Still, P&G argues argues that divestitures aside, what's really hurt its sales performance isn't that management that doesn't know how to grow, but
headwind of the strong dollar.
Not exact matches
«Despite the
strong dollar headwinds in the second half
of the year, premium American spirits are finding new audiences globally, in both traditional and emerging markets,» said Christine LoCascio, the council's senior vice-president for international trade.
While a
stronger dollar provides less
of a
headwind for small - cap companies, the
dollar has been strengthening in the context
of pending Federal Reserve (Fed) tightening and less benign credit markets.
Many investors assumed that a
strong dollar would provide more
of headwind for large - cap companies, allowing small caps to outperform this year.
Analysts earlier this year were expecting the earnings
headwinds of falling oil prices and a
stronger U.S.
dollar to diminish, driving better earnings - per - share growth in the U.S. by the end
of 2016.
While low rates and sluggish wage growth have allowed profit margins to remain at record levels, large U.S. companies continue to struggle with the competitive
headwind caused by a
stronger dollar, which has hurt revenues and estimates
of third quarter earnings.