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| Content | News Release The Procter & Gamble Company One P&G Plaza Cincinnati, OH 45202 FOR IMMEDIATE RELEASE P&G DELIVERS Q1 EPS OF $1.02, EXCEEDING COMPANY AND ANALYST ESTIMATES Organic sales up 4% on broad-based volume and market share growth CINCINNATI, Oct. 27, 2010 - The Procter & Gamble Company (NYSE:PG) reported first quarter diluted net earnings per share from continuing operations of $1.02 per share, an increase of five percent and above the Company‟s guidance range of $0.97 to $1.01. Net sales increased two percent to $20.1 billion behind broad-based volume growth. Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, grew four percent. The Company continued to deliver broad-based volume and market share growth, with all regions growing. “Our first quarter was a good start to the fiscal year. We maintained our top-line momentum and delivered profitable market share growth,” said Chairman of the Board, President and Chief Executive Officer Bob McDonald. “We are confident that our Purpose-inspired growth strategy – to touch and improve the lives of more consumers in more parts of the world, more completely – will continue to drive growth and create value for shareholders. While the macroeconomic environment remains challenging, the solid first quarter results demonstrate that our strategy is working.” Executive Summary x Volume increased eight percent driven by growth in all major geographic regions and five of six business segments. x Net sales increased two percent and organic sales grew four percent for the quarter. x Diluted net earnings per share from continuing operations and Core EPS, which excludes certain items, increased five percent to $1.02 in the first quarter. x Market share increased in all geographic regions versus prior year, and was equal or higher in 13 of the top 17 countries and for 17 of P&G‟s 23 billion-dollar brands. WorldReginfo - c0456e63-1446-4788-bc47-4fa8af0ec91e |
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