth and a 30-basis point margin improvement.

Gross margin was up 10-basis points to 52.9% of net sales during the quarter. Higher commodity costs had a negative impact of approximately 80- basis points. These were more than offset by volume leverage, cost savings projects and pricing.

Selling, general and administrative expenses (SG&A) were 31.0% of net sales, 20-basis points lower than the prior year period. Overhead spending as a percent of net sales was down due to overhead cost controls, Gillette synergi
'/>"/>

SOURCE The Procter & Gamble Company
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Related medicine news :

1. Autopsy reports could be valuable and informative
2. China reports declining number of SARS Cases
3. Russia Reports First SARS Case
4. Research reports that c-section deliveries are rising
5. Jharkhand reports 13,000 Malaria cases
6. Uganda Reports Failure To Contain Sleeping Sickness
7. WHO reports 36 million deaths world wide due to chronic diseases
8. Reports of Hantavirus infection in India raise concerns
9. Controversy Surrounding The HIV Positive Reports Of One-Year Girl In Kerala
10. China Reports Yet Another Bird Flu Case
11. China reports seventh bird flu victim
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/24/2014)... "My friend was killed when a ... the street in his motorized wheelchair," said an inventor ... came up with this idea so that people in ... developed the Safety Lites to make a wheelchair highly ... device ensures that motorists can see the wheelchair. This ...
(Date:11/23/2014)... November 23, 2014 The report, ... 2006 to 2020 - Asia-Pacific” provides quantitative analysis ... market segments: minimally invasive body contouring devices, non-invasive ... analysis includes market size data by revenue and ... following countries: China, Japan, South Korea, Australia and ...
(Date:11/23/2014)... 2014 (HealthDay News) -- Close friends have more influence ... does, a new study says. "We,ve known ... an influence on individual alcohol use, but there are ... group and the friend group,s influence on those decisions," ... of Public Health, said in a university news release. ...
(Date:11/23/2014)... To show thanks to new and old ... white evening dresses for weddings. Customers who need ... iFitDress.com is a distinguished dress manufacturer, and it is among ... customers for a very long time. The CEO of this ... will be able to buy not only a beautiful dress, ...
(Date:11/23/2014)... Beach, CA (PRWEB) November 23, 2014 ... of American Medical Aesthetics & Wellness was recently ... Asher Milgrom, Ph.D. is president and CEO of American ... Dr. Asher Milgrom received a full scholarship to ... and the Medical School at the University of Chicago, ...
Breaking Medicine News(10 mins):Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 2Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 3Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 4Health News:Close Friends May Be Key to Teens' Drinking 2Health News:iFitDress.com: Wonderful White Evening Dresses Now Available 2Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 2Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 3Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 4
... nine peacocks found dead near a farm at K ... special team from the department was deputed to hold ... Post mortem was conducted on the dead birds, but ... Tests were parallely conducted on the residents, migratory and ...
... Institutes of Health's (NIH) National Institute of Mental Health ... linked to impulsive violence appears// to weaken brain circuits ... ,It was studied through brain scans that ... especially males – tended to have relatively smaller emotion-related ...
... official of Delhi said that the killer disease meningococcal meningitis ... // leaving another 486 affected by it. ,'So ... of meningitis, of which 18 cases have been confirmed,' said ... ,'One person succumbed to the disease Monday and the patient ...
... has thrown Europe’s poultry industry into doldrums. An urgent call ... to provide succor to the struggling poultry producers. The Union ... fearful consumers. , ,The EU's executive branch would ... almost half, to prop up the prices of poultry, that ...
... based drug firm that had manufactured TGN-1412, has now ... tested on monkeys. Four out of the six who ... London based hospital following the drug administration are recovering, ... trial had been conducted at Northwick Park Hospital in ...
... reports of nine more cases of the deadly H5N1 strain ... given// by the country's veterinary authorities, two days after nine ... states that the ducks were found in the South of ... of Aeroe. ,Authorities in Denmark also confirmed that ...
Cached Medicine News:Health News:A gene related to aggression weakens the brain 2Health News:Delhi Witnessed 34 Meningitis Deaths In Three Months 2Health News:Drug Company Admits Knowledge Of Side Effects In Monkeys 2
(Date:11/24/2014)... 24, 2014 /PRNewswire/ - Milestone Pharmaceuticals, Inc. today announced ... Melbourne, Australia of MSP-2017, ... treatment of paroxysmal supraventricular tachycardia (PSVT).  The results ... well tolerated at single doses up to and ... desirable PK properties including rapid onset, and validating ...
(Date:11/24/2014)... Nov. 24, 2014 The Female Health Company ... investor conference call to discuss its operating results for ... 2014 on Tuesday, December 2, 2014 at 11:00 a.m. ... its operating results earlier the same day. ... conference call by dialing 1-877-374-8416 (international participants dial 1-412-317-6716) ...
(Date:11/24/2014)... 24, 2014  Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL ... from the board of directors and from his positions as ... most recently serving as the company,s president and chief operating ... join the board of directors.  Gary Lyons , a ... chairman. Mr. Gower is expected to remain an employee until ...
Breaking Medicine Technology:Milestone Announces Positive Phase 1 Data for MSP-2017; Supports Advancement into Phase 2 in PSVT Patients 2Milestone Announces Positive Phase 1 Data for MSP-2017; Supports Advancement into Phase 2 in PSVT Patients 3The Female Health Company To Report FY2014 Operating Results on Tuesday, December 2, 2014 2Rigel Announces Executive Management Changes 2Rigel Announces Executive Management Changes 3
... , , ROYAL OAK, ... and business security company today announced the exclusive ... look like a piece of jewelry, these personal emergency ... response assistance. , (Photo: http://www.newscom.com/cgi-bin/prnh/20091202/DE19790 ) , ...
... , WESTON, Fla., Dec. 2 American Scientific Resources ... Plus(TM), the world,s only FDA approved home needle destruction device (NDD), ... designed to fill the current demand for home injection prescription drug ... SB 486 which requires Californian,s to safely dispose of their ...
Cached Medicine Technology:World's Only FDA Approved Home Needle Destruction Device is in Production 2World's Only FDA Approved Home Needle Destruction Device is in Production 3
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
Medicine Products: