Procter & Gamble Will ‘Likely’ Raise Prices on Some Products by July

Shares of the consumer goods titan declined nearly 4 percent during the April 24 trading session.
Procter & Gamble Will ‘Likely’ Raise Prices on Some Products by July
Procter & Gamble-brand Pampers diapers in a shopping cart at a grocery store in Chicago. Tim Boyle/Getty Images
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Pampers and Tide maker Procter & Gamble (P&G) plans to raise prices on some products in the next fiscal year to offset tariff-related effects.

The consumer goods giant released a mixed third-quarter earnings report on April 24. Revenue fell 2 percent to $19.78 billion, coming in below analysts’ estimates of $20.11 billion. The Cincinnati-based company reported earnings per share of $1.54, slightly above the $1.53 forecast.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."