Consumer Staples
Household & Personal Products
$41.24B
22K
Key insights and themes extracted from this filing
Net sales for the three months ended September 29, 2024 were $3.899 billion, compared to $3.915 billion for the same period last year, a decrease of 0.4%. The company cites unfavorable changes in foreign currency exchange rates as a contributing factor.
Gross profit for the three months ended September 29, 2024 was $2.282 billion, compared to $2.250 billion for the same period last year, an increase of 1.4%. The company attributes this to gains from supply chain optimization initiatives and value realization.
Net income for the three months ended September 29, 2024 was $383 million, compared to $438 million for the same period last year, a decrease of 12.6%. The decrease was primarily due to a decrease in operating income and an increase in provision for taxes.