Will Procter & Gamble Stock Continue to Underperform?
Procter & Gamble (PG) stock has taken a beating in 2018. The weak top-line performance due to heightened competitive activity, pressure on the margins from the inflation in commodities, and higher shipping costs are taking a toll on Procter & Gamble’s financials. On a YTD basis, Kimberly-Clark, Clorox, and Colgate-Palmolive shares have declined 5.8%, 1.8%, and 13.5%, respectively.