Procter & Gamble’s CFO warns of cautious consumer behavior in the U.S. due to tariffs and the government shutdown, leading to a significant decline in sales volume and value. Shares hit a two-year low as the company navigates a volatile economic context with possible layoffs and sector exits.

Procter & Gamble, known for household essentials like Tide and Pampers, sees high-end product sales growth while middle and lower-income consumers opt for cheaper brands. The company faces challenges as the CFO notes tough year-over-year comparisons and external factors like a port strike and delayed benefits impacting sales.

Read more at Yahoo Finance: Why Procter & Gamble Stock Hit a 2-Year Low on Tuesday