Procter & Gamble Lowers Full-Year Sales, Profit Projections
Shares of Procter & Gamble (PG) dipped in premarket trading Thursday after the consumer goods giant’s fiscal third-quarter sales came in below analysts’ estimates and it cut its full-year outlook. The parent of Tide laundry detergent, Bounty paper towels, and dozens of other brands reported core, or adjusted, earnings per share (EPS) of $1.54 on