Procter & Gamble (PG) Tops Q3 EPS by 5c; Raises Sales Guidance

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P&G Announces Fiscal Year 2023 Third Quarter Results

April 21, 2023 6:55 AM EDT

Net Sales +4%; Organic Sales +7%

Diluted EPS and Core EPS $1.37, each +3%

RAISES SALES GROWTH AND CASH RETURN GUIDANCE

MAINTAINS FISCAL YEAR EPS GROWTH GUIDANCE RANGE

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported third quarter fiscal year 2023 net sales of $20.1 billion, an increase of four percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased seven percent. Diluted net earnings per share were $1.37, an increase... More