1132 ET - Procter & Gamble is maintaining its fiscal 2025 guidance even though results in the first half were below ranges that were set for the full-year, CEO Jon Moeller says on a call with analysts. Consumer trends and forex rates make the rest of the fiscal year challenging, but the consumer products company is still expecting a stronger second half than the first, Moeller says. Andre Schulten says on the same call that P&G has good visibility toward the lower end of its sales and earnings guidance ranges, citing softer market growth and stronger forex headwinds. "However, we will continue to push all levers in our control to offset these headwinds that are largely not in our control," the CFO says. (dean.seal@wsj.com)
(END) Dow Jones Newswires
January 22, 2025 11:32 ET (16:32 GMT)
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