This Dividend King Explains Why Supply Chains Matter
When you hear about the global supply chain, it can be somewhat difficult to get your head around. In many respects it just means that you can't buy the stuff you want. But there's a far more acute impact for investors. Consumer goods giant Procter & Gamble (NYSE: PG) explained just how supply chain issues can hamper a business when it last reported earnings.
When Procter & Gamble reported fiscal fourth-quarter 2022 earnings, there was a lot of good news. For example, the company's sales increased by 5%, which is huge for a consumer staples company. However, the big story was what went into that number. Procter & Gamble was able to pass on price increases while also shifting consumers into higher-cost products and, at the same time, increasing the volume of products that customers bought.
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Source Fool.com
