COVID-19 Impact on The Procter and Gamble Co, 2022 Update

COVID-19 Impact on The Procter and Gamble Co, 2022 Update

Summary

COVID-19 Impact on The Procter & Gamble Co, 2022 Update, reports key findings as of 15th June, 2022 based on market analysis and brand diversification by industry and geography.

P&G’s strategy of constructively navigating the disruption has resulted in favorable developments: optimizing its supply chain activities with the launch of a new platform for minimum order quantities (MOQ) to save costs; continued investing in marketing to increase brand awareness; and launching new products (such as Tide Hygienic Clean Power) in line with the latest consumer trends.

Scope

• P&G’s sales in the US are likely to be impacted by high inflation, low consumer spending power and import dependence on Russia and Ukraine.
• In the latest quarterly results (2022 Q3) , the company recorded a sales increase of 7% compared to 2021 Q3.
• P&G with its strong brand portfolio and global presence is expected to grow in the coming quarters.

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