Procter & Gamble maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth in years as consumer belt-tightening is beginning to hit household staples.
The outlook comes after the Cincinnati-based consumer-products giant on Friday reported its biggest annual sales increase in 16 years because of the price increases that it placed on mainstays from toothpaste to toilet paper.
Source: https://www.wsj.com/articles/procter-gamble-sounds-a-warning-after-strong-quarter-11659092616?siteid=yhoof2&yptr=yahoo