Procter & Gamble Co
PG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %@z | LOCK|Jrh | LOCK|&N#F#&D |
Procter & Gamble Earnings: Macro Volatility Caps Sales and Profits; Shares Still Strike Us as Rich
Procter & Gamble's fiscal third-quarter organic sales ticked up a mere 1% on price hikes. The adjusted gross margin slumped 30 basis points to 51%, as productivity savings and stepped-up prices were offset by unfavorable mix, inflation, and reinvestment in the business.
