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P&G Reports Market Share Growth Q2 2010

Posted: January 27, 2011

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Grooming net sales increased 3% to $2.2 billion on a 5% increase in unit volume. Organic sales were up 6%. Volume growth in P&G's health and well-being business was led by oral care, which was up high single digits due primarily to the continued success and incremental merchandising support behind Crest 3D White in North America, Oral-B toothpaste expansions in Brazil, Belgium and Holland and the Pro-Health innovation in multiple markets around the world.

According to a Jan. 26, 2011, report in The Wall Street Journal, P&G plans to expand its Dolce & Gabbana makeup counters to more department stores to build its high-end business, which mainly consists of fine fragrances. The results of the move, along with the launch of Olay skin cream in 15 new markets supported by co-advertising with Pantene hair-care products, remain mixed, according to the report.

The full P&G financial report is available through the company.