UPDATE 3-P&G sees best U.S. sales in decades as shoppers stock up [Reuters]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: Reuters
P&G sees best U.S. sales in decades as shoppers stock up (Reuters) - Procter & Gamble Co ( PG.N ) beat Wall Street expectations for quarterly profit on Friday as it reported its best U.S. sales growth in decades thanks to consumers stockpiling cleaning essentials in lockdowns against the coronavirus. Laying out details of a huge surge in demand for hand soaps, Tide antibacterial spray and other detergents, Chief Financial Officer Jon Moeller said U.S. consumers stuck in their homes were doing more laundry and washing their dishes more often. Organic sales in the United States grew 10% in the company’s third quarter to the end of March and global net sales rose about 5% to $17.21 billion. “We’re seeing as much as a 20% increase in consumption across categories,” Moeller told a call with analysts. One of the world’s biggest producers of consumer goods, P&G’s results come at a time of booming demand, and profound stress, for grocers and their supply chains. Supermarkets like Kroger, Co
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News
- Procter & Gamble: A Cash Cow That Is Still A Sell [Seeking Alpha]Seeking Alpha
- Procter & Gamble Stock Tests Two-Year Low After CFO Sounds Warning on Consumers [Yahoo! Finance]Yahoo! Finance
- Veteran ad executive installed as BET president in Paramount shake-up [Los Angeles Times (CA)]Los Angeles Times
- Why Procter & Gamble Stock Hit a 2-Year Low on Tuesday [Yahoo! Finance]Yahoo! Finance
- Procter & Gamble (NYSE:PG) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
PG
Earnings
- 10/24/25 - Beat
PG
Sec Filings
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- PG's page on the SEC website