Wednesday, October 19, 2022

P&G Q1 Profit Down 4%, But Results Top Estimates; Cuts FY23 Sales Outlook

Procter & Gamble reported on Wednesday that profit for the first quarter decreased four percent from last year, hurt primarily by higher commodity and input material costs, despite 1 percent net sales growth. However, both earnings per share and quarterly sales topped analysts' estimates. Looking ahead, the company maintained its earnings and organic sales growth guidance for full-year 2023.

from RTT - Earnings https://ift.tt/cRkKXyW
via IFTTT

No comments:

Post a Comment