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Procter & Gamble Stock Rises on Earnings Beat. But Outlook Has Warning for S&P 500.

Por: MarketWatch Business October 18, 2023

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Shares in P&G advanced 1.6% in premarket trading. “We delivered very strong results in the first quarter of fiscal year 2024, putting us on track to deliver towards the higher end of our fiscal year guidance ranges for organic sales and core EPS growth,” said Jon Moeller, the company’s chairman and CEO. One message in the earnings report from P&G was , with sales up 6% from a year prior and volumes down just 1% despite the company . P&G is... + full article



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