Procter & Gamble (PG) Q2 2024 earnings
From CNBC:
Procter & Gamble released mixed quarterly earnings for Q2 2024, with 3% revenue growth due to price hikes. The company narrowed its outlook for full-year adjusted earnings per share but saw a 3% rise in shares after the report. Net sales rose to $21.44 billion, driven by higher prices. However, volume growth was flat overall, with weakening demand in certain segments like health-care and beauty. P&G expects core earnings per share growth of 8-9% for fiscal 2024. This story is still developing, and more updates are expected.
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