Procter & Gamble profit down despite volume growth
The maker of Gillette razors and Crest toothpaste earned $3.33 billion, or $1.11 per share, in the second quarter that ended in December, down from $4.66 billion, or $1.49 per share, a year earlier. Much of the decline stemmed from a gain in the year-ago period from the sale of its pharmaceuticals business.
(Reporting by Jessica Wohl; Editing by Lisa Von Ahn.)