Kimberly-Clark lifts annual forecasts on resilient demand, higher prices [Yahoo! Finance]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: Yahoo! Finance
pricing and robust demand for its premium personal care and household products in North America. Top consumer goods companies have been increasing prices since the pandemic to counter escalating costs, which are now easing from their peaks, leading to intensified competition from budget-friendly brands as shoppers seek better value. Kimberly-Clark said it was sustaining the momentum in premium products within its personal care division. Overall, the company's volumes rose by 1% while prices saw 4% growth in the quarter, with minimal consumer trade-down. The results mirror wider market conditions, as larger rival Procter & Gamble recently raised its annual profit forecast on lower commodity costs and consumer demand for its pricey Tide detergent and Dawn dish soap. Demand for household and personal care products has remained resilient, with consumers stocking up on surface cleaning agents, disinfectants and paper napkins. The Kleenex parent reported quarterly net sales of $5.
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PG
Earnings
- 4/19/24 - Beat
PG
Sec Filings
- 5/3/24 - Form CERT
- 5/2/24 - Form 144
- 5/1/24 - Form 4
- PG's page on the SEC website