P&G’s Focus on Efficiency Savings Prudent as It Works to Turn the Tide of Its Tepid Top Line
On the surface, Procter & Gamble’s 2% organic sales increase (driven entirely by volumes, on top of a commensurate uptick a year ago) and 10-basis-point degradation in adjusted operating margins to 23.4% might be viewed as lackluster performance, as evidenced by the low- to mid-single-digit downdraft in the shares after the company reported second-quarter results. However, in the context of persistent competitive and inflationary pressures, we’re more constructive, particularly as the firm’s...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.