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Procter & Gamble Co. cut its annual sales and profit outlook, citing tariffs and volatility in consumer demand.
The maker of Tide detergent expects organic sales growth this year of approximately 2 percent versus the prior year, the company said Thursday in a statement. That’s lower than what the company forecast in January when it said it was expecting that figure to increase between 3 percent and 5 percent.
Sales in the most recent quarter were $19.8 billion. The overall volume of organic…
