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blockonomi.com Procter & Gamble (PG) Stock: Company Beats Q1 Earnings on Beauty Product Demand

TLDR P&G beat first-quarter earnings estimates with $1.99 per share, 9 cents above expectations, driven by strong beauty and hair-care product sales. The company cut its annual tariff cost estimate in half to $400 million after tax, down from $800 million, mainly due to Canada lifting retaliatory duties on U.S. goods. Operating margins dropped 50 [...] The post Procter & Gamble (PG) Stock: Company Beats Q1 Earnings on Beauty Product Demand appeared first on Blockonomi.