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Procter & Gamble | 8-K: FY & Q4 FY 2024 Results

SEC ·  Jul 30 22:25

Summary by Moomoo AI

On July 30, 2024, Procter & Gamble (P&G) released its fourth-quarter financial results and conducted a conference call, which was accompanied by informational slides. These materials were furnished on Form 8-K and are available on P&G's website. The company reported organic sales growth across various segments, with total company organic sales growth at 2% for the quarter and 4% for the fiscal year ended June 30, 2024. Core Earnings Per Share (EPS) for the quarter increased by 2% to $1.40, and by 12% to $6.59 for the fiscal year. Currency-neutral Core EPS, which excludes the impact of foreign exchange, showed a 6% increase for the quarter and a 16% increase for the fiscal year. Core gross margin and Core operating margin also saw improvements. Adjusted free cash flow...Show More
On July 30, 2024, Procter & Gamble (P&G) released its fourth-quarter financial results and conducted a conference call, which was accompanied by informational slides. These materials were furnished on Form 8-K and are available on P&G's website. The company reported organic sales growth across various segments, with total company organic sales growth at 2% for the quarter and 4% for the fiscal year ended June 30, 2024. Core Earnings Per Share (EPS) for the quarter increased by 2% to $1.40, and by 12% to $6.59 for the fiscal year. Currency-neutral Core EPS, which excludes the impact of foreign exchange, showed a 6% increase for the quarter and a 16% increase for the fiscal year. Core gross margin and Core operating margin also saw improvements. Adjusted free cash flow productivity was reported at 148% for the quarter and 105% for the fiscal year, with adjustments made for non-cash charges related to foreign currency translation losses and the Gillette intangible asset impairment charge. P&G's guidance for FY 2025 estimates a net sales growth of 2% to 4%, with organic sales growth projected at 3% to 5%.

This announcement is a separate document:

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