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CLAIM #48829 · Procter & Gamble Company (PG) · 2022Q3 earnings call · Apr 20, 2022 · due Oct 20, 2022

Those investments will take hold over the next two years. But we expect to be in a better situation over the next, call it, three to six months, specifically in the US moving out of managed supply.

Andre Schulten · CFO

PENDING
graded after results covering Oct 20, 2022 are reported

In context

p with truck availability in the U.S., for example, is difficult. So it's across all aspects of the supply chain. We are making progress. Our on-shelf availability continues to be stable at around 93%, 94% even as we grow at these levels that we are happy to report we're growing at in Q3 and fiscal year-to-date. We have more and more categories coming off managed supply in the US over the next two months. So we are carefully working with our retail partners to ensure that we do this in the right way to ensure best service and best on-shelf availability with our retail partners. And we're making progress. Heavy -- the most investment in terms of capacity will be in our North America and European markets to ensure that we have sufficient capacity to keep up with increased demand we've seen. Those investments will take hold over the next two years. But we expect to be in a better situation over the next, call it, three to six months, specifically in the US moving out of managed supply. There is no -- to your second part of the question on pricing, I -- there is no formula-based approach to pricing in any of these categories. So we're carefully watching number one, consumer behavior and the strength of our superiority relative to the market. We are looking at the cost pressures and cost headwinds that we are seeing. And you will have noticed that in our paper categories in Fem Care, in Baby Care, in Family Care and in our Fabric & Home Care categories, that's where we see the biggest impact from commodity cost increases, transportation warehouse, but also foreign exchange impacts. So the impacts are bigger. There is superiority, and then it becomes a matter of, do we have the right innovation available, or do we feel that it is right at this point in time to recover via

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