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0 0.000245057997059313 -0.00155203398137557 -0.00996569188041169 -0.010210749877471 0.00302156510374123 -0.00171540597941508 -0.00532837771605944
Stock impact report

P&G profit tops estimates as shoppers stock up on diapers, toilet rolls [Reuters]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Reuters
P&G profit tops estimates as shoppers stock up on diapers, toilet rolls (Reuters) - Procter & Gamble Co ( PG.N ) beat Wall Street expectations for quarterly profit on Friday as consumers stockpiled on everything from diapers and detergent to toilet rolls amid sweeping lockdowns to curb the spread of the coronavirus. Sales at P&G’s units that make well-known brands such as Bounty paper towels, Tampax tampons, Charmin toilet paper, and Pampers diapers rose between 6% and 8%, boosting the company’s shares in early trading. “The strong results we delivered this quarter are a direct reflection of the integral role our products play in meeting the daily health, hygiene and cleaning needs of consumers around the world,” Chief Executive Officer David Taylor said. P&G is one of the first consumer products companies to report results for the January-March quarter, during which the coronavirus pandemic spread rapidly across the world and prompted panic buying on fears of stringent lockdowns. S Show less Read more
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