The Procter & Gamble Company (P&G) reported its second-quarter fiscal year 2025 net sales of $21.9 billion, an increase of two percent versus the prior year.
Organic sales, excluding the impacts of foreign exchange and acquisitions and divestitures, increased 3% compared to the prior year. Overall, net sales Net sales in Q2 of the fiscal year 2025 were $21.9 billion, a 2% increase versus the previous year.
Jon Moeller, Chairman of the Board, President and Chief Executive Officer, said,
“The P&G team delivered an acceleration in organic sales growth, core EPS growth, and strong cash return to shareowners in the second quarter. Our first-half results keep us on track to deliver within our guidance ranges on all key financial metrics for the fiscal year.”
Beauty segment organic sales increased by 2% versus a year ago. Haircare organic sales increased by low single digits driven by volume growth in North America, Europe, and Latin America and favorable geographic and premium product mix, partially offset by volume declines primarily in Greater China.
Skincare organic sales declined mid-single digits due to volume declines, partially offset by a favorable product mix from higher sales of the SK-II brand. However, personal care organic sales increased by double digits, driven by innovation-based volume growth.
Moeller added,
“We remain committed to our integrated growth strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution, and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization. This strategy has enabled our solid results and is a foundation for balanced growth and value creation.”
Diluted net earnings per share increased by 34% to $1.88, compared to a base period that includes the Gillette intangible asset impairment charge. Core earnings per share were $1.88, an increase of two percent versus the prior year.
Organic sales, excluding the impacts of foreign exchange and acquisitions and divestitures, increased 3% compared to the prior year. Overall, net sales Net sales in Q2 of the fiscal year 2025 were $21.9 billion, a 2% increase versus the previous year.
Jon Moeller, Chairman of the Board, President and Chief Executive Officer, said,
“The P&G team delivered an acceleration in organic sales growth, core EPS growth, and strong cash return to shareowners in the second quarter. Our first-half results keep us on track to deliver within our guidance ranges on all key financial metrics for the fiscal year.”
Beauty segment organic sales increased by 2% versus a year ago. Haircare organic sales increased by low single digits driven by volume growth in North America, Europe, and Latin America and favorable geographic and premium product mix, partially offset by volume declines primarily in Greater China.
Skincare organic sales declined mid-single digits due to volume declines, partially offset by a favorable product mix from higher sales of the SK-II brand. However, personal care organic sales increased by double digits, driven by innovation-based volume growth.
Moeller added,
“We remain committed to our integrated growth strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution, and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization. This strategy has enabled our solid results and is a foundation for balanced growth and value creation.”
Diluted net earnings per share increased by 34% to $1.88, compared to a base period that includes the Gillette intangible asset impairment charge. Core earnings per share were $1.88, an increase of two percent versus the prior year.
Read Next
P&G CEO Jon Moeller Joins the Eli Lilly Board of Directors
Univar Solutions & dsm-firmenich Partner for Actives Portfolio in Beauty and Personal Care
