Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5960
    +0.0023 (+0.39%)
     
  • NZD/EUR

    0.5553
    +0.0007 (+0.13%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.78
    -0.03 (-0.04%)
     
  • GOLD

    2,337.90
    -0.50 (-0.02%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,097.01
    +56.63 (+0.70%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    17,984.32
    -104.38 (-0.58%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • NZD/JPY

    92.6840
    +0.5690 (+0.62%)
     

Will Procter & Gamble Stock Continue to Underperform?

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.