London Stock Exchange

Procter & Gamble Posts Surprise Sales Drop In Fourth Quarter

Procter & Gamble posted a surprise drop in Q4 sales on Tuesday as demand for its products slowed despite efforts to keep prices in check.

Colgate-Palmolive raised its forecasts for annual profit and organic sales after beating second-quarter estimates on resilient demand.

Keurig Dr Pepper reported a rise in second-quarter revenue and profit buoyed by higher prices and strong demand.

Coca-Cola raised its annual organic sales and profit forecast on Tuesday, signalling strong demand for the company’s products.

Kleenex tissue maker Kimberly-Clark raised its forecast for full-year profit on Tuesday after beating Wall Street estimates for Q2 profit.

Lindt posted first-half organic sales of 2.16 billion Swiss francs, in line with expectations, and announced a share buyback programme.

Hygiene product maker Essity reported second-quarter core profit above expectations on lower costs and price discipline.

PepsiCo missed expectations for second-quarter revenue on Thursday as it faced weak demand for its snacks and sodas, mainly in the US.

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