Procter & Gamble: Q4 Results Were No Surprise
PGP&G(PG) Seeking Alpha·2024-08-01 15:43
RobsonPL/iStock Editorial via Getty Images Overview The Consumer Staples sector (XLP) continues to lag behind the rest of the S&P 500 (SPY) by a wide margin. As a result, we've seen Procter & Gamble (NYSE:PG) (NEOE:PG:CA) follow a similar level of underperformance. Looking at the chart below, we can see that PG has returned investors a price increase of about 2.8%, compared to the S&P's rise of over 20%. PG recently announced their Q4 earnings, and some underwhelming growth has caused the stock to retre ...