P&G's Price Hike Panic What's Happening to My Beloved Bounty?!

Uh Oh Is This 'Quantico' Season 4?!

Okay people PC here! So P&G you know the folks behind everything from Tide to Charmin just dropped some news that's got me feeling like I'm back in 'Quantico,' trying to decipher a secret code. Apparently sales are down and they're whispering about raising prices. Raise prices?! On my Charmin?! Is nothing sacred?!

Tariffs and Tiaras Don't Mix

According to reports the 'T' word – Tariffs – is the culprit. Apparently President Trump's tariffs will likely raise some of its costs. These tariffs like uninvited guests at a Bollywood wedding are making everything more complicated. P&G is trying to find ways around it but it sounds like price hikes are on the horizon. My advice? Stock up on your favorites now. Before they cost more than a Birkin bag!

The Numbers Game (and It's Not My Birthday)

Let's break down the numbers shall we? Earnings per share were $1.54 (yay!) but revenue was a bit of a letdown at $19.78 billion (boo!). Net sales dropped 2%. Even organic sales only rose 1%. The biggest shocker? Volume fell by 1%. Apparently consumers are holding back waiting to see what happens next. It’s like everyone’s suddenly developed a 'wait and see' attitude which is very unlike my own 'seize the day' motto!

Pampers in Peril (and Other Product Problems)

The baby feminine and family care division took the biggest hit. That means Pampers diapers and Bounty paper towels are seeing less action. I mean come on people! Babies aren't going to stop needing diapers are they? And who doesn’t love a good Bounty paper towel for those inevitable spills? Even my amazing Olay skincare line is facing flat volume sales! What is happening?! Where is the love for glowing skin?!

China Crisis

And it’s not just here in the good ol' US of A. Sales are down in China too! Which means they are facing trade wars. It's like a Bollywood drama but with actual money on the line. P&G's grooming business which includes Gillette and Venus razors was the only segment to report growth. So at least someone's having a good hair day right?

The Future Looks...Less Glamorous?

All this means P&G is cutting its sales growth forecast for the year. Core earnings per share are also getting a trim. But hey at least net income is up a little! So what’s the takeaway? Well hold on to your wallets folks. We might be paying a little more for our everyday essentials soon. And remember through thick and thin PC will always keep it real with you... even when the news isn't exactly 'red carpet' material!