Investors Should Heed This Consumer Giant's Warning

·4 min read
Investors Should Heed This Consumer Giant's Warning

Consumer staples bellwether Procter & Gamble (NYSE: PG) has been performing well despite the impact of heightened inflation. In Procter & Gamble's fiscal fourth quarter, it posted organic sales growth of 7%. Essentially, P&G's costs are going up, so it is charging more for its products, which is par for the course in the consumer staples space during periods like this.