P&G cuts outlook as consumers pull back amid tariffs

P&G, whose brands include Tide detergent and Crest toothpaste, now sees flat sales for its current fiscal year after previously projecting growth of as much as four percent. Executives also signaled likely price increases due to tariffs after trimming the full-year profit increase to a range of six to eight percent per share from the prior 10-12 percent range. The company has seen a negative shift in consumption in recent weeks in both the United States and Europe compared with the prior 12 months...