Procter & Gamble lowers Q3 EPS view to 90c-96c from 91c-97c The Company adjusted its March quarter core EPS guidance to a range of $0.90 to $0.96 from a prior range of $0.91 to $0.97 to reflect a $0.01 per share operating impact on core earnings. Consensus is 96c.
Procter & Gamble: There is no doubt we are in a stretch of global volatility The company said there is a high amount of volatility both politically and economically. The company said it is "trying its best" and that they're "on it."
Procter & Gamble sees significant savings opportunities The company plans to create a new P&G over the next 18-24 months that will consist of 70-80 brands organized in a dozen businesses. The company plans to reduce waste, and to have a North Aerican supply chain redesign that will see fewer, multi-category plants and more common manufacturing platforms. Comments taken from P&G Annual Meeting of Shareholders.