Procter & Gamble Co., an American consumer goods multinational with brands like Tide, Pantene, Gilette, Old Spice, and Oral B to its name, is the world’s largest consumer products maker.
Despite its reputation, P&G suffered at the hands of dollar exchange rates in Q2 fiscal 2015, falling 31% and 4% compared to the prior-year period in earnings and revenue respectively.
This situation, paired with P&G’s dramatic plans for strategic reform, has installed doubt within some analysts; consequently, the company’s share prices took a hit as the new year dawned.
P&G is, however, still strong: its business development moves (geared at building public and media presence, and ameliorating sales), experienced leadership, and the aforementioned controversial portfolio slim-down may reap benefits.
I Know First predicts a bullish forecast for P&G in the three-month time frame.
