P&G CEO Jon Moeller sees robust business conditions despite the ongoing economic slowdown.
“Strong core business. Very strong topline growth, organic sales up 7%, growth in ten out of ten categories in almost every market,” Moeller told Yahoo Finance Live (video above). “And we’re dealing with the significant headwinds from the combination of commodities, foreign exchange, transportation, and warehousing.”
Asked about price increases, Moeller said: “The consumer is resilient.”
Asked about his…
Source link