Thu, 30 Jul 2020 11:00:00 UT

P&G Announces Fourth Quarter and Fiscal Year 2020 Results

CINCINNATI--(BUSINESS WIRE)--The Procter & Gamble Company (NYSE:PG) reported fiscal year 2020 net sales of $71 billion, an increase of five percent versus the prior year. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased six percent, driven by a four percent increase in organic volume. Diluted net earnings per share were $4.96, an increase of 247% versus the prior year, due primarily to the non-cash impairment charge for the Gillette Shave Car ...

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