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P&G Announces Results for the Third Quarter of Fiscal Year 2015

Friday, April 24, 2015 9:12 am EDT

Today, we announced results for the third quarter of our 2015 fiscal year. You can read the full details in the news release, and listen to the webcast of earnings results, at pginvestor.com.

“Our third quarter earnings results were largely in-line with what we had expected,” said Chairman, President, and Chief Executive Officer A.G. Lafley. “We delivered double-digit constant currency core EPS growth with significant currency-neutral gross and operating margin expansion from over 400 basis points of productivity savings from programs that continue to gain momentum. This quarter the productivity progress was offset by foreign exchange. As we have done before, we’ll offset foreign exchange over time through a combination of pricing, mix enhancement and cost reduction.  We are focused on the significant opportunities in our control, including brand initiatives and product innovation, business and brand portfolio simplification, overhead savings and major supply chain productivity initiatives, to improve results in 2015 and beyond.”

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