Procter & Gamble sales disappoint as price hikes slow down
Publishing timestamp: 2024-04-19 10:08:07
Summary
P&G reported mixed quarterly results with earnings beating estimates but sales disappointing. The company struggled to bring back shoppers after price hikes, but raised its fiscal 2024 forecast for earnings growth. Despite disappointing sales, P&G raised its full-year outlook for earnings growth.
Sentiment: MIXED
Tickers: PG,
Keywords: dividends, restaurants, retail industry, business, procter & gamble co, earnings, business news, breaking news: business,
Source: https://www.cnbc.com/2024/04/19/procter-gamble-pg-q3-2024-earnings.html