Procter & Gamble: Q3 2023 Financial Report
Procter & Gamble is one of the world’s largest consumer goods companies. Today, the company released its Q3 2023 financial report, confirming its stable growth.
The company’s revenue for the third quarter was $20.1 billion, up 4% from last year. This indicates that Procter & Gamble continues to maintain its market position and attract new customers.
Healthcare and home care are the two segments in which the company demonstrated the highest sales growth. Sales in the healthcare segment increased by 6%, while home care sales increased by 5%. This indicates that consumers continue to pay attention to their health and comfort at home, which stimulates demand for Procter & Gamble’s products.
The EPS forecast for the 2023 financial year was raised to $5.81. This indicates that the company continues to grow and expects an increase in profits in the near future.
Procter & Gamble shares rose 2.2% in pre-market trading, which is a good sign for investors and confirms the company’s attractiveness for potential investments. The growth of Procter & Gamble’s financial indicators is also due to a 10% increase in product prices since the beginning of 2023.
Table of key report indicators:
| Indicator | Value |
|---|---|
| Revenue | $20.1 billion |
| Revenue growth | +4% (YoY) |
| EPS | $1.37 |
| EPS growth | +3% (YoY) |
| Sales growth in the Healthcare segment | +6% |
| Sales growth in the Home Care segment | +5% |
| EPS forecast for the 2023 financial year | $5.81 |
However, it should be noted that there is a slight decline in the overall market, with the S&P 500 losing about 0.2%. Despite this, Procter & Gamble continues to maintain its position and demonstrates steady growth.
As a result, Procter & Gamble’s report for the third quarter of the 2023 fiscal year shows confidence in its products and a focus on quality. The growth in indicators indicates that the company continues to develop and attract more consumers.
