Procter & Gamble Records 4% Organic Sales Growth

Procter & Gamble announced a 4% organic sales growth for fiscal year 2024, continuing a streak of six consecutive years with at least a 4% rise. Net sales rose 2%, to $84 billion, while fourth-quarter sales, shipment volumes and product mix were flat year over year.The Cincinnati-based consumer packaged goods (CPG) company reported net income of$3.14 billion for the fiscal fourth quarter. P&G CEO Jon Moeller highlighted the company’s ability to meet or exceed its growth targets despite a challenging econom ...