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P&G continues to expect adjusted totally free money flow productivity of 90% and expects to pay about $9 billion in dividends and to repurchase $6 billion to $eight billion of popular shares in fiscal 2023. P&G raised its guidance for fiscal 2023 all-in sales to a range of down one particular percent to in-line versus the prior fiscal year from a prior range of down 3 percent to down a single percent. The Company also raised its outlook for organic sales development to a variety of 4 to 5 % versus the prior fiscal year from a prior development variety of three to 5 %. Foreign exchange is now anticipated to be a five percentage point headwind to all-in sales development for the fiscal year. Diluted net earnings per share decreased by 4 percent to $1.59, driven by a decline in net sales and a lower in operating margin partially offset by a lower successful tax rate and a reduction in shares outstanding. Currency-neutral EPS have been up 5 percent versus the prior year EPS.

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