Reported 1 day ago
Procter & Gamble has reported a 3% increase in first-quarter sales, reaching $22.39 billion, and emphasized its strategy of investing in product innovation rather than lowering prices. CFO Andre Schulten noted that the company is innovating across various product lines to maintain competitiveness, particularly in the fabric and baby-care sectors. With tariff impacts now expected to be less severe, P&G is optimistic about sales growth and plans to continue enhancing its brand through innovation and marketing efforts.
Source: YAHOO