Procter & Gamble's strategic pricing shift should accelerate business growth this year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 72%

Stock Takes Berita

Jim Cramer,Investment Strategy,Markets

Less reliance on pricing 'should lead to a stronger rebound in volumes, offsetting the impact to sales,' Club Director of Portfolio analysis Jeff Marks says.

Consumer products giant Procter & Gamble is adjusting its pricing strategy as inflation-weary shoppers are reaching their limits on how much more they can afford to pay. Wall Street is paying attention. Historically, P & G has been able to leverage its pricing power with little resistance in both good economic times and bad because its superior products provide consumers with more value. However, two years of a crushing inflationary cycle has taken its toll.

A Procter & Gamble logo is seen during the 6th China International Import Expo at the National Exhibition and Convention Center on November 7, 2023 in Shanghai, China.is adjusting its pricing strategy as inflation-weary shoppers are reaching their limits on how much more they can afford to pay. Wall Street is paying attention.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

2023 Top 100: Why Procter & Gamble’s Beauty Business Grew Across the BoardProcter & Gamble is one of the top beauty companies of 2023.
Sumber: wwd - 🏆 24. / 68 Baca lebih lajut »