P&G has had challenges in its U.S. business, as upstarts eat into its market share and retailers squeeze it on price.
Activist investor Nelson Peltz got a seat on the P&G board in March.
Peltz told members of the media in June the reorganization he has been pushing for is under "very serious consideration,"

Procter & Gamble reported quarterly earnings that topped analysts’ expectations on Tuesday, though fell short on sales.

The revenue miss is likely to do little to allay investors concerns regarding continued shrinking market share amid increased competition from private label brands and upstart companies. The maker of everyday household goods like Pantene hair products, Crest toothpaste and Charmin toilet paper reported net sales of $16.5 billion, less than the $16.54 billion anticipated by Wall Street analysts.

It reported organic sales growth, which strips out the impact of currency and other adjustments, of 1 percent, less than the 2.3 percent anticipated by analysts.

Here’s how the company did compared with what Wall Street expected:

Adjusted earnings: 94 cents per share vs. 90 cents per share forecast by Thomson Reuters
Revenue: $16.50 billion vs. $16.54 billion forecast by Thomson Reuters

Sourced through Scoop.it from: www.cnbc.com