Procter & Gamble Co
PG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|B! | LOCK|d> | LOCK|Z^lX!q> |
Procter & Gamble Earnings: Despite Near-Term Headwinds, We See Unwavering Long-Term Focus as a Plus
Organic sales edged up 2% in Procter & Gamble's fiscal first quarter, on the heels of higher prices and a favorable mix, as volumes held flat year over year. Costs related to tariffs and commodities inflated, eating into profits, with the adjusted gross margin contracting 50 basis points to 51.4%.
