Can Procter & Gamble Beat Back the Competition?
There's no denying the rising investor enthusiasm about Procter & Gamble's (NYSE: PG) business lately. The consumer staples titan has outpaced a rallying stock market so far in 2019, with its 30% increase making it one of the top five performers on the Dow.
The optimism has been supported by usually strong sales growth in recent quarters. Yet P&G's expansion pace will face a few big competitive challenges in its new fiscal year, management predicted back late July. Investors will get their first look at how well the maker of Tide detergent and Pampers diapers is faring when P&G reports fiscal first-quarter results on Tuesday, Oct. 22.
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Source Fool.com
