The cycle of "charge more and sell less" never goes on forever.
Procter & Gamble
on Friday reported quarterly earnings and revenue that topped analysts’ expectations as higher prices helped offset lower demand for its products.
The company, which owns household brands like Febreze, Charmin and Tide, also raised its forecast for organic sales growth for fiscal 2023 to 6%, up from its prior range of 4% to 5%.
Procter & Gamble
on Friday reported quarterly earnings and revenue that topped analysts’ expectations as higher prices helped offset lower demand for its products.
The company, which owns household brands like Febreze, Charmin and Tide, also raised its forecast for organic sales growth for fiscal 2023 to 6%, up from its prior range of 4% to 5%.
Procter & Gamble beats earnings estimates, raises revenue forecast
Procter & Gamble beat earnings expectations as higher prices helped offset lower demand for its products.
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