Procter & Gamble<\/a> on Friday reported fiscal first-quarter\u00a0earnings\u00a0and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products.<\/p>\nDespite higher costs from tariffs and what CEO Jon Moeller called a “challenging consumer and geopolitical environment,” P&G reiterated its forecast for all-in sales and earnings for the fiscal year, which began in July.<\/p>\n
Shares of the company rose 3% in premarket trading.<\/p>\n
Here’s what the company reported for the quarter ended Sept. 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:<\/p>\n
Earnings\u00a0per share: $1.99 adjusted vs. $1.90 expectedRevenue: $22.39 billion vs. $22.18 billion expected<\/p>\n
P&G reported fiscal first-quarter net 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.<\/p>\n
Excluding items, including costs associated with incremental restructuring, the consumer giant earned $1.99 per share.<\/p>\n
Net sales\u00a0rose 3% to $22.39 billion. Organic sales, which strips out the impact of acquisitions, divestitures and foreign currency, increased 2% in the quarter<\/p>\n
Though revenue metrics were higher, P&G’s volume was flat compared with the year-ago period. Volume excludes pricing, which makes it a more accurate reflection of demand than sales.<\/p>\n
Like many consumer companies, P&G has seen demand for some of its products fall as inflation-weary consumers seek out deals.<\/p>\n
For example, P&G reported that volume for both its health care and fabric and home care divisions fell 2% during the quarter.<\/p>\n
The company’s baby, feminine and family care segment reported flat volume for the quarter. That division includes brands like Pampers and Tampax.<\/p>\n
P&G’s beauty business was a bright spot. The division, which includes brands like Olay and SK-II, reported volume growth of 4% and overall sales growth of 6%.<\/p>\n
And P&G’s grooming business, which includes Gillette and Venus razors, saw volume rise 1% in the quarter for a sales increase of 5%.<\/p>\n
This story is developing. Please check back for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in…\n","protected":false},"author":2,"featured_media":248449,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[448,10906,116,28,122,11588,8084,35763,112,25309,4322,5682],"class_list":["post-248448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-breaking-news-business","tag-breaking-news-earnings","tag-breaking-news-markets","tag-business","tag-business-news","tag-dividends","tag-earnings","tag-jon-moeller","tag-markets","tag-procter-gamble-co","tag-restaurants","tag-retail-industry"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/248448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=248448"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/248448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/248449"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=248448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=248448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=248448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}