(Reuters) – Procter & Gamble missed market expectations for second-quarter sales on Tuesday, signaling weak demand for its beauty and personal-care products in its major market China.
The company’s quarterly net sales rose to $21.44 billion from $20.77 billion a year earlier. Analysts had expected $21.48 billion, according to LSEG data.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shounak Dasgupta)
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