Company News, Financial News

P&G Reports $20.3 Billion in Net Sales for First Quarter 2022

Net and organic sales are up 5% and 4%, respectively, compared with last year.

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By: Lianna Albrizio

Associate Editor

Procter & Gamble (P&G) reported first quarter fiscal year 2022 net sales rose 5% to $20.3 billion. Organic sales increased 4%. Operating cash flow was $4.6 billion for the quarter.   “We delivered solid results in our first quarter of fiscal 2022 in a challenging cost and operating environment,” said David Taylor, chairman, president and CEO. “These results keep us on track to deliver our top-line, bottom-line and cash targets for the fiscal year.”   Taylor added that t...

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