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CLAIM #49085 · Procter & Gamble Company (PG) · 2024Q3 earnings call · Apr 19, 2024 · due Jun 30, 2025

The only thing I'd point to is we are planning on significant productivity to continue in the marketing spend area. So that in and of itself would be somewhere between $400 million and $500 million of productivity in the space.

Andre Schulten · CFO

PENDING
graded after results covering Jun 30, 2025 are reported

In context

ld in the breadth of the communication, the reach and frequency that we use. So I think all of that is pointing in the right direction. As I mentioned, I think the order behavior might lag, so we might see improvement in consumption before we see improvement in shipment. So that's why I was cautioning that while we see consumer sentiment improving, that first has to translate in increased consumption, and that then has to translate into increased orders and shipment, and that will take some time. So the team is doing the right work, and I'm glad they're actually doing it in a very balanced way to ensure that we're rebuilding this brand for the long-term. In terms of spending, I think this will really be done business by business, geography by geography, so it's hard to give you an answer. The only thing I'd point to is we are planning on significant productivity to continue in the marketing spend area. So that in and of itself would be somewhere between $400 million and $500 million of productivity in the space. That is always up for discussion. Do you reinvest or do you flow it through. And it will really depend on the level of innovation we are able to drive. More innovation means more spend and hopefully better return. And I'll leave it at that in terms of the ROI. I think I've answered the question before. It's there in the aggregate discipline of the categories, but I wouldn't want to go into more detail. I think it's really down to the category country combinations at which we measure it, and at which those decisions are made. Operator: Today's final question comes from Brett Cooper with Consumer Edge Research. Brett Cooper: And I wanted to follow on Nik's question. Over the last few quarters, some of your peers, your competitors have talked about elevating their rates of growth. You touche

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SEC filings for PG · Claim quote is verbatim from the 2024Q3 earnings call.