Published 2 years ago

P&G's sales climb in Q4, but cautious on fiscal 2023 outlook

Summary by Ground News

Shares of the Cincinnati-based company dropped 5% in morning trading Friday. P&G earned $3.05 billion, or $1.21 per share, for the April through June period. The company reported fiscal 2022 sales of $80.2 billion and earnings of $5.81 per share.

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Associated Press News

P&G's sales climb in Q4, but cautious on fiscal 2023 outlook

2 years ago·United States

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abc News

P&G's sales climb in Q4, but cautious on fiscal 2023 outlook

2 years ago·United States

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KRDO

P&G's sales climb in Q4, but cautious on fiscal 2023 outlook

By MICHELLE CHAPMAN AP Business WriterProcter & Gamble’s sales rose 3% in the fiscal fourth quarter, but the world’s largest consumer products maker gave a lackluster fiscal 2023 sales forecast as it contends with rising commodity and freight costs. P&G’s revenue climbed to $19.52 billion from $18.9 billion during the quarter, helped by higher prices. This topped the $19.39 billion that analysts surveyed by Zacks Investment Research were looking…

2 years ago·Colorado Springs, United States

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MY Northwest

P&G's sales climb in Q4, but cautious on fiscal 2023 outlook

Procter & Gamble’s sales rose 3% in the fiscal fourth quarter, but the world’s largest consumer products maker gave a lackluster fiscal 2023 sales forecast as it contends with rising commodity and freight costs.Shares of the Cincinnati-based company dropped 5% in morning trading Friday.Like many businesses, P&G is dealing with consumers pulling back on their spending as they worry about inflation and a possible recession. “The operational cost a…

2 years ago·Tacoma, United States

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Moneycontrol

P&G's sales climb in Q4, but cautious on fiscal 2023 outlook

Shares of the Cincinnati-based company dropped nearly 5 percent at the market open on Friday.

2 years ago·India

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WCPO Cincinnati

P&G's sales climb in Q4, but cautious on fiscal 2023 outlook

Procter & Gamble's sales rose 3% in the fiscal fourth quarter, but the world's largest consumer products maker gave a lackluster fiscal 2023 sales forecast as it contends with rising commodity and freight costs.Shares of the Cincinnati-based company dropped nearly 5% at the market open on Friday.Like many businesses, P&G is dealing with consumers pulling back on their spending as they worry about inflation and a possible recession.“The operation…

2 years ago·Cincinnati, United States

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