Procter & Gamble Talks About a "Forever Altered" Consumer Landscape
Procter & Gamble's (NYSE: PG) latest earnings report was a hit with investors. It showed robust sales and profit growth as the COVID-19 pandemic scrambled consumers' shopping priorities. Through that volatility, P&G overcame manufacturing and supply challenges to win market share in bedrock categories such as fabric care and home healthcare.
In a conference call with investors, management described the head-turning scope of the recent demand spike. CFO Jon Moeller also predicted that, while short-term sales trends will be volatile, P&G is likely to benefit from a fundamental shift in consumption toward many of its product categories.
Let's look at some highlights from that presentation.
Source Fool.com
