Heard during Procter & Gamble's earnings call

Execs with Procter & Gamble (PG) seemed pleased during the firm's earnings call on the ability of the company to raise prices into an "intensely" competitive market.

A key point is that P&G is on track to meet financial targets without boosting its marketing spend significantly

Management says an accelerated pace of savings this year isn't indicative that future savings will be lower.

P&G's market share remained level in Q1 as it grew at roughly the same rate as the broader market.

Current guidance assumes share buybacks will be about $6B.

P&G's earnings call webcast

PG -0.9% premarket

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