Procter & Gamble beat Wall Street's estimates for its quarterly earnings and revenue. The company's volume rose 1% in its fiscal second quarter as demand for household staples like toilet paper and cleaning products rose.
Shares of household products giant Procter & Gamble (NYSE: PG) were gaining today after the maker of Crest toothpaste and Gillette razors posted another solid earnings report, edging out analyst estimates.
In August 2024, P&G shares were attracting a larger group of buyers as investors were preparing for an increase in volatility. The company’s stock has long been known as a “safe harbor” stock based on their stability in changing economies.
U.S. consumer goods maker Procter & Gamble will again look to hike prices on its household basics such as Tide detergent if President Donald Trump imposes new tariffs that increase the cost of imports,
Procter & Gamble is trading near the top of the Dow Wednesday after the consumer staples giant beat expectations for its fiscal 2025 second quarter.
Investors should take note of management's commentary on these underperforming regions in the upcoming earnings call. Economic challenges and currency headwinds are eroding the company's pricing power in these underperforming regions. So, any improvement would go a long way for the broader business.
Procter & Gamble stock rose in premarket trading Wednesday after the consumer-staples company reported fiscal second-quarter sales and earnings that surpassed Wall Street expectations. Shares of Procter & Gamble were up 3% to $166.
Good morning, and welcome to Procter & Gamble's Quarter End Conference Call. Today's event is being recorded for replay. This discussion will include a number of forward-looking statements. If you will refer to PNG's most recent 10-K,
US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump's policy plans as artificial intelligence shares rallied. Shares in software investment giant SoftBank soared more than 10 percent Wednesday -- leading Tokyo-listed chipmakers higher -- after Trump said it was included in a new $500-billion venture to build infrastructure for artificial intelligence in the United States.
(Reuters) - Procter & Gamble beat second-quarter sales estimates on Wednesday, as the Pantene shampoo maker's efforts to bring newer versions of its products to the market across various price tiers attracted more customers in the United States. Shares of the Tide detergent maker rose 2% in premarket trading.
A buoyant tax credit market, long-term partnerships and financial hedges are allowing U.S. clean power developers to mitigate the impact of high interest rates.