Procter & Gamble earnings are coming before the bell — here's what the Street expects
CEO David Taylor said the company has been improving its market share for eight consecutive quarters.
Still, Wall Street will likely want reassurance that the U.S. consumer is still upbeat, amid continued trade tensions with China.the U.S. consumer "remains strong" despite global economic growth fears and the trade war. Wall Street will also expect an update on P&G's Gillette shaving business, which has been hurt by currency devaluations and new competition, like Harry's and Unilever's Dollar Shave Club. P&G last quarter wrote down the value of the Gillette brand by $8 billion.
As of Monday's close, P&G shares are up nearly 30% year-to-date, boosting its market value to $298 billion.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Boris Johnson’s Brexit GambleBritish Prime Minister Boris Johnson played an elaborate game of bluff to strike a Brexit deal with Europe. He is now trying to finish his gambit on the home front.
Read more »
RS Charts: YoungBoy Never Broke Again Tops Artists 500 Chart.GGYOUNGBOY takes the throne on this week’s Artists 500 chart after seeing massive first-week streams for 'AI Youngboy 2'
Read more »
European shares fall amid earnings deluge; Reckitt slides on outlook cutEuropean shares fell on Tuesday as investors sifted through a mixed bag of corpo...
Read more »
Calling everyone who shares their Netflix passwords—Netflix may be onto youNetflix recently announced that they intend to limit password sharing, as it costs the streaming platform an estimated $135 million each month.
Read more »
Mexico dispatches elite troops, scrambles to act in wake of cartel city battleMexico jumped into action on Monday in the wake of a cartel assault that freed J...
Read more »