Company News, Financial News

P&G’s Net Sales Rise 6% in Q1

Increased pricing drives organic growth in skin and personal care, fabric and home care and other key categories.

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By: Christine Esposito

Editor-in-Chief

The Procter & Gamble Company reported first quarter fiscal year 2024 net sales of $21.9 billion, an increase of six percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased 7%. Diluted net earnings per share were $1.83, an increase of 17% versus prior year. “We delivered very strong results in the first quarter of fiscal year 2024, putting us on track to deliver towards the higher end of our fiscal year g...

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