PG Stock Recent News

Procter & Gamble NYSE: PG is in the consumer staples sector and is by far the world's largest company in the household products industry, with a market capitalization of over $350 billion. The next closest is Colgate-Palmolive NYSE: CL at just over $80 billion.

Procter & Gamble has underperformed the S&P 500 due to slow growth in Consumer Staples sector. This can be attributed to higher inflation rates, suppressing household spending. Q4 earnings show a slight decrease in revenue due to slowing sales volumes. However, PG has a strong balance sheet to help navigate these headwinds. PG remains a solid dividend investment despite challenges. PG has delivered over 67 years of consecutive dividend growth, and the current payout ratio sits at 59%.

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 CEO Jon Moeller (PG) sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the company's performance and the state of the consumer amid reports of consumers becoming more discerning with purchases. While Moeller does not doubt that some shoppers have been "more cautious," he notes that P&G data, such as the volume share of private labels, which tracks "trade down in our categories," is "unchanged" when compared to pre-pandemic periods and the last couple of quarters.

Procter & Gamble's (PG) Q4 earnings reflect gains from improved volume and pricing, offset by adverse currency rates and higher costs, which impact its operating margin.

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling around 1% on Tuesday.

Shares of Procter & Gamble (PG) tumbled Tuesday when the consumer products giant missed revenue estimates as sales of its beauty products and diapers declined.

Although the revenue and EPS for P&G (PG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Cincinnati-based consumer goods firm Procter & Gamble Co (NYSE:PG) reported mixed fiscal fourth-quarter results this morning.

Procter & Gamble (PG) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.37 per share a year ago.