Procter & Gamble's Strong 1Q Earnings Exceed Expectations Amid Reduced Tariff Impact

Reported about 18 hours ago

Procter & Gamble's fiscal first-quarter results surpassed Wall Street projections, reporting earnings of $4.75 billion, or $1.95 per share. The consumer goods company expects less impact from tariffs for fiscal 2026, reducing its estimated costs from $800 million to $400 million. Revenue reached $22.39 billion, driven by strong sales in beauty and grooming products. P&G maintains a positive outlook for full-year earnings between $6.83 and $7.09 per share, with sales growth forecasted at 1% to 5%.

Source: YAHOO

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