P&G Boosts Profit Amid Shifting Consumer Spending and Focuses on Innovation
TL;DR Summary
Procter & Gamble reported better-than-expected quarterly results driven by continued consumer demand for beauty and hair-care products despite a broader economic slowdown, with strategic price hikes and product innovations helping offset higher tariffs and competitive discounting. The company also announced cost-cutting measures and market exits to adapt to challenging global conditions.
Topics:top-news#beauty-products#business#consumer-spending#market-strategy#procter-and-gamble#tariffs
- P&G latest to flag diverging consumer spending as profit tops on beauty demand Reuters
- Procter & Gamble beats earnings estimates but reveals waning demand in some categories CNBC
- Procter & Gamble Sales Rise; Sees Tariff Risk Lower for FY26 Yahoo Finance
- Procter & Gamble fiscal 1Q results top Street, sees less of an impact from tariffs for fiscal 2026 AP News
- Procter & Gamble to Focus on Innovation, Not Discounts, to Attract Wary Shoppers The Wall Street Journal
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