Procter & Gamble: Q1 2019 Takeaways

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About: The Procter & Gamble Company (PG)
by: Don Beynon
This article is exclusive for subscribers.
Don Beynon
Industrials, value, dividend growth investing
Summary

Procter & Gamble beats Q1 sales and earnings.

Organic sales growth of 4% driven by volume growth of nearly 3%.

Progress continues on P&G's transformational strategies.

The stock closed up 8.8% the day of the earnings release.

Investment Thesis

Procter and Gamble (PG) reported better than expected sales growth and earnings in its Q1 2019.

Source: P&G SEC 8-K Oct. 19, 2018

Headwinds exist but this was a very positive