P&G Announces First Quarter Results for Fiscal Year 26/27

“Our solid sales, earnings and cash results in the first quarter reflect sharpened execution of our integrated strategy” said Shailesh Jejurikar, Chairman of the Board, President and Chief Executive Officer. “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. 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. We are confident in the near term and excited about the future.”

• Organic sales grew +4.0%
• Growth was broad-based: all product categories and all regions grew organic sales with focus markets up 4% and Enterprise markets up 5%.
• Core earnings per share were up 1%.
• Free cash flow productivity was 93%.
• We returned $3.9 billion of cash to shareowners through $2.6 billion in dividend payments and $1.3 billion in share repurchases.

This was a strong start to the year. We achieved positive sales and share trends across markets, consistent with the semester-to-semester progress we expected, behind the interventions being executed across categories, countries and customers.

While we continue to execute our plans in the near-term to return to sustainable growth, we’re also making progress on a longer-term reinvention of P&G capabilities to become the CPG Company of the Future.

For a deeper dive into the results announced today, read our press release. Slides and the webcast replay of earnings results are available at the P&G Investor Event page.