Procter & Gamble (PG) Tops Q1 EPS by 53c, Revenues Beat

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Go back to Procter & Gamble (PG) Tops Q1 EPS by 53c, Revenues Beat

P&G Announces Fiscal Year 2022 First Quarter Results

October 19, 2021 7:00 AM EDT

Net Sales +5%; Organic Sales +4%;

Diluted EPS and Core EPS $1.61, each -1%

MAINTAINS FISCAL YEAR 2022 GUIDANCE

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported first quarter fiscal year 2022 net sales of $20.3 billion, an increase of five percent versus the prior year. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased four percent. Diluted net earnings per share were $1.61, a decrease of one percent versus prior year EPS.

Operating cash flow was $4.6 billion for the quarter.... More