Procter & Gamble’s net sales in the second quarter of fiscal year 2021 were $19.7 billion, an 8% increase versus the prior year. Organic sales, which excludes the impacts of foreign exchange, acquisitions and divestitures, also increased 8%, driven by a 5% increase in shipment volume, one percentage point of increased pricing and two percentage points of positive mix impact. Positive mix was driven by the disproportionate growth of the higher-priced Home Care and Appliances categories and the North America region. Foreign exchange had no net impact to net sales for the quarter.

Baby, Feminine and Family Care segment organic sales increased 6% versus year ago. Baby Care organic sales increased low single digits primarily driven by mid-single digit growth in North America and devaluation-related price increases in certain regions, partially offset by category contraction in certain regions due to the pandemic and competitive activity. Feminine Care organic sales increased mid-single digits driven by positive product mix due to premium innovation growth in North America and Greater China and devaluation-related price increases in certain regions. Family Care organic sales increased double digits driven by consumption increases as consumers spend more time at home during the pandemic.

“We delivered another strong quarter of results across all key measures – top line, bottom line and cash,” says David Taylor, chairman, president and CEO. “We remain focused on executing our strategies of superiority, productivity, constructive disruption and improving P&G’s organization and culture. These strategies enabled us to build strong business momentum before the Covid crisis, accelerated our progress in calendar year 2020 and remain the right strategies to deliver balanced growth and value creation over the long term.”