Research
PG Q3 Beats: Sales +7%, Tariff Headwind Cleared
Procter & Gamble's fiscal Q3 results met Wall Street expectations, clearing tariff and margin fears that drove the March selloff. The stock is positioned for a 1-2% tactical move as the downside case is removed, but muted peer response signals limited sector read-through. The trade is a 30-day long in PG, fading if Q4 fails to show margin expansion or if broader market volatility exceeds 5%.