Procter & Gamble Tells Investors It's Raising the Bar
Investors had gone years without seeing a sales growth upgrade from Procter & Gamble (NYSE: PG), but they've now enjoyed three consecutive hikes to that outlook. The consumer staples titan last week announced surprisingly strong demand as it raised its fiscal 2020 forecast on both the top and bottom lines.
In a conference call with analysts, CFO Jon Moeller explained the reasoning behind the boost while adding context to P&G's latest results, from the first quarter of 2020. Let's look at a few highlights from that presentation.
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Source Fool.com
