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CLAIM #49101 · Procter & Gamble Company (PG) · 2024Q4 earnings call · Jul 30, 2024 · due Jun 30, 2025

But overall, I think we’re well set up to deliver against the guidance metrics we just communicated.

Andre Schulten · CFO

CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
well set up to deliver against the guidance metrics we just communicated
Reported
we would say we have good visibility and confidence to the lower-end of the guidance range, both on organic sales growth and on core EPS

In context

eveloping right in line with what we would have expected. We’re growing share in North America. The balance of the markets are growing volume, which is really the shift we needed to see. Our gross margin is at record levels. Our productivity is very strong. That has enabled us to remain fully invested from a media perspective and from an innovation perspective, and so going into the year, we feel all the structural elements of the business are strong. Now, what is important to understand, and we mentioned it in the prepared remarks, those headwinds that we have experienced in H2 will still be with us in H1 of this fiscal year, so we expect this year not to be linear and we have to accelerate sales growth throughout the quarters as some of these headwinds annualize and we return to growth. But overall, I think we’re well set up to deliver against the guidance metrics we just communicated. Jon Moeller: I agree with everything that Andre just said. I would remind you relative to the comment of performing versus our own expectations, precisely because of the volatility of the world that we all live and operate in, we don’t provide quarterly guidance, we only provide annual guidance, and as Andre said, we met our beat, each of those numbers that were provided. There have been two primary questions that have been--that we’ve all been working through. One is can we re-accelerate volume, and as Andre said, that is broadly happening and impressively so. If you look at North America over the course of the fiscal year, plus-3, plus-3, plus-4, plus-3. If we look at Europe, plus-2, plus-3, plus-4, plus-2. Andre gave you figures for some of the other regions, but broadly that question

Verify independently

SEC filings for PG · Claim quote is verbatim from the 2024Q4 earnings call.