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Procter & Gamble (PG) Q4 2026 earnings
CNBC • • business
Key Points:
- Procter & Gamble reported mixed fiscal fourth-quarter results with adjusted earnings per share of $1.43, slightly above expectations, but revenue of $21.2 billion fell short of the $21.38 billion forecast.
- Net income declined to $3.04 billion ($1.26 per share) from $3.62 billion ($1.48 per share) a year earlier, while organic revenue remained flat due to weak demand and consumers opting for cheaper alternatives.
- Volume growth was limited to the beauty division (3%) and fabric/home care segment (1%), with declines in baby/feminine care, grooming, and health care, the latter experiencing a 3% volume drop.
- For fiscal 2027, P&G projects core earnings per share between $6.89 and $7.11 and sales growth of 1% to 3%, slightly below Wall Street estimates, citing cost pressures and unfavorable currency exchange as significant headwinds.
- CEO Shailesh Jejurikar will assume the role of chair of the board starting August 1, succeeding former CEO Jon Moeller.
