Procter & Gamble Breaks Down Its 19% Earnings Surge
There's a new normal for Procter & Gamble (NYSE: PG) shareholders. After watching their company struggle for years with a massive turnaround effort that failed to deliver improved results, the maker of Tide detergent and Pampers diapers is finally on a different path. Last week, P&G raised its sales outlook following another blockbuster quarter highlighted by market share gains and sparkling financial returns.
In a conference call with Wall Street analysts, CFO Jon Moeller broke down the latest results and explained why the management team expects the positive momentum to continue at least through the second half of fiscal 2020. Below are a few highlights from that presentation.
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Source Fool.com
