It's Tuesday, October 19th.

Welcome to Market Fuller.

I'm Chris Hill with me today, Austin Sharma.

Thanks for being here.

Thank you Chris.

Greetings.

Greetings.

We've got some big retail news to talk about.

We're going to start with some earnings and we'll go consumer products first.

First quarter profits in revenue came in higher than expected for proctor and gamble.

Shares are down a little bit.

They were down a little bit this morning.

They've sort of evened out because profits were a little bit lower than a year ago and

also costs are going up, which I guess when you think about everything that proctor and

gamble makes and sells, nobody should really be all that surprised.

I agree Chris.

That's really the big message here, organic sales were up a nice 4% not bad for consumer

goods, multinational conglomerate, net sales of 20.3 billion, just marking how huge

this company is.

But transportation issues, supply chain issues, very similar to other companies, as we've

gone about these last few months, these were a little bit of a thorn in the side of proctor

and gamble for this earnings period.

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