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Procter and Gamble exceeds expectations with strong second quarter results
Procter & Gamble reported net sales of USD 21.9 billion for Q2 of the 2024/25 financial year, surpassing expectations and reflecting a 2% year-over-year increase. The net profit reached USD 4.7 billion, exceeding analyst forecasts, while adjusted net profit rose by 34.3%. The company maintains a sales growth forecast of 2% to 4% for the 2025 financial year.
Beiersdorf shares show resilience amid market challenges and positive growth prospects
Beiersdorf AG, known for brands like Nivea and Eucerin, has shown resilience in the stock market, with shares recently increasing by 0.28% and 0.77%. Analysts remain optimistic, with target prices around €150, following the approval of its anti-pigment ingredient thiamidol for sale in China, enhancing growth prospects in a key market.
Walmart exceeds Q3 sales and profit expectations raising 2025 forecasts
Walmart exceeded Q3 sales expectations with $169.6 billion, a 5.5% increase year-over-year, and earnings per share rose 13.7% to $0.58. The company also raised its 2025 financial forecast, now expecting EPS between $2.42 and $2.47, and sales growth of 4.8% to 5.1%. Following the announcement, shares rose over 3%.
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