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P&G stock dips on soft outlook despite 'stable' consumer
['Min Read']
Yahoo Finance - Business finance, stock market, quotes, news
Procter & Gamble (PG) stock is being put through a mild wash cycle after a mixed earnings day.
Shares fell 2.5% in early trading as the company reported a muted quarter and outlook amid still high inflation and cautious consumers.
"The consumer is OK and stable," Procter & Gamble CFO Andre Schulten told Yahoo Finance.
Analysts were looking for fiscal year 2027 organic revenue growth of 2.44% and core earnings per share of $7.02.
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