Procter & Gamble Posts Biggest Sales Gain in Decades—and a Word of Caution

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Procter & Gamble Co. ’s booming quarter came with a warning.

The maker of Tide detergent and Gillette razors on Wednesday posted its biggest quarterly sales gain in at least two decades as consumers, so far undeterred by inflation and the threat of a recession, paid more for household mainstays and gravitated toward higher-end options.



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