Summary by Moomoo AI
P&G announced its first quarter fiscal 2025 results on October 18, 2024, achieving 2% organic sales growth despite a 1% decline in net sales. Core EPS increased 5% to $1.93, while currency-neutral Core EPS grew 4%. The company maintained a strong core gross margin of 52.0% and improved core operating margin by 30 basis points to 26.7%.Performance varied across segments, with Health Care leading at 4% organic growth, followed by Grooming and Fabric Care & Home Care at 3% each. Beauty segment declined 2%, while Baby, Feminine & Family Care remained flat. The company generated adjusted free cash flow of $3.87 billion with 82% productivity.Looking ahead, P&G projects fiscal 2025 organic sales growth of 3-5% and core EPS growth of 5-7%. The guidance includes an estimated 1% negative impact from foreign exchange on sales and a 1% headwind to EPS growth.
