P&G not standing still; shares attractive

The market is punishing P&G again after reporting languishing sales, but we still think the firm can drive longer-term growth.

Erin Lash, CFA 24 April, 2018 | 5:00PM
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Erin Lash: Proctor & Gamble shares were again punished after third-quarter results that included languishing sales. More specifically, organic sales ticked up just 1% in the quarter, driven entirely by higher volumes and more favorable mix, which was offset by lower prices.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Procter & Gamble Co141.66 USD-1.32Rating

About Author

Erin Lash, CFA

Erin Lash, CFA  Erin Lash, CFA, is a director of consumer sector equity research for Morningstar.

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