P&G Reports Q4 EPS Decline, Flat Organic Sales; Issues Modest FY27 Guidance with Cost Headwinds
PG is trading near its 52-week low of $137.62 (5.4% above the low).
Summary
P&G reported a 15% diluted EPS decline and flat organic sales for Q4 FY2026, with full-year core EPS up only 1%. The company issued modest FY2027 guidance for sales and EPS growth, citing significant cost headwinds.
Key Events · Earnings and Guidance · PG
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Q4 FY2026 Results Miss Expectations
For the fourth quarter, net sales increased 2% to $21.2 billion, but organic sales were flat. Diluted EPS decreased 15% to $1.26, and Core EPS decreased 3% to $1.43.
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FY2026 Full Year Modest Growth
Fiscal year 2026 net sales increased 3% to $87.0 billion, with organic sales up 1%. Diluted EPS increased 2% to $6.62, and Core EPS increased 1% to $6.89.
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FY2027 Guidance Reflects Headwinds
P&G expects FY2027 all-in and organic sales growth of 1-3%. Diluted EPS growth is projected at 1-5%, and Core EPS growth is expected to be in-line to 3%, with an 8% drag from approximately $0.56 per share in cost headwinds.
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Continued Shareholder Returns
The company returned over $15 billion to shareholders in FY2026 through $10.2 billion in dividends and $5.0 billion in share repurchases, and plans similar returns for FY2027.
Analysis · PG · Industrial Applications And Services
Procter & Gamble reported a significant 15% decline in diluted EPS and a 3% drop in core EPS for the fourth quarter, alongside flat organic sales. While full-year 2026 results showed modest growth, the outlook for fiscal year 2027 projects only 1-3% sales growth and in-line to 3% core EPS growth. This modest guidance is further dampened by an estimated 8% drag on core EPS from substantial cost headwinds, including higher raw materials, energy, transportation, and interest expenses. This indicates a challenging operating environment and a cautious outlook for a major consumer staples company.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, PG was trading at $145.00 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $346.7B. The 52-week trading range was $137.62 to $167.25. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.