Procter & Gamble's chairman and CEO tells CNBC the U.S. consumer 'remains strong,' after the company reported fiscal fourth-quarter earnings that beat Wall Street expectations.
Procter & Gamble Chairman and CEO David Taylor tells CNBC on Tuesday that the U.S. consumer "remains strong" amid the U.S. trade war with China.
"We're doing everything we can with the innovation that we bring to continue to accelerate growth in the categories," Taylor said in an interview with " . Despite the company reporting an $8 billion write-down of its shaving business, shares have climbed about 44% over the past year and hit an all-time high on Tuesday.
P&G, a global company that makes everyday household goods, including Tide detergent and Crest toothpaste, relies on China to manufacture and package some of its brands.
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