Procter & Gamble (PG) Tops Q2 EPS by 1c, Revenues Beat; Lifts Sales Guidance

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Go back to Procter & Gamble (PG) Tops Q2 EPS by 1c, Revenues Beat; Lifts Sales Guidance

P&G Announces Fiscal Year 2023 Second Quarter Results

January 19, 2023 6:55 AM EST

Net Sales -1%; Organic Sales +5%;

Diluted EPS and Core EPS $1.59, each -4%

RAISES SALES GROWTH OUTLOOK

MAINTAINS FISCAL YEAR EPS GROWTH & CASH GUIDANCE RANGES

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2023 net sales of $20.8 billion, a decrease of one percent versus the prior year. Excluding the impacts of foreign exchange and acquisitions and divestitures, organic sales increased five percent. Diluted net earnings per share were $1.59, a decrease of... More