Procter & Gamble Co
PG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|z> | LOCK|^N | LOCK|c$K$vL! |
Procter & Gamble Earnings: Sales Trend Higher on Continued Brand Spending; Shares Look Expensive
Procter & Gamble posted a 3% rise in organic sales, on a 2% bump in volumes and a 1% benefit from favorable mix. However, margins contracted, with the adjusted gross margin down 30 basis points to 52.4%, and the adjusted operating margin off 80 basis points to 26.2%.
