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Procter & Gamble Reports Strong Q2 Earnings, Beating Expectations

The consumer goods giant saw net sales and earnings rise, with gains across most product segments and reaffirmed its fiscal 2025 outlook.

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Procter & Gamble

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.