By  on April 27, 2012

Wall Street’s getting antsy for the Procter & Gamble Co. to innovate its way into better market share.

The consumer giant’s profits in beauty rose 3 percent to $523 million in the third quarter as sales inched up 1 percent to $4.8 billion. And the SK-II skin care line became the first brand in the firm’s prestige beauty division to chalk up more than $1 billion in annual sales.

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