BRIEF-Procter & Gamble CFO says new olay products shipping ahead of expectations

BOCA RATON, Fla. Thu Feb 21, 2013 10:15am EST

BOCA RATON, Fla. Feb 21 (Reuters) - Procter & Gamble Co : * CFO says new olay products shipping ahead of expectations * CFO says $1.2 billion in FY 2013 cost of goods sold cost cuts on track,

stretch goal is $1.4 billion * CFO says growth opportunities are significant, sees superior levels of

shareholder return * CFO says January good, February started tough, both in U.S. and international

markets

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