TELETRADER News
1/19/2022, 1:05 PM
(Source: TeleTrader)
P&G's sales up by 6% to $20.9 billion in Q2
The Procter & Gamble Company (P&G) announced on Wednesday that its sales jumped 6% compared to the same period the year prior, to come in at $20.9 billion in the second quarter of 2022.
The company's diluted earnings per share for the second quarter of 2022 came in at $1.66, 13% higher compared to the same quarter last year. Net earnings advanced by 9% in the second three-month period and amounted to $4.2 billion.
"These results keep us on track to deliver our earnings outlook and to raise estimates for sales growth, cash productivity and cash return to shareowners," CEO Jon Moeller said.