Makers of household products are flexing their pricing power, as consumers show that they are willing to pay more for big-name brands. Procter & Gamble Co. on Tuesday reported its strongest quarterly sales growth in eight years, as the maker of Tide detergent and Gillette razors got a boost from higher prices and growth in developing markets. The results come after Kimberly-Clark Corp., maker of Huggies diapers and Cottonelle toilet paper, and Unilever PLC, which sells Dove soap and Hellmann’s mayonnaise, reported solid...

Source: Wall Street Journal April 23, 2019 11:44 UTC