Procter & Gamble Co., maker of Pampers, Pringles, Tide and other consumer products, said Tuesday its fiscal first-quarter net income grew 4 percent, helped by strong revenue growth and despite the effects of hurricanes and rising energy and commodity costs.
The company reported net income of $2.03 billion (77 cents per share) for the quarter ended Sept. 30, compared with $1.94 billion (70 cents) in the like period a year earlier. Sales rose 8 percent to $14.79 billion.