P&G Announces Fiscal Year 2027 First Quarter Results
Key Highlights
- ➤P&G first-quarter net sales $23.3B, up 4% year over year
- ➤Organic sales rose 4%, driven by 2% volume growth
- ➤Core EPS increased 1% to $2.00; diluted EPS reached $1.97
- ➤Fiscal 2027 organic sales and EPS growth guidance maintained
- ➤All-in sales growth guidance updated to 2%-4% for Thorne acquisition
Expert Statements
Shailesh Jejurikar, Chairman of the Board, President and Chief Executive Officer of P&G
“Our solid sales, earnings and cash results in the first quarter reflect sharpened execution of our integrated strategy.”
Shailesh Jejurikar, Chairman of the Board, President and Chief Executive Officer of P&G
“While we expect there will continue to be geopolitical and economic challenges, this strong start keeps us on track to deliver within our guidance ranges for organic sales growth, core EPS growth and free cash flow productivity for the fiscal year.”
Shailesh Jejurikar, Chairman of the Board, President and Chief Executive Officer of P&G
“We remain committed to our strategy to delight consumers with superior products at a superior value by putting the consumer first in everything we do.”
Shailesh Jejurikar, Chairman of the Board, President and Chief Executive Officer of P&G
“We are confident in the near term and excited about the future.”
MAINTAINS FISCAL YEAR ORGANIC SALES, EPS GROWTH AND CASH RETURN GUIDANCE
The Procter & Gamble Company (NYSE:PG) reported first quarter fiscal year 2027 net sales of $23.3 billion, an increase of four percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, also increased four percent versus the prior year. Diluted net earnings per share were $1.97, an increase of one percent versus prior year as the increase in net sales was partially offset by an increase in operating costs. Core earnings per share were $2.00, an increase of one percent versus the prior year.
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