Procter & Gamble Reports Flat Organic Sales as U.S. Spending Remains Pressured

Core Viewpoint - Procter & Gamble reported flat organic sales growth for its fiscal second quarter, indicating challenges in the consumer spending environment in the United States [1] Group 1: Sales Performance - Organic sales were unchanged for the quarter ended December, contrary to Bloomberg consensus estimates of 0.54% growth [1] - Net sales increased by 1% year over year to $22.2 billion, slightly below Wall Street expectations of $22.32 billion [2] Group 2: Segment Analysis - Price increases were fully offset by an equal decline in volumes, highlighting a balance between pricing strategy and consumer demand [2] - Strength in beauty and health care segments was countered by weaker performance in grooming, home care, and baby care [2] Group 3: Earnings - Core earnings per share remained unchanged at $1.88 from the prior year, which was modestly above analyst projections of $1.86 [2]