8 Best Consumer Staples Stocks To Buy Right Now

6. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Investors: 64

The Procter & Gamble Company (NYSE:PG) is one of the world’s largest and most well-known consumer goods companies, with a portfolio that includes iconic brands such as Tide, Pampers, and Gillette. The Procter & Gamble Company (NYSE:PG) operates in multiple sectors including beauty, health, fabric, and home care. The Procter & Gamble Company (NYSE:PG) is known for its innovative products and invests heavily in research and development.

For the quarter that ended September 30, The Procter & Gamble Company’s  (NYSE:PG) organic sales increased by 2%, compared against a strong base period of 7% growth. Notably, eight out of ten product categories either grew or maintained their organic sales during this period, reflecting solid market performance. In terms of regional growth, focus markets saw a 2% increase, with North America leading the way at 4% and Europe’s markets rising by 3%. Enterprise markets also contributed, posting a 1% growth for the quarter. Additionally, 28 of the top 50 category/country combinations either held or expanded their market share. The company’s Core earnings per share (EPS) experienced a 5% increase compared to the previous year, and on a currency-neutral basis, core EPS grew by 4%. The company’s adjusted free cash flow productivity stood at a robust 82%.

Looking ahead, The Procter & Gamble Company (NYSE:PG) reaffirmed its guidance for fiscal 2025, projecting all-in sales growth between 2% and 4% compared to the previous year. The company also maintained its outlook for organic sales growth, anticipating an increase in the range of 3% to 5%.

The Procter & Gamble Company (NYSE:PG) expects diluted net earnings per share (EPS) growth to be between 10% and 12%, compared to fiscal 2024’s diluted net EPS of $6.02. Additionally, the company continues to forecast core EPS growth of 5% to 7%, based on fiscal 2024’s core EPS of $6.59. The Procter & Gamble Company’s  (NYSE:PG) consistent earnings and strong dividend outlook make it a compelling investment opportunity for long-term and income-focused investors.