Consumer products company Procter & Gamble claims its brands touch the lives of people around the world 3 billion times a day. Those brands, numbering about 300, include Tide, Bounty, Pampers, Fixodent, Scope, Noxzema, Vicks, Braun, Gillette, Max Factor, Old Spice, Charmin, Pringles, Crest and, of course, Ivory. Chairman, president and CEO A. G. Lafley appears on lists of most effective corporate chief executives. P&G is regularly cited as a socially responsible company.
In the calendar quarter ending Mar. 31, 2006, P&G's sales increased 21% to $17.25 billion, including revenue from recently acquired Gillette. Organic sales during the quarter -- a measure that does not include acquisitions, divestitures or foreign exchange rates -- advanced 6%, better than P&G's long-term target of 3% to 5%. For the fiscal year ending in June, the company said in early May that it expected net sales to grow 19% to 20% and organic sales to grow 6% to 7%.