Procter & Gamble Sounds a Warning After Robust Quarter

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Procter & Gamble The maker of Tide laundry detergent and Pampers diapers, forecasts the slowest gross sales progress in years as customers tighten their belts and begin hitting family staples.

The outlook comes after the Cincinnati-based shopper merchandise big on Friday reported its greatest annual gross sales enhance in 16 years as a result of worth hikes it positioned on mainstays from toothpaste to rest room paper. .

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