Yesterday, $PG+1.6% announced the results. Revenues rose 6% to $21.9 billion compared to $20.6 billion in the same period last year. Organic sales growth, excluding the impact of foreign exchange and acquisitions, was 7%. Net earnings per share rose 17% to $1.83. Maybe no terror for some, but I'm happy with them. Do you also own their stock?
For this company, the results are great. I would love to include PG stock in my portfolio, but the stock is too expensive right now.
I get it, it's such a lovely company for canned food like me
I'm also conservative and the company is a great company and its stock is stable, but I probably wouldn't really buy at the current price.
$PG+1.6% to every family! Great company for us canned food. 💝
Beautifully said:)
And not only stocks and their products:)