Consumer Giants Signal Spending Slowdown
s CFO reported a "significant" drop in U.S. category sales, pushing **PG** stock to a two-year low.
2. **The trend is sector-wide**, with firms like **Campbell's (CPB)** also experiencing lower sales volumes despite price increases.
3. **Companies are responding with cost-cutting**, including P&G's plan to reduce its workforce, while still committing to large shareholder returns.