Procter & Gamble beats quarterly sales estimates

© Reuters. FILE PHOTO: A plant wall with Procter & Gamble's logo is pictured at the entrance to the company's highly automated cleaning products factory in Tabler Station, West Virginia, U.S., May 28, 2021. Picture taken May 28, 2021. REUTERS/Timothy Aeppel/File Photo

(Reuters) – Procter & Gamble (NYSE:PG) beat second-quarter sales estimates on Wednesday, as the Pantene shampoo maker’s efforts to bring newer versions of its products to the market across various price tiers attracted more customers.

The company’s second-quarter net sales rose to $21.88 billion from $21.44 billion a year earlier. Analysts had expected $21.54 billion, according to LSEG data.

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