THE WHAT? Procter & Gamble has reported its results for the second quarter of fiscal 2024. The US-based FMCG manufacturer saw net sales rise 3 percent versus the prior year to US$21.4 billion. Organic sales increased 4 percent.
THE DETAILS Diluted earnings per share dropped 12 percent primarily due to a non-cash impairment of the carrying value of the Gillette intangible asset.
In terms of the performance of individual categories, beauty net sales inched up 1 percent while grooming put on 6 percent. Health care saw sales swell 4 percent while fabric and home care jumped 5 percent and baby, feminine & family care rose 2 percent.
THE WHY? Jon Moeller, Chairman of the Board, President and Chief Executive Officer, explains, “We remain committed to our integrated strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value — productivity, constructive disruption and an agile and accountable organization. The P&G team’s execution of this strategy has enabled us to build and sustain strong momentum. We have confidence this remains the right strategy to deliver balanced growth and value creation.”
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.