P&G tops profit estimates on pricing boost, resilient demand Retail Procter & Gamble (P&G) topped market expectations for quarterly sales and profit on Wednesday, benefiting from higher prices as well as steady demand for its personal care products and cleaning supplies. While P&G’s moves to consistently raise prices over the past several months have dented sales volumes with some cost-conscious shoppers turning to cheaper alternatives, [...]
Procter & Gamble hikes prices further as freight costs continue to bite Procter & Gamble (P&G) will raise the prices of some of its grooming, oral and skin care products in the U.S. The consumer goods company will apply the increases to specific items such as razors alongside some sub-categories. The price hikes are to counter higher commodity and freight costs that are expected to take a [...]
Market spotlight on today’s earnings: Netflix, Johnson & Johnson, and Procter & Gamble take center stage Markets Investors are eagerly awaiting earnings reports, particularly from Netflix, and expectations are generally positive.
Moving markets: Five things shaping the FTSE 100 today January 24, 2024 Asian stocks rise, Netflix surges 8%, stable oil prices, BOC holds rates, attention shifts to upcoming Tesla earnings.
Procter & Gamble lifts sales forecast after price hikes and Covid demand for cleaning products January 19, 2022 Consumer goods giant Procter & Gamble hiked its annual sales forecast on Wednesday after a surge in Covid infections led to an invigorated demand for cleaning supplies. It marked a six per cent leap in quarterly sales, beating expectations. The company, which owns household brands such as Head & Shoulders and Ariel, reported its fabric [...]
Unilever shares surge after Peltz takes a stake, though reports say job losses loom January 24, 2022 Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
Activist investor Trian takes stake in Unilever as pressure builds on Alan Jope January 23, 2022 Activist hedge fund Trian Partners has reportedly taken a stake in Unilever as investors continue to pile pressure on beleaguered boss Alan Jope.
Procter & Gamble shares spike in surprise profits boost October 19, 2018 Rising profits for the first quarter at consumer goods group Procter & Gamble (P&G) took the market by surprise today, leading its share price to rise almost eight per cent. The giant behind brands such as Pampers, Bounty and Pantene reported organic sales growth of four per cent in the last three months, its best results in [...]
Procter & Gamble misses estimates on poor nappy sales January 23, 2020 US consumer goods giant Procter & Gamble reported lower-than-expected quarterly sales today, hurt by a stronger dollar and a slowing demand for nappies. The slowing growth rate globally has hit demand for its Pampers nappies, particularly in the US and China. Net sales rose 4.6 per cent to $18.2bn (£13.9bn), slightly below the average analyst [...]
WTF? Procter & Gamble looks to trademark millennial-friendly acronyms like LOL and NBD August 24, 2018 Consumer goods titan Procter & Gamble has reportedly applied to trademark millennial-friendly phrases such as 'WTF', 'LOL' and 'NBD'. It filed the trademark with the US Patent and Trademark Office in April, and if successful will mean the company can use the acronyms to market its products. The company wants to use the phrases on air [...]