Get Quote: PG
Financials: Latest Results
Rank: 20 (Previous rank: 23)
Compare tool: Procter & Gamble vs. Top 10 CEO: Alan G. Lafley Address: 1 Procter & Gamble Plaza Cincinnati, OH 45202 Phone: 513-983-1100 Website: www.pg.com Procter & Gamble started out 2008 with a bang: It sold off its Folgers brand, put through price increases and moved more aggressively into upscale beauty treatments when it bought hair-care brand Frederic Fekkai.
But as the economy ran out of steam, so did P&G. After a profitable fiscal year that ended in June, the company cut estimates as quarterly sales dropped. P&G is now heavily promoting value, but CEO A.G. Lafley says he's holding the fort on those price hikes. Will they stick? - J.R. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Household and Personal Products
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