Insight Report 3 minutes PremiumProcter & Gamble (PG) Second-Quarter FY2016 Earnings Review: Beats on EPS, Guidance Unchanged Coresight Research August 25, 2016 Executive Summary Procter & Gamble (P&G) reported fiscal-second-quarter 2016 net sales of $16.9 billion, down 9% year over year and in line with consensus estimates. The revenue decline was driven by currency, which more than offset organic growth. The company reported core EPSof $1.04 for the quarter, up 9% year over year, beating the consensus estimate of $0.98. P&G maintained its fiscal 2016 guidance for an all-in sales decline in the high-single digits and a decline in core EPS of 3%–8%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Navigating Digital Transformation in Retail: Infographic—Australia and New Zealand in FocusChina Consumer Tracker: More Consumers Are Making Discretionary PurchasesRetail Shrink and ORC: Cart-Based Loss Is on the Rise; New Tech Solutions Seek To Address Retail TheftConsumer Demand Sees a Slower Recovery: China Consumer Tracker
