NEW YORK, March 27, 2023--With the start of the 2023 Major League Baseball season, Gillette (NYSE: PG), the world’s leading expert in men’s grooming, announced today a multi-year partnership, becoming the official men’s grooming partner of the New York Yankees. This is the first time the New York Yankees have had a partner with this designation.
Discount retail giant Target (NYSE: TGT) and consumer goods manufacturer Procter & Gamble (NYSE: PG) are in an exclusive club when it comes to dividends: They have outperformed most of their peers by stringing together a long track record of steadily rising payouts, even through prior market downturns. In late February, Target announced that comparable-store sales rose 1% in the most recent quarter, after jumping 9% a year earlier. Likewise, Procter & Gamble grew organic sales by a healthy 5% year over year in the most recent quarter, thanks to solid demand for consumer staples like laundry care products.
Home Depot and Procter & Gamble face challenges, but one's valuation makes it the better investment.