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Stock impact report

Why Were Dividend King Stocks Coca-Cola, PepsiCo, and Procter & Gamble Falling After the Election? [Yahoo! Finance]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Here's why Coca-Cola (NYSE: KO) PepsiCo (NASDAQ: PEP) , and Procter & Gamble (NYSE: PG) are sitting on the sidelines but are three dividend stocks that could still be worth buying now. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The consumer staples sector is having a great year, buoyed by top names like Walmart and Costco Wholesale , which have both crushed the S&P 500 and Nasdaq Composite year to date. Coke and P&G also hit all-time highs earlier this year , but began cooling in late September. As you can see in the following chart, Coke, Pepsi, and P&G are down over the last three months, while the S&P 500 has soared 12.7%. So even before the election results came in, all three companies were pulling back from their highs. The simplest reason: earnings weren't great. Despite being on track for record profits in 2024, Coke's unit case volumes declined in the recent quarter. Coke had been keeping case volume g Show less Read more
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