Procter & Gamble sold fewer household staples than expected last quarter as consumers grew more cautious about higher prices.
The total volume of goods sold fell 6% in the three months ended in December, worse than the 2.6% decline that analysts had estimated. CFO Andre Schulten said in an interview that shoppers are finishing off the products in their pantries before restocking, and they’re being more measured in their use of items such as paper towels. ..
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chicken crisis: 10 million chicks culled in six weeks due to load shedding | BusinessChicken shortages faced by some fast-food outlets could spill over into the retail and wholesale markets this year if the stage six load shedding continues unabated, SA’s top poultry association has warned. Randfontein 80% with No Electricity cables are stolen then substations blow due to loadshedding. Biggest problem is WATER. On the plots we need power for the pumps. No electricity no water How long do we survive if no one does anything? PLEASE HELP RANDFONTEIN. EskomGauteng Ban imports! How do businesses recover their losses? Most cannot insure against them, even if you claim from Eishkom will you ever be paid. If the doors are shut who will fill the gap. How will consumers afford the increases? NO ANSWERS.
Source: News24 - 🏆 4. / 80 Read more »