Procter & Gamble is a multinational consumer goods corporation that specializes in a wide array of personal care, health, and hygiene products
The company develops, manufactures, and markets well-known brands that encompass various categories, including beauty, grooming, health care, fabric and home care, and baby and family care. By focusing on innovation and quality, Procter & Gamble aims to improve the everyday lives of consumers worldwide through its diverse product portfolio, which includes items such as laundry detergents, shampoos, diapers, and skincare products. The company's commitment to sustainability and social responsibility further underscores its role as a leader in the consumer goods industry, as it works to create a positive impact on society and the environment.
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Procter & Gamble is a solid blue-chip dividend growth stock on track to increase its distribution in 2025 by mid-single-digits, and its shares are rising.
Consumer products behemoth Proctor & Gamble (NYSEPG) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 2.1% year on year to $21.88 billion. Its non-GAAP profit of $1.88 per share was 1.1% above analysts’ consensus estimates.
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Procter & Gamble shares rose in premarket trading after Q2 FY25 earnings exceeded expectations. The company reported a 2% sales growth to $21.9 billion, surpassing the analyst estimate. Organic sales increased by 3%, driven by a positive geographic mix.
The Procter & Gamble Company (NYSEPG) reported second quarter fiscal year 2025 net sales of $21.9 billion, an increase of two percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased three percent versus the prior year. Diluted net earnings per share were $1.88, an increase of 34% versus prior year, due primarily to a non-cash impairment of the carrying value of the Gillette intangible asset in the base year. Core earnings per share were $1.88, an increase of two percent versus prior year.
