Retail

Procter & Gamble (PG) Q3 2021 earnings beat estimates

0


Containers of Tide detergent on grocery store shelves in New York.

Richard B. Levine | Corbis | Getty Images

Procter & Gamble on Tuesday topped analysts’ estimates for quarterly earnings and revenue as consumers maintained pandemic buying trends like purchasing more cleaning supplies and started buying beauty products again.

The company, whose portfolio includes Tide detergent, Charmin toilet paper and Pampers diapers, also announced that it will raise prices on some products this autumn.

Shares of the company fell less than 1% in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share:…



Source cnbc.com

Consumer products sales jumped 9.4% to $1.53 trillion last year

Previous article

IEA warns Covid recovery anything but sustainable

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail