Procter & Gamble’s stock slips as profit beat, steady outlook offset a sales miss

By / / Finance / 1 minute of reading




Shares of Procter & Gamble Co. fell 1.2% in premarket trading Friday, after the consumer packaged-goods company reported fiscal first-quarter profit that beat expectations and maintained its full-year outlook even as sales surprisingly declined.



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Avatar of Amanda Pierce
Amanda Pierce is a writer who has covered sports, education, and tech for Highland Loch Press. She also writes about her hobbies—which include hiking, traveling to new places, and cooking.

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