CLAIM #48949 · Procter & Gamble Company (PG) · 2023Q3 earnings call · Apr 21, 2023 · due Sep 30, 2023
“That'll be remediated here fairly quickly.”
Jon Moeller · CEO
In context
“n. We'll continue to invest in product packaging innovation. We're increasing, as Jon said, communication frequency and reach where we see a good payout and return. Continue to work with our retail partners to ensure that the presentation of our brands online and in-store is as good as it can be. Last element I would call out is we are stable in terms of supply and on-shelf availability, which is also helping our overall position in the market. So, stable, I think is the characterization, but we're watching carefully. Jon Moeller: And just one additional point, the 6% top-line organic sales growth that the team delivered in the quarter, and as Andre said, sales share -- value share growth and volume share growth, we still have a couple of categories where we are not supplying full demand. That'll be remediated here fairly quickly. But as you as you consider the strength of the U.S. consumer, if you look at those key measures, and realize that there -- while there are both opportunities and risks within the number, there are opportunities as well as risks, which continue to point to a relatively healthy U.S. consumption pattern. Operator: The next question comes from Peter Grom of UBS. Please go ahead. Peter Grom: Thanks, operator, and good morning, everyone. So, I wanted to ask about the changes in the commodity and freight outlook. Second straight quarter that these headwinds have moved lower, which is nice to see. Can you maybe just give a sense what you're seeing within that bucket? Where are costs moving lower? Where are costs still sticky? And while I don't expect you to comment on '24 at this point, but maybe”
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SEC filings for PG ↗ · Claim quote is verbatim from the 2023Q3 earnings call.