Led by advertising efficiencies, P&G post another solid quarter

P&G delivered fine earnings for the fourth quarter of 2022. The company behind Tide, Pampers, and Head and Shoulders shampoo earned $19.5 billion in the last three months, an increase of 3% from last year. Like most CPG companies, the big sales driver was price. The company used an 8 percent price increase to compensate for a 1% decrease in volume. From a profitability perspective…

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Eric Gardner

Eric Gardner

I write about the intersection of politics, technology and retail. Join my monthly newsletter. https://www.ericgardner.net/monthly-cpg-and-retail-newsletter/