By  on August 1, 2014

Profits in The Procter & Gamble Co.'s beauty business gained solidly in the fourth quarter despite a dip in sales.

The consumer products giant said the division's net earnings from continuing operations gained 23 percent to $498 million for the quarter. But net sales fell 5 percent to $4.63 billion, with organic sales slipping 3 percent and currency exchange making up the balance of the decline.

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