P&G Announces Results for the Third Quarter of Fiscal Year 2026

“We delivered a solid acceleration in top-line results in our fiscal third quarter, with broad-based growth across product categories and regions,” said Shailesh Jejurikar, President and Chief Executive Officer. “We’re increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment, while still maintaining our guidance ranges for the fiscal year. We continue to believe the best path to sustainable, balanced growth is by strengthening execution of our integrated growth strategy. We are confident in the progress we’re making and excited about the longer- term opportunity to leverage P&G’s strengths and unique capabilities to create the CPG company of the future.”

Our top- and bottom-line results for the January-March quarter accelerated versus year ago and the prior quarter.

• Organic sales grew more than 3%.
• All 10 categories grew.
• All regions grew, with Focus markets up 3% and Enterprise Markets up 5%.
• Core earnings per share were up 3%.
• Adjusted free cash flow productivity was 82%.
• We returned $3.2 billion in cash to shareowners through $2.5 billion in dividends and over $600 million in share repurchases.
• We announced a 3% increase in our dividend, marking the 70th consecutive annual dividend increase, and the 136th consecutive year P&G has paid a dividend.

In summary, this was a solid quarter of progress. Positive sales and share trends and earnings growth in a difficult environment. Geopolitical dynamics have thrown new challenges in front of us, but we will continue to fully support the business to maintain the momentum we’re creating.

We remain committed to the integrated growth strategy that is the foundation for balanced growth and value creation:

• A focused portfolio of products in daily use categories where performance drives brand choice.
• Irresistible superiority across the five vectors of product, package, brand communication, retail execution and value — to delight consumers and grow markets.
• Productivity improvement in all areas of our operations to fund investments in innovation, brand building and market growth, to mitigate cost and currency challenges, and to expand margins and generate cash.
• Constructive disruption of ourselves and our industry — a willingness to change, adapt and create new trends, technologies and capabilities that will shape the future of our industry.
• An empowered, agile and accountable organization that is inclusive and diverse — enabling us to better serve an increasingly diverse set of consumers.

For a deeper dive into the results announced today read our press release. Slides and the webcast replay of earnings results are available at www.pginvestor.com/event.