P&G Exceeds Profit and Sales Estimates with Higher Prices; Warns of 2024 Challenges
Introduction: In its fiscal 2023 fourth-quarter report, Procter & Gamble (P&G) has outperformed market expectations, driven by increased product prices. Despite facing cost headwinds, the consumer product giant witnessed a rise in revenue and earnings. However, P&G cautioned about potential macroeconomic challenges that could impact its performance in fiscal 2024. Key Takeaways: P&G beats earnings … Read more