Procter & Gamble Earnings And The Inevitable Regime Change
January 19, 2022 at 15:24 PM EST
Wednesday morning, Procter & Gamble reported Q4'21 earnings. And PG – like all other companies – has a problem: Inflation. In its Q4'21 report, PG’s Gross Profit actually declined marginally. Its Gross Margin was down 400 basis points to 49.1%.
