Procter & Gamble (PG) Tops Q1 EPS by 1c, Sales Beat; Issued Mixed Outlook

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Go back to Procter & Gamble (PG) Tops Q1 EPS by 1c, Sales Beat; Issued Mixed Outlook

P&G Announces Fiscal Year 2023 First Quarter Results

October 19, 2022 6:55 AM EDT

Net Sales +1%; Organic Sales +7%;

Diluted EPS and Core EPS $1.57, each -2%

UPDATES ALL-IN SALES GROWTH OUTLOOK

MAINTAINS FISCAL YEAR 2023 ORGANIC SALES & EPS GROWTH GUIDANCE RANGES

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported first quarter fiscal year 2023 net sales of $20.6 billion, an increase of one percent versus the prior year. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased seven percent. Diluted net earnings per share were $1.57, a decrease of two... More