Oct 18 (Reuters) - Procter & Gamble ( PG ) missed Wall
Street expectations for first-quarter sales on Friday, as
consumers in its major markets, the U.S. and China, switched to
cheaper household and personal care brands.
The company's first-quarter net sales fell to $21.74 billion
from $21.87 billion a year earlier. Analysts had expected $21.91
billion, according to LSEG data.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by
Shinjini Ganguli)