The Cincinnati-based consumer goods giant Procter & Gamble has said it is on track to meet previously announced sales and earnings guidance for the first quarter of fiscal 2006-7.
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The company expects sales to grow by between 23% and 27% during the quarter. Procter & Gamble also anticipates diluted earnings per share to total between US$0.76 and $0.78.
The company’s results for the July to September period will be released on 31 October.