Procter & Gamble Aims to Grow Market Share of Largest Brands -- Market Talk

Dow Jones04:17

1517 ET - Procter & Gamble CFO Andre Schulten says at the company's investor day that it has ample room to grow in North America. The company is aiming to grow the market share of its largest brands: Tide, which is currently in about 40% of U.S. households; Bounty, present in roughly one-third of households; and Cascade, which can be found in fewer than one-third of homes. Increasing these brands' respective market shares will contribute to the company's long-term growth outlook, which includes organic sales growth ahead of the market, and per-share earnings growth in the mid-to-high single digits. (connor.hart@wsj.com)

 

(END) Dow Jones Newswires

November 21, 2024 15:17 ET (20:17 GMT)

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