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Earnings Results

Last Updated: Jan. 22, 2025 at 9:44 a.m. ET

P&G’s stock powers up as profit and revenue rise above expectations, and the full-year outlook was affirmed. Photo: Getty Images

Shares of Procter & Gamble Co. were headed for their best day in five months in early Wednesday trading, after the consumer products giant’s fiscal second-quarter results beat expectations, amid strength in its baby, feminine and family care business.

The parent of household brands including Tide, Pampers, Gillette and Crest, which beat net sales expectations for the first time in five quarters, even as prices didn’t rise for the first time in more than six years. The company also maintained its full-year financial guidance.

Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.