After 10% Increase In 6 Months, Procter & Gamble Inventory Jogging Out Of Juice?

Procter & Gamble inventory (NYSE: PG) has observed an extraordinary rise of 10% about the last six months and currently trades at $141 per share. The sharp rally was driven by a recovery in elegance and cosmetics need, put together with a ongoing increase in need for dwelling treatment products and solutions. This is apparent from Procter & Gamble’s whole-year 2021 earnings, where by earnings came in at $76.1 billion, up from $71 billion in FY 2020. Running margins, too, rose from 22.1% to 23.7% about this time period, as the business managed to regulate expenses. This assisted EPS rise to $5.69 in FY 2021 from $5.13 in FY 2020.

So, soon after the the latest rally will PG inventory continue on its

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