P&G Announced its Second Quarter Results and Plans to Continue Raising Prices

1月 23, 2023

The Procter & Gamble Company (NYSE:PG) announced key financial data for the second quarter of fiscal year 2023 (as of December 31). Net sales fell 1% year-over-year to $20.773 billion (+5% at constant currency), slightly higher than analysts’ forecast of $20.73 billion. Among them, sales in the Chinese market fell by 7% at a constant exchange rate, mainly due to previous epidemic prevention and control measures and weaker consumer confidence.
“We delivered solid results in the second quarter of fiscal year 2023 in what continues to be a very difficult cost and operatin …