Procter & Gamble reports sales growth surpassing Wall Street expectations

10 articles · Updated · The Wall Street Journal · Apr 24

P&G's organic sales rose across all seven regions and ten categories, with U.S. category growth at 3%, up from last quarter but below the usual 4%.
Larger tax refunds boosted American disposable income, helping offset declining consumer sentiment, while P&G shares rose 2.3% in premarket trading.
Despite exceeding expectations and recent volume growth, executives caution that consumer recovery remains uncertain amid geopolitical and economic tensions, as U.S. consumer sentiment recently hit a record low.

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