Overview
- Procter & Gamble's Q2 net sales rose 2% year-over-year to $21.88 billion, surpassing analysts' expectations of $21.59 billion.
- Net income increased 33% to $4.63 billion, with earnings per share of $1.88, up from $1.40 per share a year earlier.
- Key product segments, including Baby, Feminine & Family Care and Fabric & Home Care, reported sales growth, while Beauty sales remained flat.
- The company maintained its fiscal 2025 forecast, projecting 2%-4% revenue growth and 10%-12% EPS growth for the year.
- P&G shares rose 3% following the earnings report, reflecting investor confidence in its performance and outlook.