Company News, Financial News

Procter & Gamble: Q2 2024 Results

Beauty performance impacted by lower sales of SK-II.

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By: Lianna Albrizio

Associate Editor

Procter & Gamble Company reported second quarter fiscal year 2024 net sales of $21.4 billion, an increase of 3% versus the prior year.    Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased 4%. Diluted net earnings per share were $1.40, a decrease of 12% versus prior-year primarily due to a non-cash impairment of the carrying value of the Gillette intangible asset. Core net earnings per share were $1.84, an increase of 16% versu...

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