Pricing Strategy Aids Procter & Gamble (PG): Stock to Gain

The Procter & Gamble Company (PG) has been gaining from robust pricing and a favorable mix, along with strength across segments. The company’s focus on productivity and cost-saving plans positions it to drive margins in the near term. Continued business investments also bode well.This led to the bottom line beating the consensus mark for the sixth consecutive quarter in the second quarter of fiscal 2024. Sales and earnings improved year over year. The company’s organic sales grew, driven by robust pricing, ...