Quarterly sales of home care products like Mr Clean rose by double-digits in every region. Sales of what the company calls "personal cleansing" items grew 30%. Sales of appliances such as Braun grooming products also shot up 30%. Altogether, net sales at the maker of Gillette, Crest and other consumer products increased 9%. Net earnings jumped 20%.
The story is similar across the pond. Earlier Tuesday, its British rival Reckitt Benckiser, lifted its sales forecast after seeing strong demand for cleaning products like Lysol and Dettol.
P&G said it would buy back more shares. Investors went shopping for P&G stock, which rose more than 2% at the market open Tuesday. The shares have jumped 14% this year.