Procter & Gamble (PG) Q2 2025 Earnings
Pepto Bismol, made by Procter & Gamble, appears on grocery shelves on July 28, 2023 in Greenbrae, California.
Justin Sullivan | Getty Images
Proctor and gambling It reported quarterly revenue and earnings Wednesday that beat analysts’ estimates as demand for household goods such as toilet paper and laundry products grew.
Shares of the company rose 3 percent in premarket trading.
Here’s the company’s earnings for the quarter ended Dec. 31, compared to Wall Street expectations based on LSEG’s survey of analysts:
- Earnings per share: $1.88 from $1.86 expected
- Revenue: $21.88 billion versus $21.54 billion expected
P&G reported net income of $4.63 billion, or $1.88 per share, for the fiscal year, up from $3.47 billion, or $1.40 per share, in the company’s fiscal second quarter.
Net sales It grew 2 percent to $21.88 billion. The company’s organic revenue, which excludes currency changes and adjustments, increased 3 percent in the quarter.
P&G’s volume rose 1% during the period. The measure does not include price, making it a more accurate reflection of demand than sales. Like many consumer companies, P&G is experiencing weak demand for its products after several years of price increases.
The company’s baby, women and family care segment reported the highest volume with a 4% jump. P&G has recognized its family care and feminine care brands, which include Charmin, Puffs and Tampax products. But organic sales of baby care slipped in the low single digits, as fewer parents bought Pampers diapers.
P&G’s services division, including Gillette razors, saw volume rise 2% in the quarter. The company has increased the amount of innovation.
The company’s textile and home care division posted a 1% increase. The segment includes Tide, Swiffer and Cascade products.
P&G’s healthcare division, which includes Pepto Bismol and Oral-B products, reported flat volume.
Only P&G’s beauty division posted declining volume in the quarter. The company said it has reduced volumes for its hair care products for the Greater China market and reduced global volumes for its skin care division, which includes Olay products. Overall, the company’s beauty division was down 1 percent.
P&G also reiterated its fiscal 2025 forecast. It expects core net earnings per share in the range of $6.91 to $7.05 and revenue growth of 2% to 4%.