P&G Rides Pricing To Offset Lower Sales Volume, Currency Impact
This article was originally published in The Tan Sheet
The health care segment recorded a 1% decline in organic sales to $1.8b in its latest quarter, but net sales declined 11% on a 6% impact loss in volume and a 9% loss to foreign exchange. Market analysts agree with P&G’s ongoing streamlining of brands despite the drag organic sales it is causing.
You may also be interested in...
Class action complaints filed in 2020 against food, dietary supplement and beverage firms should pass 2019’s total as COVID-19 has not slowed litigants but has given plaintiffs’ council more time out of court to shop for new cases.
FDA schedules public meeting for 19 November to discuss sex and gender differences in the use and response to cannabidiols. The meeting will address the issue of CBD use in pregnancy, for which no human data currently is available.
Head & Shoulders airing a 30-second TV spot featuring Kansas City Chiefs quarterback Patrick Mahomes and former Pittsburgh Steelers safety Troy Polamalu competing over who gives “100%” effort in everything they do.