Categories AlphaGraphs, Consumer, Earnings

Procter & Gamble (PG) Q1 2023 Earnings: Key financials and quarterly highlights

The Procter & Gamble Company (NYSE: PG) reported its first quarter 2023 earnings results today.

Net sales inched up by 1% to $20.6 billion compared to the same period a year ago. Organic sales grew 7%.

Net earnings attributable to Procter & Gamble decreased 4% to $3.9 billion while EPS dropped 2% to $1.57 compared to last year. Core EPS fell 2% to $1.57.

For FY2023, P&G expects all-in sales to be down 3% to 1% versus the prior year while organic sales are expected to grow 3-5%.

Prior performance

Procter & Gamble Q4 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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