Markets

Proctor & Gamble sinks after a quarterly revenue miss overshadows improved guidance

Proctor & Gamble announced on Thursday a second-quarter organic revenue miss that upstaged an otherwise rosy report. The company’s organic sales, which exclude deals and currency changes, grew 5% from the year-ago period, falling below analysts’ 5.6% growth estimate. P&G’s quarterly earnings landed above estimates, and the company lifted its […]
Proctor & Gamble sinks after a quarterly revenue miss overshadows improved guidance