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%. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: America’s Biggest Furniture and Home-Furnishings Retailers: Assessing Performance and StrategyGenerative AI Latest: Key Announcements from AWS re:Invent 2023Groceryshop 2023 “Shark Reef” Startup Pitch: All You Need To KnowRetail 2024: Five Forces and Five Trends Impacting US Retail