Prices Will Surge On These Products Categories In Fall: What You Need To Know (ibtimes.com) – By Dawn Geske (IB Times) / April 20 2021
Procter & Gamble (PG) joins the growing ranks of companies to announce they are raising prices in the coming months.
The consumer goods conglomerate made the announcement Tuesday as it gave its third-quarter 2021 earnings report. The company reported net sales of $18.1 billion, up 5% compared to a year earlier.
In a conference call to analysts, Procter & Gamble said it will increase prices on some products come fall, CNBC reported.
While the company did not indicate exactly which brands would likely see the price hike, it did say that increases would occur across its baby care, feminine care, and adult incontinence products in the U.S., the news outlet said.
Procter & Gamble produces brands such as Tide laundry detergent, Charmin toilet paper, and Pampers diapers.
CONTINUE > https://www.ibtimes.com/prices-will-surge-these-products-categories-fall-what-you-need-know-3184346
