Procter & Gamble stock rose on 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.
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.
Procter & Gamble topped expectations in fiscal 2025's Q2 with strong revenue figures, but it continues to face challenges with supply chain costs.
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,
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.
Nevertheless, Procter & Gamble CEO Jon Moeller said it will take some time still for the wider company to get to dependable growth in China.
Procter & Gamble Co. (PG) announced a profit for its second quarter that increased from the same period last year and beat the
Morgan Stanley analyst Dara Mohsenian maintained a Buy rating on Procter & Gamble (PG – Research Report) today and set a price target of
Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.
Procter & Gamble is seeing encouraging signs in China, but a full recovery is still a ways off, executives said Wednesday as the consumer products giant reported solid earnings.
U.S. stock-market futures pointed to opening gains on Wednesday after Netflix posted better-than-expected results and President Donald Trump unveiled an artificial-intelligence infrastructure package.