P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales

Shares in P&G were flat in early trading. A slowing global birthrate has hit P&G and competitors like Huggies diapers maker Kimberly-Clark , particularly in China and the United States. Pemium baby-care sales in China are up 20-30% so there are still opportunities despite the slow brithrate, Chief Operating Officer Jon Moeller said on a post-earnings call. …read more

Source:: Yahoo Finance

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