Time To Stock Up On These Items - Price Increase Coming

1 year ago
20

In this video, I'll discuss how prices on certain items are guaranteed to go up. Watch Time To Stock Up On These Items - Price Increase Coming - Learn which household brands you buy will be increasing in price.

▶ VIDEO NOTES

Procter & Gamble's revenue and profit fall as the company looks to higher prices to offset declining sales.

All of the company’s divisions reported declining sales volume in the quarter, despite seeing increases in organic sales as a result of higher pricing. Its grooming division, which houses brands like Gillette and The Art of Shaving, and which has historically underperformed for the company, reported no sales growth.

P&G is doubling down on its price-hiking strategy even as shrinking consumer demand continues to erode sales volume. Schulten said consumers have reacted to price hikes “generally better than expected,”, especially in nondiscretionary categories like feminine care and cleaning supplies.

“Consumers don’t stop washing their hands or doing their laundry,” Schulten said.

Click here - https://www.cnbc.com/2023/01/19/procter-gamble-pg-earnings-q2-2023.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Procter & Gamble - https://us.pg.com/brands/

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#costofliving #economiccollapse #inflation

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