Company News, Financial News

P&G Reports 5% Rise in Net Sales to $80.2 Billion for Fiscal Year 2022

The broad-based growth was driven by a 2% increase in organic volume, a 4% increase due to higher pricing and a 1% increase from positive mix.

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By: Lianna Albrizio

Associate Editor

P&G reported fiscal year 2022 net sales are $80.2 billion, an increase of 5% versus the prior year. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased 7%. The growth was broad-based driven by a 2% increase in organic volume, a 4% increase due to higher pricing and a 1% increase from positive mix.   “Fiscal year 2022 was another strong year,” said Jon Moeller, chairman of the board, president and CEO of P&G. “The P&G team’s exe...

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