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%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2022/10/Procter-Gamble-Q1-2023-Earnings-Infographic-649x1024.jpg)
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](https://cdn.news.alphastreet.com/wp-content/uploads/2022/07/Procter-Gamble-Q4-2022-Earnings-Infographic-649x1024.jpg)
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