PG Stock Is Up 15.2% since Q1 Results: Will Uptrend Continue?
Procter & Gamble stock (PG) has seen a healthy recovery since the company reported stronger-than-expected first-quarter results on October 19. Procter & Gamble’s sales and earnings surpassed Wall Street’s expectations, and its 4% organic sales growth rate during the first quarter of fiscal 2019 impressed investors. Higher volumes across all business segments and its positive mix in the beauty segment supported the company’s organic sales growth.