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Procter & Gamble Raises Its Outlook After a Strong Q1

Procter & Gamble Raises Its Outlook After a Strong Q1

It didn't take long for Procter & Gamble (NYSE: PG) to abandon its conservative fiscal 2021 outlook. Organic sales rose 9% in that period, marking an acceleration over the prior quarter's 6% increase. P&G's growth was led by higher sales volumes, but average prices also rose.