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Inflation to Bite Procter & Gamble's Profits by Over $2 Billion in 2023!

TheMotleyFool

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Inflation to Bite Procter & Gamble's Profits by Over $2 Billion in 2023!: https://g.foolcdn.com/editorial/images/705758/procter-gamble-earnings-rewiew.jpg

Procter & Gamble (NYSE: PG) reported financial results for its most recently completed quarter. The big takeaway was the over $2 billion in incremental costs that inflation will add to its business.

Stock prices used were the afternoon prices of Oct. 21, 2022. The video was published on Oct. 22, 2022.

Source Fool.com

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