P&G CFO Says Co Saw Stock-Up Situation As A Quick Run Up Due To The Port Strike Which Didn't Really Have A Material Impact On This Quarter; The Stock-Up Situation Due To Port Strikes Was Very Short-Lived
Portfolio Pulse from Benzinga Newsdesk
P&G's CFO reported that the company experienced a brief stock-up situation due to a port strike, which did not materially impact the quarter's results.
October 18, 2024 | 1:20 pm
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P&G's CFO indicated that a stock-up situation from a port strike was short-lived and did not materially affect the quarter's financial results.
The CFO's statement suggests that while there was a temporary increase in stock due to port strikes, it did not significantly affect the company's financial performance for the quarter. This indicates stability in P&G's operations despite external disruptions.
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