Procter & Gamble's latest results didn't meet market expectations, but the firm pushed back on suggestions consumer spending is weakening as some analysts suggest, instead pointing to ongoing headwinds it expected to dissipate by now.
Flat net sales for its fiscal year 2024 fourth quarter at $20.5bn, or up 2% on an organic measure – excluding the impact of foreign exchange and acquisitions/divestitures) – were lower than consensus estimates of $20.73bn
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