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Procter & Gamble 4Q Profit Falls 18 pct; Sales Decline
Excerpt from the InvestorGuide.com Stock of the Day on 8/5/2009

This earnings season has shaped up to be a pretty decent one. A lot of companies have delivered results that have beat or at least met Wall Street's low expectations. Unfortunately, there have been a number of profit reports that are still showing major decreases in sales and revenue. There is no doubt that the recession has impacted multiples industries, but those driven by consumers are definitely having the hardest time. Procter & Gamble Co. is the latest company to deliver a quarterly loss. The world's largest household-products maker said fourth-quarter profit fell 18 percent. Why is the company continuing to have such a hard time? Is a turnaround for P&G right around the corner?

The results from Procter & Gamble Co. were able to beat expectations, but a lot of underlying issues have been exposed. It was just last year that P&G was being praised for exceeding fourth-quarter expectations. At that time, the company started to feel the pressure from cash-strapped consumers that were trying to battle soaring energy costs. The same issues are still lingering, but have been elevated by record job losses and an unstable economy. Personal income has continued to dip over the last few months, so consumers are searching more than ever for bargains. This has forced people to cut back on purchasing certain household products. In the fourth quarter, P&G was hurt by weaker sales in its beauty and grooming businesses, which sells products like Braun shavers and Olay lotions. Generic brands continue to perform well as people opt to save a couple of dollars here and there. The economy is starting to rebound, but consumers are still not feeling the benefits just yet. This factor will continue to pose an issue for P&G over the coming months. More >


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Proctor & Gamble: Company Updates 2Q Outlook
Excerpt from the InvestorGuide.com Stock of the Day on 12/11/2008

Before the markets opened today, Proctor & Gamble announced that sales were not trending as they had forecasted or had expected thus far in their fiscal Q2. They revised their sales outlook and stated that sales would be lower than what they were aiming for. On the other hand, P&G also mentioned that their net income or profits would still be the same as they had forecasted. This seems like a lofty goal but be that as it may, how does P&G expect to achieve the same level of profits with lesser revenues? Before that though, what are the details of their revised outlook, and furthermore, how have investors reacted to such a revised guidance and outlook? More >

Procter & Gamble Finds the Right Formula for 4Q Profits
Excerpt from the InvestorGuide.com Stock of the Day on 8/5/2008

Finding the right balance between costs and sales has never been more important as companies struggle to navigate today's choppy economy and frugal consumer population. Overhauling operational procedures, reducing workforce, and leveraging any international presence seem to be the common plan among producers, retailers, and manufacturers who are trying to limit the size of the cost that is passed down to their customers. By using some of these strategies and some steps of their own, Proctor & Gamble seems to have found that magic formula, as evidenced by today's report of a 33% spike in quarterly profits. Was the success of this quarter a fluke, or has the company proven they can overcome the odds against them in the downtrodden economy? More >

Procter & Gamble Trying to Stay Afloat
Excerpt from the InvestorGuide.com Stock of the Day on 8/16/2007

Increased market volatility and the fickleness of consumers have sent Procter & Gamble on a pretty wild ride so far this year. The Cincinnati-based firm is still the world's largest consumer goods company, but has come under increased pressure from some of its competitors as they attempt to crack the firm hold that P&G has on the market. With rising global prices for raw materials and consumers worried about spending money with the tumultuous market causing havoc, how does the company plan on weathering the brewing storm? More >

Procter & Gamble announces rise in fourth quarter profits   8/1/2005

Procter & Gamble Jumps on Sales and Volume Growth   4/28/2005

Procter & Gamble Company (PG) Upgrades

Date
Analyst
Old Rating
New Rating
09/18/2009
Citigroup
Hold
Buy
05/26/2009
BMo Capital
Market Perform
Outperform
05/20/2009
Barclays Capital
Equal-Weight
Overweight
04/20/2009
SunTrust
Neutral
Buy
01/17/2007
Goldman Sachs
Buy
Hold
09/07/2006
SunTrust
Buy
Neutral

Procter & Gamble Company (PG) Downgrades

Date
Analyst
Old Rating
New Rating
09/09/2008
Merrill Lynch
Buy
Neutral
07/16/2008
BMo Capital
Outperform
Market Perform
04/17/2008
Deutsche Bank
Buy
Hold
04/08/2008
Goldman Sachs
Buy
Neutral
10/08/2007
Suntrust Robinson Humphrey
Buy
Neutral
10/08/2007
Sun Trust Rbsn Humphrey
Buy
Neutral

Procter & Gamble Company (PG) New Coverage

Date
Analyst
Rating
10/15/2008
Caris
Above Average
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