Procter & Gamble Maintains Course Despite Cost and Currency Pressures

Procter & Gamble (NYSE: PG) reported a revenue growth of 3% for the first quarter of the fiscal year 2026, amounting to $22.4 billion. The organic growth, adjusted for currency fluctuations as well as acquisitions and divestitures, was at 2%. Diluted EPS rose significantly by 21% to $1.95, mainly attributed to higher restructuring costs from the previous year. The adjusted core earnings per share (Core EPS) increased by 3% to $1.99, while analyst estimates had only projected $1.90. The organic cash flow reached $5.4 billion, and the net profits...