Why is toilet paper running out? Port strike prompts panic-buying, supply chain concerns [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
describes panic-buying as "a state of erratic human behavior that can occur when an individual believes there's a real or perceived shortage of basic supplies upon which they rely." This can prompt people to overspend, stockpile and even hoard supplies such as toilet paper. This was responsible for the chaos in stores nationwide during the COVID-19 pandemic. Fortunately, this new era of panic-buying is nowhere near the level of pandemonium seen a few years ago. In fact, those engaging in panic-buying today have little reason to do so. Why is toilet paper running out? Here's why people are buying toilet paper On Tuesday, 45,000 union workers went on strike when negotiations for a new contract broke down, shutting down 36 East and Gulf Coast ports. It was the first International Longshoremen's Association (ILA) strike since 1977. Anticipating supply chain issues, consumers began stocking up on items like toilet paper and paper towels. But this group may be stocking up on the
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- Toilet paper not expected to see direct impacts from port strike: 'People need to calm down' [USA TODAY]USA TODAY
- Is toilet paper affected by port strike? What Arizona shoppers must know before panic buying [USA TODAY]USA TODAY
- HORNBLOWER GROUP NAMES MICHELLE MASON CHIEF PEOPLE OFFICER [Yahoo! Finance]Yahoo! Finance
- Toilet Paper Panic Buying Returns Amid Dockworkers' Strike [Yahoo! Finance]Yahoo! Finance
- Valdera Secures $15 Million to Help Manufacturers Make the Next Generation of Products - Faster, Safer, and More Sustainably Than Ever BeforePR Web
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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