07.27.17
P&G reported April – June 2017 quarter net sales were $16.1 billion, unchanged versus the prior year period including a negative two-percentage point impact from foreign exchange. Organic sales increased 2% for the quarter driven by a 2% increase in organic shipment volume.
For fiscal year 2017, net sales were $65.1 billion, unchanged versus the prior year, including a negative two-percentage point impact from foreign exchange. Organic sales increased 2% for the year driven by a 2% increase in organic shipment volume.
In the April – June 2017 quarter, Baby, Feminine & Family Care segment organic sales were unchanged versus prior year. Baby Care organic sales decreased low single digits as volume declined mainly due to competitive activity. Feminine Care organic sales increased low single digits due primarily to favorable product mix from the growth of Always Discreet and other premium innovation. Family Care organic sales increased low single digits driven by higher volume from product innovation and increased distribution.
For fiscal year 2017, net sales were $65.1 billion, unchanged versus the prior year, including a negative two-percentage point impact from foreign exchange. Organic sales increased 2% for the year driven by a 2% increase in organic shipment volume.
In the April – June 2017 quarter, Baby, Feminine & Family Care segment organic sales were unchanged versus prior year. Baby Care organic sales decreased low single digits as volume declined mainly due to competitive activity. Feminine Care organic sales increased low single digits due primarily to favorable product mix from the growth of Always Discreet and other premium innovation. Family Care organic sales increased low single digits driven by higher volume from product innovation and increased distribution.