Procter & Gamble (P&G) raised its outlook after posting its best organic sales growth since 2005 amid a boom in at-home consumption of toilet paper and cleaning supplies.
The maker of Tide detergent and Dawn dish soap said organic sales growth, which strips out some items such as currency swings, rose 9% in the quarter ended September 30. Sales grew in each of P&G’s business units, led by the fabric and home-care segment, which has spiked as consumers do more dishes, laundry and cleaning at home...
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