P&G Still Merits a Spot on Shopping Lists

The market has long been reluctant to buy into Procter & Gamble's PG ability to sustainably reignite its top-line performance, and as such, the shares have languished. Peltz suggested that P&G's organizational structure, corporate governance, and recent financial performance lagged peers and that more must be done to accelerate the pace of change at the leading household and personal-care company. This stood to not only aid its sales growth trajectory but also support the brand intangible asset that underlies its wide economic moat.