The Procter and Gamble Company reported first quarter fiscal year 2019 net sales of $16.7 billion, in-accordance with the year-prior level.
The world’s biggest consumer products creator said net wage owing to the organization rose to $3.20 billion, or $1.22 per share, in the principal quarter finished Sept. 30, from $2.85 billion, or $1.06 per share, a year sooner.
Income of $16.69 billion was in line deals enrolled a year sooner.
Analysts surveyed by Investing.com gauge EPS of $1.10 on income of $16.49 billion.
“We generated strong consumption, organic volume and organic sales in the first quarter,” David Taylor, P&G’s Chairman, President and Chief Executive Officer, said in the release. “This keeps us on track to deliver our top- and bottom-line targets for the fiscal year.”
Net sales climbed imperceptibly to $16.69 billion beating analysts’ normal gauge of $16.46 billion, as indicated by I/B/E/S information from Refinitiv.