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CLAIM #48823 · Procter & Gamble Company (PG) · 2022Q3 earnings call · Apr 20, 2022 · due Dec 31, 2022

So, you should expect sequential progress. I won't give you a specific timeline.

Andre Schulten · CFO

PENDING
graded after results covering Dec 31, 2022 are reported

In context

see these relatively benign elasticities at this point in time. So you continue to see us invest in innovation. With innovation, we will try to take pricing at a very granular level by market, by brand. A lot of the price increases that we have announced are yet to flow through. So you will see an incremental contribution to the top line and to gross margin recovery over the future. The other price increase is already announced, and we will have to carefully evaluate more opportunities to take pricing. It will take time to recover the full dollar impact. And as we said before, it's more important to us to support the business model, support innovation, support superiority, execute pricing in the right way and recover gross margin and cost impact over time versus rushing to do this faster. So, you should expect sequential progress. I won't give you a specific timeline. We will continue to use all three, productivity, innovation and pricing. Operator: Your next question will come from the line of Dara Mohsenian with Morgan Stanley. Dara Mohsenian: Good morning. I was hoping to get a bit more detail on China. How much of the decline in the quarter do you think was specifically related to lockdowns and maybe the comp versus last year? And can you give us a bit more granularity on some of the performance by product category there? And any thoughts on China going forward with the continued lockdowns in April, and how the business is positioned going forward? Thanks. Andre Schulten: Yes. Thanks, Dara. Good morning. Look, China, the lockdowns had two impacts in China for us. One, on the supply side, we have two plants in the Shanghai area and the contract manu

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SEC filings for PG · Claim quote is verbatim from the 2022Q3 earnings call.