Previous close | 0.0400 |
Open | 0.0400 |
Bid | 0.0100 |
Ask | 0.0300 |
Strike | 175.00 |
Expiry date | 2024-01-19 |
Day's range | 0.0100 - 0.0400 |
Contract range | N/A |
Volume | |
Open interest | 6.86k |
The company's shares fell about 2% in early trade. The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec. 31 on its Gillette business. P&G, which bought Gillette for $57 billion in 2005, gets about 8% of its total sales from the grooming business.
Here is how Laird Superfood, Inc. (LSF) and Procter & Gamble (PG) have performed compared to their sector so far this year.
Procter & Gamble said on Tuesday that it would record up to $2.5 billion in charges over two fiscal years related to writing down the value of its Gillette business and the restructuring of certain markets. The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec. 31 on its Gillette business, which it acquired in 2005. The charges will be between $1 billion and $1.5 billion after tax, P&G said.