P&G holds core earnings outlook despite larger commodity-cost burden
Procter & Gamble ($PG) reported fiscal first-quarter 2027 revenue of $23.28 billion, up 4%, with organic sales also increasing 4%. Volume growth contributed to the improvement, while GAAP earnings reached $1.97 per share and core earnings were $2.00, each approximately 1% above the prior-year period. Operating cash flow totaled $5.8 billion. The consumer-products group maintained its fiscal 2027 core earnings outlook despite increasing its expected after-tax commodity-cost headwind to $1.4 billi
0