Here’s Why Procter & Gamble Just Wrote Down a Business It Bought From Warren Buffett

Earlier this week, consumer staples giant Procter & Gamble (PG 2.30%) reported its second fiscal-quarter results. While global volumes declined 1%, revenue increased 4% as P&G has been impressively increasing prices, demonstrating the value of its higher-end household products. Perhaps more impressively, P&G’s cost control and operating leverage allowed its currency-neutral core earnings per share (EPS) to rise by a much higher rate of 18%.
That is, of course, except for one item that…
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Source: https://www.fool.com/investing/2024/01/26/procter-gamble-just-wrote-down-a-buffett-business/

India’s consumption landscape: Consumers acquire a taste for premium as mass market lags

Mumbai: Hindustan Unilever and United Spirits together present a study in contrasts that seemingly reinforces the current purchasing trends in India’s consumption sector. At the country’s biggest consumer-goods and alco-bev companies, respectively, premium brands are flying off the shelves, but mass-priced products remain relative stragglers.”At the premium and luxury ends, they (consumers) are continuing to spend, continuing to experiment, continuing to do repertoire drinking, especially…
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Source: https://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-consumption-landscape-consumers-acquire-a-taste-for-premium-as-mass-market-lags/articleshow/107158165.cms?from=mdr

Colgate-Palmolive earnings beat by $0.02, revenue topped estimates By Investing.com

© Reuters. Colgate-Palmolive earnings beat by $0.02, revenue topped estimates

Investing.com – Colgate-Palmolive (NYSE: ) reported fourth quarter EPS of $0.87, $0.02 better than the analyst estimate of $0.85. Revenue for the quarter came in at $4.95B versus the consensus estimate of $4.89B.

Colgate-Palmolive’s stock price closed at $81.19. It is up 9.89% in the last 3 months and up 13.41% in the last 12 months.
Colgate-Palmolive saw 6 positive EPS revisions and 8 negative EPS…
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Source: https://au.investing.com/news/stock-market-news/colgatepalmolive-earnings-beat-by-002-revenue-topped-estimates-3097053

Sugar Free Caramel Market SWOT Analysis by Key Players: Nestle,

Sugar Free Caramel MarketThe latest study released on the Global Sugar Free Caramel Market by HTF MI evaluates market size, trend, and forecast to 2030. The Sugar Free Caramel market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges…
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Source: https://www.openpr.com/amp/3363581/sugar-free-caramel-market-swot-analysis-by-key-players-nestle

Colgate plays American on 4-game win streak

Colgate Raiders (12-8, 6-1 Patriot League) at American Eagles (11-9, 5-2 Patriot League)Washington; Saturday, 4 p.m. ESTBOTTOM LINE: Colgate will look to keep its four-game win streak alive when the Raiders take on American.The Eagles are 7-1 on their home court. American is 2-6 against opponents over .500.The Raiders have gone 6-1 against Patriot League opponents. Colgate ranks fourth in the Patriot League with 8.2 offensive rebounds per game led by Keegan Records averaging 2.7.American…
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Source: https://www.washingtonpost.com/sports/colleges/2024/01/26/colgate-american-preview/bd72d4e0-bc27-11ee-b176-fe5fd794e716_story.html

Tom Booton & Jupiter Humphrey-Bishop join Nestlé Professional Toque d’Or judging panel

Nestlé Professional has revealed Tom Booton, executive chef of The Grill by Tom Booton (At The Dorchester), and Jupiter Humphrey-Bishop, winner of the 2023 Gold Service Scholarship and footman at The Royal Household, as the latest judges for Toque d’Or 2024.

In 2019, at the age of 26, Tom became the youngest chef to head up the kitchen at The Grill having previously worked at restaurants including Le Talbooth in Essex, the…
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Source: https://craftguildofchefs.org/news/tom-booton-jupiter-humphrey-bishop-join-nestle-professional-toque-dor-judging-panel