Procter & Gamble Co
PG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $b> | LOCK|^^B | LOCK|PBXD!j@ |
Procter & Gamble Earnings: Brand Investments Support Competitive Prowess; Shares Fairly Valued
Procter & Gamble chalked up 3% organic sales growth in its fiscal third quarter, reflecting a 2% benefit from volumes and a 1% increase in price. Its adjusted gross margin contracted 100 basis points to 50% as reinvestments, mix, and cost pressures offset productivity and pricing initiatives.
