Boxes of Tide Pods dishwasher detergent are on display at a Costco Wholesale store on July 12, 2025 in San Diego, California.
Kevin Carter | Getty Images News | Getty Images
Procter & Gamble On Friday, the company reported first-quarter profits and revenue that beat analysts’ expectations, driven by increased demand for its beauty and personal care products.
However, the company warned that it expects higher tariff-related costs in fiscal 2026, which began this month. Despite what CEO Jon Moeller called a “challenging consumer and geopolitical environment,” P&G reiterated its overall sales and profit guidance for the fiscal year.
Shares of the company rose about 2% in premarket trading.
Here’s what the company reported for the quarter ended September 30 versus what Wall Street expected, based on a survey of analysts by LSEG:
- Earnings per share: $1.99 adjusted versus $1.90 expected
- Revenue: $22.39 billion versus $22.18 billion expected
P&G reported first-quarter net income attributable to the company of $4.75 billion, or $1.95 per share, compared with $3.96 billion, or $1.61 per share, a year earlier.
Excluding items including costs associated with a gradual restructuring, the consumer giant earned $1.99 per share.
Net sales rose 3% to $22.39 billion. Organic sales, which exclude the impact of acquisitions, divestitures and foreign currencies, increased 2% in the quarter.
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