The company recently released its second-quarter fiscal 2017 results wherein its earnings and revenues exceeded expectations by 1.9% and 0.3%, respectively, with broad-based organic sales growth and cost savings. Organic sales grew 2%. Procter & Gamble even raised the organic sales growth guidance to 2–3% (prior +2%). Productivity improvement and aggressive cost saving have consistently improved margins. Core gross margin was up 70 basis points with the trend expected to continue in the upcoming quarters. As part of the Feb 2012 restructuring plan, Procter & Gamble announced a target to reduce non-manufacturing or overhead enrollment by 10% over the next five years. Through Dec 31, 2016, the company reduced non-manufacturing enrollment by approximately 26% and expects to slash non-manufacturing or overhead roles by about 25–30% by the end of fiscal 2017.