Pricing Power Offsets Inflationary Pressure for Procter & Gamble in Q2
International consumer packaged-goods giant Procter & Gamble (NYSE: PG) reported fiscal 2022 second-quarter earnings on Jan. 19. The market liked what it saw, and the stock was up by 3.68% on the announcement day.
Procter & Gamble was riddled with a host of challenges arising from the coronavirus pandemic that culminated in rising costs across the board. However, P&G offset some of those expenses by raising prices. Let's look closer at the quarter's figures.
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