Overall net sales in the unit which houses brands like Mr Clean and Tide rose 14% in the first quarter, as consumers stocked up on anything they could get their hands on to clean their homes and potentially slow the spread of the virus. The company said "personal cleansing" grew 30% with double digit sales in every region, while its Home Care organic sales were up more than 30%. The outlook raise followed that of rival Reckitt Benckiser, on a jump in demand for its Lysol and Dettol cleaning products.
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Tuesday, October 20, 2020
P&G raises forecasts as cleaning product sales boom
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