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Procter & Gamble (NYSE:PG) Chief Financial Officer Jon Mueller informs an earnings conference call audience that the company is using promotional activity with blades and razors, which are two categories with typically lucrative margins, to maintain market share. Mueller also commented that P&G will walk back its price rise on powder detergents after seeing sales slide.
Ford Motor Company (NYSE:F) executives say that it might follow General Motors and Volkswagen on the road into the Chinese hinterland in order to secure new growth. This strategy change might include launching a broader array of vehicles that includes lower-priced models.
Restaurant industry analysts wonder if the domestic sales of Burger King Worldwide Inc. (BKW), McDonald’s Corporation (NYSE:MCD) and The Wendys Company (NYSE:WEN) could be impacted by the ongoing drama surrounding Chick-fil-A locations, following that the executive’s unsolicited injection of his company into the debate regarding same-sex marriage. Stores are clogged, inside and out, in the parking areas and adjacent streets by activists from both sides, and ‘regular’ customers are put out by the whole thing. The furor is only a few days old, and observers wonder what might happen next.
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