consumer products giant

P&G Reports Better Results As It Fends Off Activist Challenge

by

Procter & Gamble, seeking to fend off a challenge from activist investor Nelson Peltz, Thursday pointed to better-than-expected earnings as evidence its makeover of the consumer products giant is on track. P&G reported increased profits in the just-finished quarter and projected higher sales in fiscal 2018, a contrast to the sluggish sales of recent years. … Read more

P&G Sees Higher Sales In Fiscal 2018; Earnings Up

by

Procter & Gamble reported increased quarterly profits Thursday and forecast higher sales in its next fiscal year as it sought to beat back a challenge by activist investor Nelson Peltz. The consumer products giant, whose products include Old Spice deodorant and Charmin toilet paper, said fiscal fourth quarter profit was $2.2 billion, up 13.5 percent. … Read more