The Procter & Gamble Firm (NYSE: PG) is about to report its first-quarter outcomes on Friday, with Wall Road analysts forecasting a modest YoY enhance in gross sales. The corporate is leaning on productiveness positive factors and strategic pricing to ease the impression of financial uncertainties on the enterprise, however has warned of great tariff headwinds within the present fiscal yr. P&G is the biggest shopper items firm, persistently dominating in classes like Cloth & Homecare and Grooming.
Estimates
P&G will publish its first-quarter 2026 monetary outcomes on Friday, October 24, at 7:00 am ET. It’s estimated that core earnings declined modestly to $1.90 per share in Q1 from $1.93 per share within the year-ago quarter. The consensus gross sales estimate for the September quarter is $22.17 billion, which represents a 2% year-over-year enhance. In This fall, each gross sales and revenue beat analysts’ expectations, after lacking within the prior quarter.
Based mostly on the final closing value, P&G shares have slid about 14% since hitting an all-time excessive in December final yr. After getting into 2025 on a constructive word, PG misplaced momentum and has skilled excessive volatility, sustaining a downtrend. The worth has dropped about 10% because the starting of the yr.
Gross sales Rise
Within the fourth quarter of FY25, Procter & Gamble’s web gross sales have been $20.9 billion, up 2% versus This fall 2024. Natural gross sales elevated 2%. Core earnings, excluding particular gadgets, rose 6% yearly to $1.48 per share within the fourth quarter. Unadjusted web revenue attributable to shareholders was $3.6 billion, up 15% from the prior-year interval.
From Procter & Gamble’s This fall 2024 Earnings Name:
“The innovation plans throughout the companies are broad and powerful as every class workforce works to extend their margin of superiority and shopper delight. Superior improvements which are pushed by deep shopper insights communicated to customers with simpler and environment friendly advertising applications, executed in shops and on-line at the side of retailer methods to develop classes and our manufacturers and priced to ship superior worth throughout every value tier the place we compete.”
Outlook
The P&G management stated it expects gross sales to develop 1-5% in fiscal 2026, and core earnings per share to be flat to up 4%. The steerage for full-year reported earnings per share progress is 3-9%. The corporate sees $1 billion in extra prices associated to new import tariffs, and targets a mid-single-digit enhance in costs of merchandise affected by tariffs, which of about 25% of all gadgets. Earlier this yr, the corporate introduced an organizational restructuring, with a deal with ramping portfolio and streamlining the availability chain. The revamp will embrace the discount of round 7,000 non-manufacturing roles.
On Tuesday, Procter & Gamble shares opened at $151.96 and traded largely decrease throughout the session. The typical inventory value for the final 52 weeks is $163.08.
