Procter & Gamble Company (PG)

The company now

Procter & Gamble reported on 22 October 2026 that net sales for the first quarter of its fiscal 2027, the three months to September, rose 4 percent to $23.3 billion 1. Organic sales, which leave out currency moves and deals, also rose 4 percent, helped by 2.4 percent more units sold 1.

Profit barely moved: net earnings were $4.8 billion, the same as a year earlier, because costs rose as fast as sales 1. The gross margin, the share of sales left after production costs, fell 160 basis points, driven by 140 basis points of higher commodity costs and 140 of spending to improve products 1.

Shailesh Jejurikar, chief executive since 1 January 2026, credited "sharpened execution" of the company's strategy 15. The company now expects about $1.4 billion after tax of higher raw material, energy and transport costs this fiscal year, up from about $1 billion when it first guided in July 14.

On 1 October the company closed its purchase of Thorne, a maker of premium supplements, for $3.9 billion in cash 2. To help pay for it, it sold €3.25 billion of euro notes on 27 October alongside $4.0 billion (computed) of dollar notes 16. Thorne's results first appear in the quarter to 31 December 2026, the next test of whether the deal adds growth 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.