On October 18, 2024, Procter & Gamble (P&G) released its first quarter fiscal year 2025 results, reporting a slight decrease in net sales by 1% to $21.7 billion compared to the previous year. Despite the dip in net sales, organic sales, which exclude foreign exchange and acquisitions/divestitures, grew by 2%. The company's diluted earnings per share (EPS) fell by 12% to $1.61, while core EPS, which excludes non-core restructuring charges, rose by 5% to $1.93. P&G's operating cash flow for the quarter was $4.3 billion, with net earnings totaling $4.0 billion. The company also returned $4.4 billion to shareholders through dividends and share repurchases. P&G's Chairman, President, and CEO Jon Moeller affirmed that the results keep the company on track to meet its fiscal year guidance...Show More

On October 18, 2024, Procter & Gamble (P&G) released its first quarter fiscal year 2025 results, reporting a slight decrease in net sales by 1% to $21.7 billion compared to the previous year. Despite the dip in net sales, organic sales, which exclude foreign exchange and acquisitions/divestitures, grew by 2%. The company's diluted earnings per share (EPS) fell by 12% to $1.61, while core EPS, which excludes non-core restructuring charges, rose by 5% to $1.93. P&G's operating cash flow for the quarter was $4.3 billion, with net earnings totaling $4.0 billion. The company also returned $4.4 billion to shareholders through dividends and share repurchases. P&G's Chairman, President, and CEO Jon Moeller affirmed that the results keep the company on track to meet its fiscal year guidance. The report also detailed segment performance, with organic sales growth in the Grooming, Health Care, and Fabric & Home Care segments, while the Beauty segment saw a decline, primarily due to lower sales of the SK-II brand. P&G completed a limited market portfolio restructuring, including the substantial liquidation of its operations in Argentina, incurring restructuring charges of approximately $1.2 billion after tax. The company maintained its fiscal 2025 guidance, expecting all-in sales growth of 2-4%, organic sales growth of 3-5%, and core EPS growth of 5-7%. P&G anticipates a commodity cost headwind of approximately $200 million after tax for fiscal 2025 but expects foreign exchange to be neutral.