Procter & Gamble is a multinational consumer goods corporation that specializes in a wide array of personal care, health, and hygiene products
The company develops, manufactures, and markets well-known brands that encompass various categories, including beauty, grooming, health care, fabric and home care, and baby and family care. By focusing on innovation and quality, Procter & Gamble aims to improve the everyday lives of consumers worldwide through its diverse product portfolio, which includes items such as laundry detergents, shampoos, diapers, and skincare products. The company's commitment to sustainability and social responsibility further underscores its role as a leader in the consumer goods industry, as it works to create a positive impact on society and the environment.
Procter & Gamble is a solid blue-chip dividend growth stock on track to increase its distribution in 2025 by mid-single-digits, and its shares are rising.
Consumer products behemoth Proctor & Gamble (NYSEPG) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 2.1% year on year to $21.88 billion. Its non-GAAP profit of $1.88 per share was 1.1% above analysts’ consensus estimates.
Markets had a strong session on the first full day of President Trump’s second administration. Indexes have rocketed up from 2025 lows hit a week to a week and a half ago.
Procter & Gamble shares rose in premarket trading after Q2 FY25 earnings exceeded expectations. The company reported a 2% sales growth to $21.9 billion, surpassing the analyst estimate. Organic sales increased by 3%, driven by a positive geographic mix.
U.S. stocks could open on a positive note on Wednesday, continuing to rally after Donald Trump's inauguration as the 47th President of the U.S. on Monday.
