🔹 Adjusted EPS: $0.84 (Est. $0.78) 🟢; UP +7.7% YoY
🔹 Revenue: $6.576B (Est. $6.667B) 🔴; DOWN -4.1% YoY
🔹 Organic Net Sales: DOWN -3.1% YoY
FY 2025 Guidance
🔹 Adjusted EPS: $2.63–$2.74 (Est. $3.05) 😕
🔹 Organic Net Sales: Flat to DOWN -2.5% YoY
🔹 Free Cash Flow: Flat YoY with 95% conversion
🔹 Adjusted Operating Income: DOWN -1% to -4% YoY
Q4 Segment Performance
North America:
🔹 Revenue: $4.968B (Est. $4.961B) 🟡; DOWN -3.9% YoY
🔹 Organic Net Sales: DOWN -3.6% YoY (Price: +0.9pp, Volume/Mix: -4.5pp)
International Developed Markets:
🔹 Revenue: $913M (Est. $948M) 🔴; DOWN -3.6% YoY
🔹 Organic Net Sales: DOWN -4.0% YoY (Flat Price, Volume/Mix: -4.0pp)
Emerging Markets:
🔹 Revenue: $695M (Est. $753.67M) 🔴; DOWN -6.8% YoY
🔹 Organic Net Sales: UP +2.2% YoY (Price: +4.2pp, Volume/Mix: -2.0pp)
Key Financial Metrics (Q4)
🔹 Adjusted Gross Profit Margin: 34.4% (Est. 34.28%) 🟡; DOWN -40 bps YoY
🔹 Adjusted Operating Income: $1.385B; DOWN -0.3% YoY
Strategic Updates
🔸 Announced $1.9B remaining under the share repurchase program
🔸 Focused on driving brand growth, expanding Away From Home wins, and increasing distribution points in Emerging Markets
Management Commentary
🔸 CEO Carlos Abrams-Rivera:
“2024 was challenging, but we maintained profitability, drove strong cash flow, and returned $2.7 billion to stockholders. Heading into 2025, we are focused on innovation, leveraging our Brand Growth System, and capturing new opportunities across Emerging Markets. While there’s work ahead, I am confident in our long-term strategy and ownership-centric culture.”