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Boxes of Tide Pods dishwasher detergent are displayed at a Costco wholesale store on July 12, 2025 in San Diego, California.
Kevin Carter | Getty Images News | Getty Images
Procter & Gamble On Friday, it reported fiscal first-quarter profits and revenues that exceeded analysts’ expectations, helped by rising demand for beauty and personal care products.
However, the company warned that it expects tariff costs to rise in fiscal year 2026, which began in July. Despite what CEO John Mueller described as a “challenging consumer and geopolitical environment,” P&G reiterated its overall sales and earnings forecasts for the fiscal year.
The company’s shares rose about 2% in pre-market trading.
Here’s what the company reported for the quarter ending September 30 compared to what Wall Street was expecting, based on a survey of analysts conducted by LSEG:
- Earnings per share: $1.99 adjusted versus $1.90 expected
- Revenues: $22.39 billion versus $22.18 billion expected
Procter & Gamble reported first-quarter net financial income attributable to the company of $4.75 billion, or $1.95 per share, up from $3.96 billion, or $1.61 per share, a year earlier.
Excluding items, including costs associated with additional restructuring, the consumer giant earned $1.99 per share.
Net sales It rose 3% to $22.39 billion. Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, rose 2% in the quarter
P&G’s volume was flat compared to the same period last year. Volume does not include pricing, making it a more accurate reflection of demand than sales.
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