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P&G Delivers Another Strong Quarter

TheMotleyFool 
0 0 24.01.20
P&G Delivers Another Strong QuarterPhoto, wide shot, wide-angle lens, Brewery, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.theapi.app/temp/0cebecb6-c4f6-4c6e-b73e-f375daba8100.png
 

Procter & Gamble (NYSE: PG) shares were down following the latest earnings report, but don't be fooled.

This was another solid quarter for the household products giant as it delivered solid growth on both top and bottom lines. The modest sell-off, with the stock falling as much as 1.5% in trading on Thursday and closing down 0.5%, seemed to owe more to the stock's big gains over the past two years than to weakening performance. Shares are still up 72% since a bottom in May 2018 and have gained 37% over the past year.

Here are the key numbers from P&G's fiscal second quarter. 

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Source Fool.com

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