Launch Catch-Up — Results Announced October 22, 2026
Procter & Gamble reported net sales of $23.3 billion for its fiscal 2027 first quarter, a 4% increase from a year earlier, in an October 22 announcement.
The quarter covers July through September 2026. Organic sales, which exclude currency movements and acquisitions or divestitures, also increased 4%.
Reported earnings rose 1% to $1.97 a diluted share. Core earnings, a supplemental measure adjusted for specified costs, increased 1% to $2. P&G generated $5.8 billion in operating cash and returned $3.9 billion through dividends and share repurchases.
The company updated its annual net-sales growth forecast to 2%–4%, reflecting the October 1 acquisition of Thorne. It maintained its organic sales growth outlook of 1%–3%.
P&G expects approximately $1.4 billion in after-tax commodity cost pressures for the fiscal year, citing raw materials, energy and transport. Its annual outlook remains a forecast, with future costs and demand subject to change.
Sources P&G — October 22 results: https://us.pg.com/newsroom/news-releases/PG-Announces-Fiscal-Year-2027-First-Quarter-Results/