P&G Raises All-In Sales Growth Guidance After Thorne Acquisition
Procter & Gamble raised its all-in sales growth guidance, citing its recent acquisition of health and supplement brand Thorne. The acquisition and organic growth lifted the stock Thursday.
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11:51:30 AM UTC
SquawkNews
CINCINNATI (dpa-AFX) - While reporting financial results for the first quarter of fiscal 2027 on Thursday, consumer goods giant Procter & Gamble Co. (PG) raised its all-in sales growth guidance for the full-year 2027, while maintaining its annual Earnings, core net earnings and organic sales growth…
Procter & Gamble shares rose Thursday, supported by a recent acquisition and solid organic growth. The consumer-goods company lifted its all-in sales growth guidance, citing its recent purchase of health and supplement brand Thorne. It also pointed to solid organic growth.