P&G Says Pricing Had Neutral Impact On Sales -- Market Talk

Dow Jones
01-22

0807 ET - Procter & Gamble stuck with small price increases in just a few of its segments during F2Q, which didn't have any impact on its 2% sales growth for the quarter. The consumer-products company said prices were up 2% in its beauty segment, but that was fully offset by a 1% drop in volume and 1% impact from foreign exchange translation. The grooming segment got a 1% lift in prices and 2% lift in volumes, partially offset by dents from forex and mix. Health Care got a 1% increase in prices, though that was offset by impacts from acquisitions and divestitures. Procter & Gamble is up 3.4% premarket. (dean.seal@wsj.com)

(END) Dow Jones Newswires

January 22, 2025 08:07 ET (13:07 GMT)

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