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Here's Why Procter & Gamble (PG) Fell More Than Broader Market
Zacks Investment Research· 2024-01-17 00:34
Procter & Gamble (PG) closed the latest trading day at $149.79, indicating a -0.54% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a drop of 0.62%, and the technology-dominated Nasdaq saw a decrease of 0.19%.Heading into today, shares of the world's largest consumer products maker had gained 3.03% over the past month, lagging the Consumer Staples sector's gain of 6.39% and outpacing the S&P 500's gain of 1.56% in t ...
Procter & Gamble (PG) Strong Brands Aid Growth Amid Inflation
Zacks Investment Research· 2024-01-16 18:33
Procter & Gamble (PG) has honed a successful strategy by focusing on key brands like Gillette and Ariel, effectively serving a broad customer base with an array of daily essentials. These brands have not only secured strong market positions but have also become household names. Central to the company's strategy is an emphasis on improving productivity and implementing cost-saving measures, aimed at augmenting margins to counterbalance the challenges posed by macroeconomic factors such as supply-chain fluctu ...
Procter & Gamble 2Q results could be hit by inflation, brand switching
Proactive Investors· 2024-01-16 17:29
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Procter & Gamble (PG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-01-16 16:20
Procter & Gamble (PG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Janua ...
Will P&G (PG) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-12 18:32
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Procter & Gamble (PG) , which belongs to the Zacks Soap and Cleaning Materials industry, could be a great candidate to consider.This world's largest consumer products maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 5.4 ...
P&G Declares Quarterly Dividend
Businesswire· 2024-01-09 21:15
CINCINNATI--(BUSINESS WIRE)--The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared a quarterly dividend of $0.9407 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after February 15, 2024 to Common Stock shareholders of record at the close of business on January 19, 2024, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on January 19, 2 ...
Procter & Gamble (PG) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks Investment Research· 2024-01-08 23:47
The latest trading session saw Procter & Gamble (PG) ending at $148.69, denoting a +0.86% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 1.41%. Meanwhile, the Dow gained 0.58%, and the Nasdaq, a tech-heavy index, added 2.2%.The world's largest consumer products maker's shares have seen an increase of 1.56% over the last month, not keeping up with the Consumer Staples sector's gain of 2.02% and the S&P 500's gain of 2.9%.The upcoming earnings release of Procter & Gamble wi ...
Bounty Paper Towels® Takes on Game Day's #1 Food with the Ultimate NFL Wingmen
Businesswire· 2024-01-03 15:00
CINCINNATI--(BUSINESS WIRE)--Football and wings. Wings and Bounty. Gronkowski and Edelman. Nothing says ultimate wingmen more than these iconic duos. This playoffs season, the quicker-picker-upper is your most reliable wingman, tackling saucy wing mess with the help of some of the NFL’s greatest wingmen. It was estimated that Americans consumed a record-breaking 1.45 billion wings during last year’s Super Bowl, making a record-breaking mess, so this year Bounty is jumping in to clean up on game day. Rob ...
Procter & Gamble: A Value and Dividend Story
GuruFocus· 2024-01-03 13:01
The consumer is in focus heading into 2024. There is no doubt that 2023 was surprisingly strong in terms of retail sales trends. Disinflation trends and lingering excess savings from the pandemic, along with now-positive real wages, are helpful. Some pundits assert that increased dependence on credit cards and a surprising jump in holiday buy now, pay later activity are warning signs. Also, total holiday spending came in on the weak side. I am slightly bullish on Procter & Gamble Co. (PG, Financial). I see ...
Procter & Gamble (PG) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-01-02 19:34
Procter & Gamble (PG) closed the most recent trading day at $148.74, moving +1.5% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.57%. Meanwhile, the Dow experienced a rise of 0.07%, and the technology-dominated Nasdaq saw a decrease of 1.64%.The the stock of world's largest consumer products maker has fallen by 3.63% in the past month, lagging the Consumer Staples sector's gain of 1.66% and the S&P 500's gain of 4%.Analysts and investors alike will be keeping a close eye ...