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Procter & Gamble posts fourth-quarter results
CINCINNATI — Procter & Gamble announced on Friday double-digit growth in fourth-quarter net sales and earnings.
Net sales for the quarter rose 10% to $20.9 billion. Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, grew 5% for the quarter.
Net earnings totaled $2.5 billion, or 84 cents per diluted share, compared with $2.2 billion, or 71 cents per diluted share, in the year-ago period.
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Kerr launches school supply donation campaign
RALEIGH, N.C. — Kerr Drug is marking the back-to-school season with a school supply donation campaign through the Kerr Cares for Kids Foundation, the regional retail pharmacy chain said Friday.
On Thursday, each Kerr store set up a bin to collect donations of new school supplies, ranging from paper and pens to notebooks and backpacks. Supplies will be collected until Sept. 15 and will be donated to local charities.