P&G Raises Sales Outlook, Driven by Higher Prices. The Stock Is Climbing.

Procter & Gamble beat quarterly earnings expectations and raised its outlook for sales growth on Friday. The consumer-goods company said sales were being driven by price increases.

P&G


(ticker: PG) reported net earnings of $1.37 a share for its third quarter to March 31, up 3% from the same period a year earlier. Net sales rose 4% to $20.1 billion. 

Source: https://www.barrons.com/articles/procter-gamble-pg-stock-earnings-prices-66385c50?siteid=yhoof2&yptr=yahoo