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Tuesday, Jan 31, 2023
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Procter & Gamble Profit, Sales Up

Procter & Gamble Co. on Monday said fourth-quarter profit rose 9 percent, led by strong volume growth in its beauty, health and home care segments, and the company backed analysts’ earnings forecast for its current quarter and fiscal year.


P & G; reported earnings of $1.5 billion (56 cents per share) for the quarter ended June 30, compared with $1.37 billion (50 cents) a year earlier. Sales jumped 10 percent to $14.26 billion from $12.96 billion. The results topped analysts’ expectations for profit of 55 cents per share on revenue of $14.05 billion.


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