(Reuters) -Procter & Gamble Co raised its full-year sales forecast on Wednesday as consumer demand for cleaning and personal healthcare products remains resilient despite rising prices, sending its shares up 1.7% in premarket trading.

However, the company warned that rising commodity and freight prices could impact its core annual earnings per share. It now anticipates that it will achieve the same 3% to 6 percent growth as in January.

According to the consumer goods company, fiscal 2022 sales will rise by 4% to 5.5% over its previous forecast of an increase of 3% to 4.4%.

According to Refinitiv data, Tide’s net sales rose by 7% to $19.38billion for the March 31 quarter. That compares with analyst estimates of $18.73billion.

Before the opening bell, shares of the company were up to $162.13