Procter & Gamble announced a 4% organic sales growth for fiscal year 2024, continuing a streak of six consecutive years with at least a 4% rise. Net sales rose 2%, to $84 billion, while fourth-quarter sales, shipment volumes and product mix were flat year over year.
Procter & Gamble Company (NYSE:PG ) Q4 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Jon Moeller - Chairman, President, Chief Executive Officer Andre Schulten - Chief Financial Officer Conference Call Participants Bryan Spillane - Bank of America Dara Mohsenian - Morgan Stanley Steve Powers - Deutsche Bank Laura Lieberman - Barclays Robert Ottenstein - Evercore ISI...
Shares of Procter & Gamble (PG) tumbled Tuesday when the consumer products giant missed revenue estimates as sales of its beauty products and diapers declined.
Procter & Gamble Co (NYSE: PG), the household staple known for its broad range of consumer goods, reported weaker-than-expected sales for the fourth quarter on Tuesday. Despite this, experts suggest the stock remains a strong long-term investment.
Procter & Gamble reported better-than-expected earnings, but its quarterly revenue fell short of Wall Street's estimates. The company's volume increased for the first time in more than two years.
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