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Holly LaFon
Holly LaFon
Articles (9180)  | Author's Website |

Yacktman Fund Comments on Procter & Gamble

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November 07, 2018 | About:
P&G (NYSE:PG)’s shares recovered solidly with a general rebound in the consumer staples sector. Even after the rebound, P&G and consumer staples have underperformed significantly this year due to greater competition and disruption in the sector. We recognize that the many consumer staples businesses face a more difficult future. However, we think select companies like P&G, PepsiCo, and Coca-Cola offer solid opportunities amidst the challenges. The situation is not dissimilar to our decade-long investment in Fox, which was a successful investment despite the recent headwinds faced by traditional cable content owners.

From Yacktman Asset Management (Trades, Portfolio)'s Yacktman Fund (Trades, Portfolio) third quarter 2018 shareholder letter.

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Holly LaFon
I'm a financial journalist with a master of science in journalism from Medill at Northwestern University.

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