What to Expect from Procter & Gamble in Fiscal 2019
Procter & Gamble (PG) managed to improve its net and organic sales growth rate in fiscal 2018 thanks to the favorable currency rates and higher volumes. Price investments to defend its market share in the grooming category and increased competition in the value segment restricted organic sales growth, which grew by only 1.0% in fiscal 2018. In the near term, pricing is expected to remain low and could adversely impact the organic sales growth rate.