- Procter & Gamble (NYSE:PG) is up 4.2% in premarket trading after the company appears to have navigated around FQ4 headwinds better than peer Kimberly-Clark.
- P&G's organic sales growth of 4% topped KMB's mark of 3% amid higher pricing at both companies. Procter & Gamble's operating margin of 22.8% easily topped the 16.2% reported by Kimberly-Clark for the quarter, with both companies battling through F/X challenges and commodity inflatiom.
- Colgate-Palmolive (NYSE:CL), Church & Dwight (NYSE:CHD) and Clorox (NYSE:CLX) are on watch after the sector heavyweights reported. Shares of Kimberly-Clark have pared their early loss and are now down 2.0%.
- Previously: Kimberly-Clark down 2.7% post Q4 results (Jan. 23)
- Previously: Organic sales solid at Procter & Gamble (Jan. 23)
Earnings shakeup in household products sector
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About PG Stock
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Symbol | Last Price | % Chg |
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PG | - | - |
The Procter & Gamble Company |