Cincinnati, Ohio-based The Procter & Gamble Company (PG) is a leading global consumer goods company that develops, manufactures, and markets branded household and personal care products. Operating in about 180 countries, its portfolio includes fabric, home, baby, feminine, grooming, hair, skin, oral, and personal healthcare brands. The company has a market capitalization of approximately $336.5 billion.
Shares of this consumer goods giant have significantly underperformed the broader market over the past year. PG has declined 3.8% during this period, while the broader S&P 500 Index ($SPX) has rallied nearly 21.8%. Likewise, the stock has lagged on a year-to-date basis, rising 1.2% compared with the index's 11% gain over the same period.
