Why Procter & Gamble Is Cautious About 2021

Why Procter & Gamble Is Cautious About 2021

Investors liked what they heard from Procter & Gamble (NYSE: PG) last week as the company closed out its best fiscal year in over a decade. Sales gains beat management's target for the fourth consecutive quarter, and cash flow and profitability each ticked higher. CEO David Taylor and his team broke down the factors behind their updated outlook in a conference call with investors, and below are a few highlights from that presentation.