Procter & Gamble’s chief financial officer said April 23 the company remains committed to the Grooming division despite disappointing sales.
“This is a business that we not only want to keep, but that we like and feel we can win,” CFO Jon Moeller said.
The Cincinnati-based maker of Gillette razors and Braun electric shavers (NYSE: PG) reported net sales of $1.4 billion for the Grooming business in the recently ended third quarter, down 8 percent from last year. Gillette is headquartered in…
Boston Biz Journal https://www.bizjournals.com/boston/news/2019/04/23/should-gillette-owner-p-g-exit-the-shaving.html?ana=RSS&s=article_search