US Q1 Consumer Health Earnings Preview: Pivoting From Planning Changes To Parsing Results
Inflation's impact on consumer spending will be front and center in sector’s quarterly reports, beginning with J&J on 19 April. Potential impact also from price hikes common from most firms since early 2021 in response to increasing costs. Russia’s invasion of Ukraine also will prompt comment.
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With high consumer elasticity not expected to last, P&G adapted to price sensitivity by offering “price levers across brands,” says CFO Andre Schulten A strong cough/cold season drove 50% organic sales growth in personal health care products in North America.