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Procter & Gamble Stock Gains After Sales Exceed Expectations
PGP&G(PG) Investopedia·2025-01-22 17:01

Financial Performance - Procter & Gamble's fiscal 2025 second-quarter net sales grew 2% year-over-year to 21.88billion,surpassingWallStreetestimatesof21.88 billion, surpassing Wall Street estimates of 21.59 billion [1] - Net income for the quarter was 4.63billion,or4.63 billion, or 1.88 per share, matching expectations [1] - The company's shares rose 3% following the earnings report [1][3] Segment Performance - Baby, Feminine & Family Care segment, including Tampax and Pampers, saw a 3% increase in sales [2][3] - Fabric & Home Care segment, featuring Tide and Febreze, and Health Care segment, including Crest and Pepto Bismol, both experienced 2% sales growth [2] - Grooming segment, with Gillette and Venus razors, reported a 1% revenue increase [2] - Beauty segment, including Head & Shoulders and Old Spice, showed flat sales [2] Outlook and Share Repurchase - Procter & Gamble reaffirmed its fiscal 2025 outlook, projecting sales growth of 2% to 4% from 84billioninthepreviousyear[3]Thecompanyexpectsearningspershare(EPS)growthof1084 billion in the previous year [3] - The company expects earnings per share (EPS) growth of 10% to 12% from 6.02 in fiscal 2024 [3] - Procter & Gamble plans to repurchase 6to6 to 7 billion worth of shares in the current fiscal year [3]