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Procter & Gamble Reports Slight Sales Gain, Huge Jump In Earnings For October–December 2012 Quarter

January 25, 2013: 12:00 AM EST
Procter & Gamble reported net sales grew 2 percent to $22.2 billion in the October–December 2012 quarter compared with the same period of the previous year. Earnings per share rose 12 percent to $1.22, while diluted net earnings per share increased 144 percent to $1.39. Also, the company said it grew or held market share in market segments that accounted for almost 50 percent of sales during the quarter. Core operating profit grew 7 percent, while reported operating, which includes non-core charges, rose 68 percent. P&G also reported operating cash flow reached $3.8 billion; the company repurchased $1.4 billion worth of shares and paid $1.6 billion in dividends to shareholders.
"P&G Delivers Second Quarter Core EPS Growth +12%, $1.22 Per Share; Raises Sales and Earnings Outlook for Fiscal Year", Procter & Gamble , January 25, 2013, © The Procter & Gamble
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