CINCINNATI, OH, October 22, 2019-

The Procter & Gamble Company reported first quarter fiscal year 2020 net sales of $17.8 billion, an increase of seven percent versus the prior year. Excluding the net impacts of foreign exchange, acquisitions and divestitures, organic sales also increased seven percent. Diluted net earnings per share were $1.36, up 11% versus the prior year. Core earnings per share increased 22% to $1.37. Currency-neutral core EPS increased 24% versus the prior year.

Operating cash flow was $4.2 billion for the quarter. Adjusted free cash flow productivity was 91%. The Company returned $4.9 billion of cash to shareholders via $1.9 billion of dividend payments and $3 billion of common stock repurchases.

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