$PG Q2 Earnings Show Mixed Signals
$PG Q2 Earnings Show Mixed Signals
delivered a mixed quarter. Revenue came in slightly below expectations, but adjusted EPS beat estimates. Slower consumer spending in key U.S. categories weighed on sales, while the beauty segment showed relative strength. Management maintained full-year guidance but trimmed growth expectations due to higher costs and margin pressure. The company also announced job cuts and brand divestments as part of its restructuring plan. With costs rising and consumers pulling back, is still the safe defensive play investors rely on, or does this signal more pressure ahead?
Cautious takeaway, solid earnings, but rising costs and softer demand cap near-term upside.
That's a classic - steady, but not immune. Still a defensive name, though rising costs and softer demand hint at more pressure ahead
