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The Procter & Gamble Company (PG) Q1 2025 Earnings Call Transcript

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The Procter & Gamble Company (NYSE:PG) Q1 2025 Earnings Call Transcript October 18, 2024 8:30 AM ET

Company Participants

Andre Schulten – CFO

Conference Call Participants

Steve Powers – Deutsche Bank
Lauren Lieberman – Barclays
Dara Mohsenian – Morgan Stanley
Bryan Spillane – Bank of America
Chris Carey – Wells Fargo Securities
Filippo Falorni – Citi
Robert Ottenstein – Evercore ISI
Kevin Grundy – BNP Paribas
Peter Grom – UBS
Andrea Teixeira – JPMorgan
Kaumil Gajrawala – Jefferies
Mark Astrachan – Stifel
Nik Modi – RBC Capital Markets
Olivia Tong – Raymond James
Korinne Wolfmeyer – Piper Sandler
Rob Moskow – TD Securities
Linda Bolton Weiser – D.A. Davidson

Operator

Good morning, and welcome to Procter & Gamble’s Quarter End Conference Call. Today’s event is being recorded for replay. This discussion will include a number of forward-looking statements. If you will refer to P&G’s most recent 10-K, 10-Q and 8-K reports, you will see a discussion of factors that could cause the company’s actual results to differ materially from these projections. As required by Regulation G, Procter & Gamble needs to make you aware that during the discussion, the company will make a number of references to non-GAAP and other financial measures. Procter & Gamble believes these measures provide investors with useful perspective on underlying business trends and has posted on its Investor Relations website, www.pginvestor.com, a full reconciliation of non-GAAP financial measures.

Now, I will turn the call over to P&G’s Chief Financial Officer, Andre Schulten.

Andre Schulten

Good morning, everyone. Joining me on the call today is John Chevalier, Senior Vice President, Investor Relations. Execution of our integrated strategy delivered another quarter of solid earnings and cash results. These results enable us to maintain our guidance ranges for fiscal year ’25. Organic sales grew 2% comparing against a strong base period of 7% growth. Volume contributed 1 point to

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