Consumer Staples
Household & Personal Products
$41.24B
22K
Key insights and themes extracted from this filing
The company's net sales for the three months ended June 30, 2024 were $4,000 million, compared to $4,011 million for the same period in 2023, representing a decrease of 0.3%. This indicates a lack of growth in the top-line revenue.
Operating income for the three months ended June 30, 2024 was $154 million, compared to $702 million for the same period in 2023, representing a substantial decrease of 78.1%. This is a significant negative variance.
Net income for the three months ended June 30, 2024 was $58 million, compared to $430 million for the same period in 2023, representing a substantial decrease of 86.5%. This indicates a significant drop in profitability.