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P&G plans to build on Q4 results
CINCINNATI — Procter & Gamble plans to remain focused on keeping existing and potential customers and shareholders happy, following its net sales for fiscal 2013 which increased 1% to $84.2 billion, including a negative two-point impact from foreign exchange.
Diluted net earnings per share from continuing operations were $3.86, up 24% compared with the prior year.
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Veteran retailer Allen Questrom joins Men’s Wearhouse board
Fremont, Calif. -- Allen I. Questrom, who has held CEO and other senior executive positions at several major retailers in the past 40 years, has joined the board of directors of The Men’s Wearhouse. With the addition of Questrom, currently a member of the boards of directors of Sotheby's and the Glazer family of companies, Men’s Wearhouse has nine directors, seven of whom are independent.