Procter & Gamble earnings, sales top estimates, shares jump

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Procter & Gamble earnings are coming before the bell — here's what the Street expects

CEO David Taylor said the company has been improving its market share for eight consecutive quarters.

Still, Wall Street will likely want reassurance that the U.S. consumer is still upbeat, amid continued trade tensions with China.the U.S. consumer "remains strong" despite global economic growth fears and the trade war. Wall Street will also expect an update on P&G's Gillette shaving business, which has been hurt by currency devaluations and new competition, like Harry's and Unilever's Dollar Shave Club. P&G last quarter wrote down the value of the Gillette brand by $8 billion.

As of Monday's close, P&G shares are up nearly 30% year-to-date, boosting its market value to $298 billion.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Why is Ylan Mui chasing Mark Zuckerberg down the halls of Congress pelting him with him unanswered questions like he’s some kind of child murderer? You don’t do it to anyone else, you should stop it

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

European shares fall amid earnings deluge; Reckitt slides on outlook cutEuropean shares fell on Tuesday as investors sifted through a mixed bag of corpo... Earnings being revised down, if German economy really is in a recession...
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »