Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Procter & Gamble Quarterly Revenue Beats Expectations

The company exceeded Wall Street expectations following a rise in net income and net sales at the end of the first quarter.
Procter & Gamble位于美国辛辛那提的总部 | 图片来源:Flickr
By
  • Reuters

OHIO, United States — Procter & Gamble Co beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand for its premium beauty brands such as SK-II and Olay, as well as healthcare products.

Net income attributable to the company rose to $3.59 billion, or $1.36 per share, in the first quarter ended 30 September, from $3.20 billion, or $1.22 per share, a year earlier.

Net sales climbed 6.6 percent to $17.80 billion, beating analysts' average estimates of $17.42 billion, according to IBES data from Refinitiv.

By Soundarya J; editor: Bernard Orr

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Beauty
Analysis and advice on the fast-evolving beauty business.
view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Awards - Deadline 30 April 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Awards - Deadline 30 April 2024