The company's shares fell about 2% in early trade. The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec. 31 on its Gillette business. P&G, which bought Gillette for $57 billion in 2005, gets about 8% of its total sales from the grooming business.
By Sabela Ojea Procter & Gamble's latest quarterly volumes were down as a result of the consumer goods giant's beauty business in China, Chief Financial.
Procter & Gamble’s latest quarterly volumes were down as a result of the consumer goods giant’s beauty business in China, Chief Financial Officer Andre…
Consumer companies slid as oil prices resumed their upward trend. The U.S. JETS exchange-traded fund, which tracks a basket of airlines, fell by more than.
Consumer companies slid as oil prices resumed their upward trend. The U.S. JETS exchange-traded fund, which tracks a basket of airlines, fell by more than 4%, doubling losses for the year to. -October 18, 2023 at 05:25 pm EDT
- MarketScreener