On July 30, 2024, Procter & Gamble (P&G) released its earnings for the fourth quarter and the fiscal year ended June 30, 2024. The company reported a fiscal year net sales increase of 2% to $84.0 billion, with organic sales growing by 4%. Diluted EPS rose by 2% to $6.02, while core EPS saw a significant increase of 12% to $6.59. The fourth quarter showed net sales remaining flat at $20.5 billion, with organic sales up by 2%. However, diluted EPS for the quarter fell by 7% to $1.27, although core EPS increased by 2% to $1.40. P&G highlighted its strong results despite a challenging economic and geopolitical environment and remains committed to its integrated strategy for sustainable growth. The company generated $19.8 billion in operating cash flow and returned over $14 billion to shareholders through dividends and...Show More

On July 30, 2024, Procter & Gamble (P&G) released its earnings for the fourth quarter and the fiscal year ended June 30, 2024. The company reported a fiscal year net sales increase of 2% to $84.0 billion, with organic sales growing by 4%. Diluted EPS rose by 2% to $6.02, while core EPS saw a significant increase of 12% to $6.59. The fourth quarter showed net sales remaining flat at $20.5 billion, with organic sales up by 2%. However, diluted EPS for the quarter fell by 7% to $1.27, although core EPS increased by 2% to $1.40. P&G highlighted its strong results despite a challenging economic and geopolitical environment and remains committed to its integrated strategy for sustainable growth. The company generated $19.8 billion in operating cash flow and returned over $14 billion to shareholders through dividends and share repurchases. Looking ahead to fiscal 2025, P&G anticipates all-in sales growth of 2-4%, with organic sales expected to grow 3-5%. Diluted net earnings per share are projected to grow 10-12%, with core EPS expected to increase by 5-7%. The company also plans to continue its shareholder returns, with around $10 billion in dividends and $6-7 billion in share repurchases.