Keep pulling the thread on Jon Moeller.
For Q1 2026, Procter & Gamble reported earnings of $1.99 per share, which beat estimates of $1.90 per share.
Procter & Gamble's Q1 2026 revenue was $22.4 billion, beating estimates of $22.2 billion.
Procter & Gamble affirmed its full-year guidance following its Q1 2026 results.
Jon Moeller will step down as CEO of Procter & Gamble on January 1st to become the executive chairman.
Procter & Gamble has achieved 40 consecutive quarters of organic sales growth.
Procter & Gamble is on track to deliver its 10th consecutive year of earnings per share growth.
Procter & Gamble has reduced its projected tariff headwind for fiscal year 2020 by half, from $800 million to $400 million.
In Q1 2026, Procter & Gamble's sales volumes were flat compared to the prior year, while pricing increased by 1%.
In Q1 2026, 8 out of 10 of Procter & Gamble's product categories and 6 out of 7 of its regions either held or grew sales.
Canada rescinded its retaliatory tariffs, which provided a significant benefit to Procter & Gamble.
Following Canada's removal of retaliatory tariffs, Procter & Gamble reversed or rescinded its planned price increases in the country.
The U.S. administration reduced or eliminated tariffs on certain imported ingredients that lack a domestic production source, benefiting Procter & Gamble.