Tag: $Procter and Gamble

Shares of Procter & Gamble(PG), the parent company of household brands such as Pampers and Gillette, were rising modestly Tuesday after the company posted better-than-expected quarterly earnings and sales and announced a new chief executive.

Procter & Gamble Co. will lay off thousands of workers, the parent company of such household brands as Pampers, Gillette, Crest and Tide said Thursday, becoming the latest consumer-goods giant to cut jobs.

Procter & Gamble on Thursday reported mixed quarterly results as demand for its products fell, gave a dimmer outlook for the current quarter and said price hikes could be coming.

Procter & Gamble Co. organic sales surpassed estimates on higher volume, a change from earlier quarters where most of the company’s growth came from price hikes.

Procter & Gamble reported higher earnings than expected, fell short on sales despite price increases, and reiterated its financial guidance.

Procter & Gamble on Tuesday reported mixed quarterly results, but the company’s volume increased for the first time in more than two years.

Procter & Gamble reported quarterly earnings that beat Wall Street’s estimates, but its sales disappointed.

Procter & Gamble on Tuesday reported mixed quarterly earnings and revenue for its fiscal second quarter.

 Procter & Gamble 0.13% firmly beat analysts’ expectations in its latest quarterly results, which is good for the stock.

July 28 (Reuters) – Procter & Gamble (PG.N) on Friday beat analysts’ estimates for quarterly sales and profit buoyed by the consumer goods giant’s multiple price hikes even as it joined other multinational companies in flagging weak demand in China.