The Procter & Gamble Company (NYSE: PG) reported fourth quarter 2021 earnings results today.
Net sales increased 7% year-over-year to $18.9 billion. Organic sales increased 4%.
GAAP net income rose 4% to $2.9 billion while GAAP EPS grew 6% to $1.13 compared to the same period a year ago. Core EPS fell 3% to $1.13.
Both the top and bottom line numbers surpassed market projections.
For the full year of 2022, P&G expects both reported and organic sales to grow 2-4% year-over-year. GAAP EPS is expected to grow 6-9% versus GAAP EPS of $5.50 in FY2021. Core EPS is expected to grow 3-6% versus core EPS of $5.66 in FY2021.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Chipmaker Broadcom, Inc. (NASDAQ: AVGO) Thursday reported better-than-expected earnings and revenues for the fourth quarter of 2022. Net profit was $10.45 per share in the final three months of the
Costco Wholesale Corporation (NASDAQ: COST) reported first quarter 2023 earnings results today. Net sales increased 8.1% to $53.44 billion compared to the same period a year ago. Comparable sales were up
Shares of Campbell Soup Company (NYSE: CPB) were up 1% on Thursday. The stock has gained 30% year-to-date and 34% over the past 12 months. The food company started the