P&G Announces Results for the Third Quarter of Fiscal Year 2025

Today P&G reported results for the third quarter of fiscal 2025. We delivered modest organic sales and EPS growth this quarter in a challenging and volatile consumer and geopolitical environment.

Read our press release.

“We delivered modest organic sales and EPS growth this quarter in a challenging and volatile consumer and geopolitical environment,” said Jon Moeller, Chairman of the Board, President and Chief Executive Officer. “We’re making appropriate adjustments to our near-term outlook to reflect underlying market conditions while remaining confident in the longer-term growth prospects for our brands and the markets where we compete. We remain committed to our integrated growth strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value — productivity, constructive disruption and an agile and accountable organization. We’re maintaining investments in superior innovation across price tiers to improve value for consumers and drive category growth.”

For the quarter:

• Organic sales for the quarter grew 1 percent while organic volume and mix were in-line with the prior year. Pricing added 1 point to organic sales growth.
• Seven of 10 product categories grew or held organic sales for the quarter.
• Our approach in the face of this near-term volatility is to protect our investment in the long-term health of our brands — innovation and demand creation. We are adjusting fiscal year guidance in accordance with this approach.

In summary, a well-managed quarter in what continues to be a challenging economic and geopolitical environment.

We remain committed to the integrated growth strategy that has enabled strong results over the past six years, and that is the foundation for balanced growth and value creation.

• A focused portfolio of products in daily use categories where performance drives brand choice.
• Irresistible superiority across the five vectors of product, package, brand communication, retail execution and value –– to delight consumers and grow markets.
• Productivity improvement in all areas of our operations to fund investments in innovation, brand building and market growth, to mitigate cost and currency challenges, and to expand margins and generate cash.
• Constructive disruption of ourselves and our industry — a willingness to change, adapt and create new trends, technologies and capabilities that will shape the future of our industry.
• An empowered, agile and accountable organization that is inclusive and diverse — enabling us to better serve an increasingly diverse set of consumers.
• Strengthening this strategy through four areas of focus — supply chain, environmental sustainability, digital acumen and a superior employee value equation.

For a deeper dive into the results announced today read our press release. Slides and the webcast replay of earnings results are available at www.pginvestor.com/event.