Breaking Down the Key Takeaways from Procter & Gamble Co. (PG) Quarterly Report

PG experienced a decrease in Corporate net sales but an increase in net earnings for the three months ended March 31, 2024. However, for the nine months ended March 31, 2024, Corporate net sales decreased significantly, leading to a loss in net earnings primarily due to the impairment charge of the Gillette intangible asset. Despite […]

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