The consumer goods company also grew operating income 5%.
Procter & Gamble (PG -0.03%), the consumer goods giant, grew profit in the third quarter of its fiscal 2024 even as revenue grew only slightly. Here’s a summary of the company’s quarterly filing.
Profitability grows faster than revenue
Even though net sales rose only 1% in the quarter ending March 31, Procter & Gamble’s net earnings rose 10% to $3.8 billion, as diluted earnings per share ticked up 11% to $1.52. Meanwhile, operating…
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Source: https://www.fool.com/data-news/2024/04/25/procter-gambles-q3-earnings-net-earnings-rise-10/