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Procter & Gamble Reports Slight Sales Increase For FY 2014

August 1, 2014: 12:00 AM EST
Procter & Gamble Company reported net sales increased 1 percent to $83.1 billion in fiscal year 2014, compared with the previous year. Core earnings per share reached $4.22, 5 percent higher than the previous year. Without considering the impact of foreign exchange, core earnings per share rose 14 percent. Diluted net earnings per share were $4.01, while organic sales grew 3 percent. For the April–June 2014 quarter, the company reported core earnings per share were $0.95, 20 percent higher than the previous year. Currency-neutral core earnings per share grew 25 percent, the company said.
"P&G Delivers Fiscal Year Commitments; Organic Sales Increase 3%, Core Earnings Per Share up 5%", Procter & Gamble, August 01, 2014, © Procter & Gamble
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