Dividend Kings Down Today: Why Johnson & Johnson (JNJ), Coca-Cola (KO) and Procter & Gamble (PG) Are Sliding
- Procter & Gamble lowered its annual sales and profit forecasts on Thursday.
- The company cited a pullback in consumer spending due to economic uncertainty.
- Third-Quarter net sales fell two percent as product volumes declined overall.
- P&G now expects flat sales for the year, down from a prior four percent growth projection.
- Executives indicated likely future price increases to help mitigate rising costs and tariff impacts.
21 Articles
21 Articles
Dividend Kings Down Today: Why Johnson & Johnson (JNJ), Coca-Cola (KO) and Procter & Gamble (PG) Are Sliding
Key Points Johnson & Johnson is pulling back as tariffs weigh on investors. Not helping, JNJ just forecasted $400 million in tariff-related costs. Some analysts expect Procter & Gamble to cut its forecast thanks to uncertainty over spending with global trade tensions. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully …
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