1.
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Organic sales growth — page 2
|
2.
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Core EPS and currency-neutral Core EPS — page 3
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3.
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Core gross margin and currency-neutral Core gross margin — page 3
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4.
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Core operating margin and currency-neutral Core operating margin — page 4
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5.
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Adjusted free cash flow — page 4
|
6.
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Adjusted free cash flow productivity — page 4
|
•
|
Early
debt extinguishment charges: In the three months ended December 31, 2020, the company recorded after tax charges of $427 million
($512 million before tax), due to early extinguishment of certain long-term debt. These charges represent the difference between the reacquisition price and the par value of the debt
extinguished.
|
Three Months Ended
September 30, 2022 |
Net Sales Growth
|
Foreign Exchange Impact
|
Acquisition &
Divestiture Impact/Other* |
Organic Sales Growth
|
|||
Beauty
|
—%
|
6%
|
(2)%
|
4%
|
|||
Grooming
|
(4)%
|
8%
|
1%
|
5%
|
|||
Health Care
|
3%
|
5%
|
—%
|
8%
|
|||
Fabric Care & Home Care
|
1%
|
6%
|
1%
|
8%
|
|||
Baby, Feminine & Family Care
|
1%
|
5%
|
—%
|
6%
|
|||
Total P&G
|
1%
|
6%
|
—%
|
7%
|
Total Company
|
Net Sales Growth
|
Foreign Exchange Impact
|
Acquisition/ Divestiture Impact/Other*
|
Organic Sales Growth
|
|||
Q4 FY 2022
|
3%
|
4%
|
—%
|
7%
|
|||
Q3 FY 2022
|
7%
|
3%
|
—%
|
10%
|
|||
Q2 FY 2022
|
6%
|
—%
|
—%
|
6%
|
|||
Q1 FY 2022
|
5%
|
(1)%
|
—%
|
4%
|
Total Company
|
Net Sales Growth
|
Combined Foreign Exchange &
Acquisition/Divestiture Impact/Other*
|
Organic Sales Growth
|
|||
FY 2023 (Estimate)
|
(3)% to (1)%
|
6%
|
3% to 5%
|
Three Months Ended
September 30 |
||||
2022
|
2021
|
|||
Diluted Net Earnings Per Share
|
$1.57
|
$1.61
|
||
Percentage change vs. prior period
|
(2)%
|
|||
Adjustments*
|
—
|
—
|
||
Core EPS
|
$1.57
|
$1.61
|
||
Percentage change vs. prior period Core EPS
|
(2)%
|
|||
Currency Impact to Earnings
|
0.16
|
|||
Currency-Neutral Core EPS
|
$1.73
|
|||
Percentage change vs. prior period Core EPS
|
7%
|
Q1
FY 2022
|
Q1
FY 2021
|
Q2
FY 2022
|
Q2
FY 2021
|
Q3
FY 2022
|
Q3
FY 2021
|
Q4
FY 2022
|
Q4
FY 2021
|
|
Diluted Net Earnings Per Share Attributable to P&G
|
$1.61
|
$1.63
|
$1.66
|
$1.47
|
$1.33
|
$1.26
|
$1.21
|
$1.13
|
Early Debt Extinguishment
|
0.16
|
|||||||
Rounding
|
0.01
|
|||||||
Core EPS
|
$1.61
|
$1.63
|
$1.66
|
$1.64
|
$1.33
|
$1.26
|
$1.21
|
$1.13
|
Percentage change vs. prior period
|
(1)%
|
1%
|
6%
|
7%
|
||||
Currency Impact to Earnings
|
(0.03)
|
0.02
|
0.05
|
0.08*
|
||||
Currency-Neutral Core EPS
|
$1.58
|
$1.68
|
$1.38
|
$1.29*
|
||||
Percentage change vs. prior period Core EPS
|
(3)%
|
2%
|
10%
|
14%*
|
Three Months Ended
September 30 |
||
2022
|
2021
|
|
Gross Margin
|
47.4%
|
49.0%
|
Basis point change vs. prior year gross margin
|
(160)
|
|
Adjustments*
|
—
|
—
|
Core Gross Margin
|
47.4%
|
49.0%
|
Basis point change vs. prior year Core gross margin
|
(160)
|
|
Currency Impact to Margin
|
0.3%
|
|
Currency-Neutral Core Gross Margin
|
47.7%
|
|
Basis point change vs prior year Core gross margin
|
(130)
|
Three Months Ended
September 30 |
||
2022
|
2021
|
|
Operating Margin
|
24.0%
|
24.7%
|
Basis point change vs. prior year operating margin
|
(70)
|
|
Adjustments*
|
—
|
|
Core Operating Margin
|
24.0%
|
24.7%
|
Basis point change vs. prior year Core operating margin
|
(70)
|
|
Currency Impact Margin
|
0.8%
|
|
Currency-Neutral Core Operating Margin
|
24.8%
|
|
Basis point change vs. prior year Core operating margin
|
10
|
Three Months Ended September 30, 2022
|
|||
Operating Cash Flow
|
Capital Spending
|
U.S. Tax Act Payments
|
Adjusted Free Cash Flow
|
$4,070
|
$(890)
|
$225
|
$3,405
|
Three Months Ended September 30, 2022
|
||
Operating Cash Flow
|
Net Earnings
|
Adjusted Free Cash Flow
|
$3,405
|
$3,963
|
86%
|