The Procter & Gamble Company (NYSE: PG) today reported its first quarter financial results for the period ended September 30, 2020.
Net earnings for the first quarter was $4.3 billion, or $1.63 per share, compared to net earnings of $3.6 billion, or $1.36 per share in the first quarter of 2019.
Total net sales increased 9% to $19.3 billion.
The company has returned $4 billion of cash to shareholders via $2 billion of dividend payments and $2 billion of common stock repurchases.
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Shares inched up 1.2% during the pre-market hours following the earnings announcement.