Procter & Gamble (PG) PT Raised to $99 at Jefferies Following 2Q Beat
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P&G Announces Second Quarter Earnings
January 20, 2017 7:00 AM ESTNet Sales Unchanged; Organic Sales +2%; Diluted Net EPS $2.88, +157%; Core EPS $1.08, +4%
Increases Organic Sales Growth Guidance for Fiscal Year
CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2017 net sales of $16.9 billion, unchanged versus the prior year. Organic sales increased two percent. Organic sales and organic volume increased in all five business segments. Diluted net earnings per share were $2.88, an increase of 157% versus the prior year, including a gain of $1.95 per share from the Beauty Brands divestiture to Coty. Core earnings... More
Olay Provides New Insights to the Age-Long Nature versus Nurture Beauty Debate
January 19, 2017 11:34 AM ESTStudy Reveals That Certain Lifestyle Choices Might Matter More Than Genes When it Comes to Exceptionally Youthful Looking Skin
CINCINNATI--(BUSINESS WIRE)-- Olay, in collaboration with personal genetics company 23andMe, recently conducted a study to identify factors associated with exceptional skin aging. In this particular study, external factors (nurture) had a larger effect on exceptionally youthful skin appearance than two identified genetic variations (nature). More specifically, sunscreen usage and positive attitude were positively correlated with younger-looking skin, while sunbathing and frequent dry skin have a negative association with skin aging.
The collaboration was... More
