Procter & Gamble hiked prices — and then Pampers and Bounty sales dipped
Quartz Africa -

Shares of consumer goods giant Procter & Gamble (P&G) slipped during Friday morning trading, after price hikes on certain products kept the company from reaching revenue expectations in its fiscal third quarter. Procter & Gamble stock fell about 1% following the company’s most recent quarterly earnings report. The company hiked prices by an average of 3% in the third quarter, resulting in mixed results for different product categories. P&G’s biggest earner — baby, feminine and family care...

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