Procter & Gamble (PG) Tops Q2 EPS by 5c, Revenues Miss; Raises FY20 Sales Growth & EPS Growth Outlook

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Go back to Procter & Gamble (PG) Tops Q2 EPS by 5c, Revenues Miss; Raises FY20 Sales Growth & EPS Growth Outlook

P&G Announces Fiscal Year 2020 Second Quarter Results

January 23, 2020 7:00 AM EST

Net Sales +5%; Organic Sales +5%; Diluted Net EPS $1.41, +16%; Core EPS $1.42, +14%

RAISES SALES, EARNINGS, ADJUSTED FREE CASH FLOW PRODUCTIVITY AND CASH RETURN GUIDANCE

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2020 net sales of $18.2 billion, an increase of five percent versus the prior year. Excluding the net impacts of foreign exchange, acquisitions and divestitures, organic sales also increased five percent. Diluted net earnings per share were $1.41, up 16% versus the prior year. Core earnings per share increased 14% to $1.42. Currency-neutral core EPS... More