Yesterday, $PG 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.
$PG to every family! Great company for us canned food. 💝