Toilet paper not expected to see direct impacts from port strike: 'People need to calm down' [USA TODAY]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: USA TODAY
Shoppers who have an urge to jolt out of their homes to buy dozens of rolls of toilet paper in response to the may want to hold off: they could be a part of the problem. When left their jobs on Tuesday due to negotiations for a new contract breaking down, it effectively shut down 36 East and Gulf Coast ports. These ports handled about half of all U.S. imports, and while an abrupt shutdown may trigger , bath tissue is not one of the products expected to be directly affected by the strike. More than 99% of tissue products used by Americans are produced in the U.S., according to . And nearly 90% of U.S. tissue manufacturers use recycled paper to make their products, per the , the trade group representing paper and wood manufacturers. The toilet paper discussion has prompted at least one grocery chain to issue a statement to tamp down on panic buying. "Our suppliers' paper products are made in the U.S. and not impacted by the current port strike," popular Southern store chain Pub
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- Why is toilet paper running out? Port strike prompts panic-buying, supply chain concerns [USA TODAY]USA TODAY
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- Toilet Paper Panic Buying Returns Amid Dockworkers' Strike [Yahoo! Finance]Yahoo! Finance
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Earnings
- 7/30/24 - Beat
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Sec Filings
- 10/4/24 - Form 4
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- PG's page on the SEC website