Procter & Gamble's Earnings Call: 3 Takeaways
Procter & Gamble (NYSE: PG) just concluded a selling period for the business that was impacted by huge demand swings, soaring inflation, and massive global supply-chain challenges. Yet its revenue and earnings landed more-or-less exactly where management had forecast three months ago. P&G is also on track, executives say, to hit their wider predictions for the fiscal year that just began.
In a conference call with Wall Street analysts, CFO Andre Schulten broke down the recent results and explained why the consumer staples leader should protect its positive momentum even as it rolls out price increases across its portfolio.
Let's dive right in.
Source Fool.com
