Thursday, January 19, 2023

P&G Takes a Hit. Recession!!

Procter & Gamble is pretty much the gold standard of consumer disposable goods.  Shaving, deodorant, sanitary napkins, soaps, snack foods, diapers, and lots of other goodies.  They occupy a very large percentage of your grocery-store shelving.

The poor dears only sold $20.77 billion last year--which was less than their '21 sales.  That's a giant bowl of Not Good for the Bai-Den bunch, as P&G actually raised prices and still couldn't increase the top line.

IOW (as we saw yesterday) people are buying less shaving, deodorant, sanitary napkins, soaps, diapers, and snack foods.

And when you're cutting back on the basics, things are bad.

2 comments:

  1. P&G at Davos

    https://www.gettyimages.ae/detail/news-photo/from-left-to-right-david-taylor-chief-executive-officer-of-news-photo/1086297512

    ReplyDelete
  2. P & G owns Tampax and are using the brand to push perversion

    Tampax Gives in to #Woke Culture – Pays ‘Non-Binary’ (Guy) To Promote Its Products

    https://granitegrok.com/blog/2023/01/tampax-gives-in-to-woke-culture-pays-non-binary-guy-to-promote-its-products


    or

    ANOTHER 'Transgender' Biological Male Offered Lucrative Tampon Endorsement Deal

    https://pjmedia.com/culture/benbartee/2023/01/17/another-transgender-biological-male-offered-lucrative-tampon-endorsement-deal-n1662604

    ReplyDelete