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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.
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P&G cuts outlook as consumers pull back amid tariffs

Procter & Gamble cut its sales and profit forecast Thursday, citing a pullback in consumer behavior as uncertainty over tariffs and the economy cloud the picture.

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247wallst.com broke the news in New York, United States on Wednesday, April 23, 2025.
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