Procter & Gamble Comes Back Swinging
In today's edition, Fool analysts Andrew Tonner and Austin Smith look at Procter & Gamble's impressive earnings beat. The consumer goods mega-company has come under fire for weak performance the last few years, but now appears to be on CEO Bob McDonald's path to reinvention. The company beat on price increases and internal cost-cutting, not necessarily on aggressive volume growth. Austin and Andrew think P&G did a great job here, but still has some work to do as well.
One notable area for improvement is international growth. Procter & Gamble has lost ground to Unilever and other consumer goods companies internationally, and will need to claw back into a strong position to truly grow at a meaningful level in the future.
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The article Procter & Gamble Comes Back Swinging originally appeared on Fool.com.Austin Smith owns shares of Unilever. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Procter & Gamble and Unilever. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.