Core Insights - Procter & Gamble (PG) reported revenue of $22.21 billion for the quarter ended December 2025, reflecting a year-over-year increase of 1.5% and an EPS of $1.88, unchanged from the previous year [1] - The revenue fell short of the Zacks Consensus Estimate of $22.29 billion by 0.36%, while the EPS exceeded the consensus estimate of $1.87 by 0.33% [1] Financial Performance Metrics - Organic Sales Growth in Beauty was 4%, surpassing the estimated 2.2% [4] - Organic Sales Growth in Baby, Feminine & Family Care declined by 4%, worse than the estimated -2.2% [4] - Organic Sales Growth in Health Care was 3%, exceeding the average estimate of 1% [4] - Net Sales in Beauty reached $4.04 billion, above the estimated $3.99 billion, marking a year-over-year increase of 5% [4] - Net Sales in Grooming were $1.79 billion, slightly below the estimated $1.8 billion, with a year-over-year increase of 2.4% [4] - Net Sales in Corporate were $160 million, below the estimated $166.23 million, with a year-over-year increase of 0.6% [4] - Net Sales in Fabric & Home Care were $7.69 billion, slightly above the estimated $7.67 billion, with a year-over-year increase of 1.5% [4] - Net Sales in Baby, Feminine & Family Care were $5.12 billion, below the estimated $5.28 billion, reflecting a year-over-year decline of 3.3% [4] - Net Sales in Health Care were $3.41 billion, exceeding the estimated $3.31 billion, with a year-over-year increase of 4.8% [4] Earnings Performance - Earnings before income taxes in Beauty were $992 million, below the average estimate of $1.07 billion [4] - Earnings before income taxes in Grooming were $531 million, below the average estimate of $577.96 million [4] - Earnings before income taxes in Health Care were $1.01 billion, slightly above the estimated $995.8 million [4] Stock Performance - P&G shares returned +1.1% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Insights - Procter & Gamble (PG) shares rose by 2.3% following the earnings report [1][2] - The company reported adjusted earnings per share of $1.88, exceeding the expected $1.86 [1][2] - However, revenue of $22.1 billion fell short of expectations due to weakened demand in categories such as Gillette and Pampers [1][2]

Core Viewpoint - Procter & Gamble (PG.US) reported a slight increase in sales but exceeded earnings expectations, indicating resilience in its financial performance despite challenges in revenue growth [1] Financial Performance - Procter & Gamble's Q2 sales revenue reached $22.21 billion, reflecting a year-over-year growth of 1.5%, which was slightly below analysts' expectations of $22.32 billion [1] - The core earnings per share (EPS) were reported at $1.88, surpassing the anticipated $1.86 [1] Future Outlook - For the full year, Procter & Gamble maintains its forecast for organic sales growth to be between 0% and 4%, compared to analysts' expectations of a 1.7% increase [1]

Core Insights - A 70-year-old investor with a $2.5 million portfolio primarily in blue-chip dividend stocks is questioning the safety of a conservative investment strategy [2][4] - The portfolio consists of five established companies: Johnson & Johnson, Microsoft, Procter & Gamble, Coca-Cola, and Verizon, which are known for their strong margins and consistent dividend payments [2][3] - The current weighted average yield of the portfolio is approximately 3.1%, generating an estimated annual income of around $77,500, which falls short of the $100,000 target based on a 4% withdrawal rate [4][5] Portfolio Analysis - The portfolio's holdings yield: Johnson & Johnson at 2.31%, Microsoft at 0.74%, Procter & Gamble at 2.85%, Coca-Cola at 2.86%, and Verizon at 6.92% [3][4] - Over the past decade, Microsoft has significantly outperformed with a return of 893%, while Verizon, despite its high yield, only gained 47% [5][6] - A portfolio equally weighted across these five stocks would have grown approximately 285% over 10 years, surpassing the S&P 500's gain of 253% [6][7] Risk and Growth Considerations - The investor's portfolio is 100% equities, which may seem aggressive; however, four of the five holdings have betas below 0.40, indicating lower volatility compared to the market [8] - Only Microsoft, with a beta of 1.07, provides significant growth exposure, while the other stocks are more defensive [8]

Market Overview - U.S. stocks traded higher, with the Dow Jones index gaining approximately 300 points, up 0.63% to 49,387.01, NASDAQ up 0.77% to 23,402.89, and S&P 500 up 0.51% to 6,910.38 [1] Sector Performance - Communication services shares increased by 1.7% on Thursday, while energy stocks dipped by 0.4% on Wednesday [2] Company News - Procter & Gamble Company (NYSE:PG) stock rose around 2% after reporting second-quarter adjusted earnings per share of $1.88, exceeding the analyst consensus estimate of $1.86, although quarterly sales of $22.208 billion fell short of the expected $22.282 billion [3] Commodity Market - Oil prices decreased by 1.9% to $59.47, while gold prices increased by 0.2% to $4,845.00. Silver rose by 1.7% to $94.215, and copper fell by 0.4% to $5.7450 [5] European Market - European shares were higher, with the eurozone's STOXX 600 gaining 1.4%, Spain's IBEX 35 Index up 1.5%, London's FTSE 100 up 0.7%, Germany's DAX up 1.5%, and France's CAC 40 up 1.5% [6] Asian Market - Asian markets closed higher, with Japan's Nikkei gaining 1.73%, Hong Kong's Hang Seng Index up 0.17%, China's Shanghai Composite up 0.14%, and India's BSE Sensex rising 0.49% [7] Notable Stock Movements - 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP) shares surged 297% to $7.94 following a partnership announcement. iOThree Limited (NASDAQ:IOTR) shares increased by 80% to $5.28, and Creative Media & Community Trust Corporation (NASDAQ:CMCT) shares rose 63% to $4.7750 after closing the sale of its lending division. Conversely, C3is Inc. (NASDAQ:CISS) shares dropped 37% to $0.0888 due to a reverse stock split announcement [9] Economic Indicators - U.S. initial jobless claims rose by 1,000 to 200,000 for the week ending Jan. 17. The U.S. economy grew at an annualized rate of 4.4% in the third quarter, surpassing the preliminary estimate of 4.3% and marking the strongest growth since the third quarter of 2023 [10]

Core Insights - Procter & Gamble (P&G) has seen its stock increase over 10,000% since the 1980s, but it has struggled to attract market attention recently [1] - The company's recent quarterly earnings are not expected to significantly change its market status, with geopolitical factors influencing investor behavior [2] Business Backdrop - Over the past decade, P&G has focused on a tighter portfolio of essential brands, moving away from food and smaller brands, which has allowed it to outperform competitors like Unilever [4] - Growth is now more reliant on pricing, product mix, and cost control rather than volume gains from innovation, making the company vulnerable in a tightening consumer environment [5] Quarterly Performance - For the quarter ending December 31, P&G reported $22.2 billion in sales, a 1% increase from the previous year, but organic sales remained flat due to a 1% drop in volume [6] - The decline in volume affected various segments, with Baby, Feminine, and Family Care seeing a 4% drop in organic sales, while Health Care and Beauty performed better due to premium products [7] Margin Pressures - Tariffs have significantly impacted P&G's margins, with an expected $400 million in after-tax tariff costs for fiscal 2026, leading to a 60 basis point decline in margins [8]

Procter & Gamble reported mixed quarterly results on Thursday, as demand weakened across several everyday categories and consumers continued to stay cautious with household spending. The company beat ... ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Financial Data and Key Metrics Changes - The company reported organic sales growth of nearly 3%, with volume down one point and pricing up one point, resulting in flat mix for the quarter [4][6] - Core earnings per share (EPS) were $1.88, consistent with the prior year, while core gross margin decreased by 50 basis points and operating margin fell by 70 basis points [6][7] - Adjusted free cash flow productivity was 88%, with $4.8 billion returned to shareholders, including $2.5 billion in dividends and $2.3 billion in share repurchases [7] Business Line Data and Key Metrics Changes - Seven out of ten product categories either held or grew organic sales, with hair care growing mid-single digits and skin and personal care, personal health care, home care, and oral care each up low single digits [4][5] - Baby care and family care were down low singles, with family care specifically down approximately 10% due to base period dynamics [5] - Organic sales excluding family care were up 1% for the quarter [5] Market Data and Key Metrics Changes - Organic sales in North America were down 2%, with volume down three points, while European focus market organic sales were up 1% [5][6] - Greater China organic sales grew 3%, driven by Pampers and SK2, each up mid-teens or more [5] - Latin America organic sales were up 8%, with solid growth across Mexico, Brazil, and other smaller markets [6] Company Strategy and Development Direction - The company is focused on strong innovations supported by sharper consumer communication and retail execution, particularly in Greater China and Mexico [8][10] - A commitment to an integrated growth strategy is emphasized, aiming to deliver significant growth and value creation [11][12] - The company is undergoing a longer-term reinvention to adapt to changing consumer preferences and market dynamics, leveraging data and technology for competitive advantage [14][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging start to the fiscal year due to softer consumer markets and aggressive competition but expects stronger results in the second half [22] - The company maintains its fiscal year 2026 guidance for organic sales growth in line to plus 4%, with expectations for improved performance in the U.S. as interventions take hold [22][23] - Management is confident in the near-term performance improvements driven by ongoing innovations and execution changes [20][34] Other Important Information - The company is focused on leveraging insights and capabilities to drive growth in high-potential segments, particularly in e-commerce and premium product offerings [67][68] - A restructuring program is in place to enhance operational efficiency and productivity, with expectations for growth without significant additional investments [53][54] Q&A Session Questions and Answers Question: Confidence in near-term acceleration and fundamental improvement - Management highlighted strong growth outside the U.S., particularly in Latin America and Europe, as evidence of underlying acceleration, with expectations for improved U.S. results as base period headwinds diminish [30][32] Question: Excitement about the longer-term "reinvention" of P&G - Management expressed enthusiasm about leveraging shifts in the media and retail landscape, along with the company's strengths in consumer understanding and innovation capabilities [36][37] Question: Category segment improvements and timeline for operational enhancements - Management indicated that improvements are expected across various categories, with a timeline of 12 to 18 months for full integration of operational enhancements [46][47] Question: Investment levels and balance between restructuring and growth - Management clarified that significant investments have already been made in technology and infrastructure, with future capital expenditures focused on capacity building rather than major new investments [51][53] Question: Priorities for driving better execution and organic sales growth in the U.S. - Management emphasized the need to adjust brand building plans to reflect changes in media consumption, innovate with a focus on core products, and enhance consumer value across categories [60][61]

The Procter & Gamble Company (NYSE:PG) Q2 2026 Earnings call January 22, 2026 08:30 AM ET Company ParticipantsAndre Schulten - CFOShailesh Jejurikar - CEOConference Call ParticipantsChris Carey - AnalystDara Mohsenian - AnalystKaumil Gajrawala - AnalystEdward Lewis - AnalystSteve Powers - AnalystOlivia Tong - AnalystRobert Moskow - AnalystRobert Ottenstein - AnalystBonnie Herzog - AnalystPeter Galbo - AnalystLauren Lieberman - AnalystAndrea Teixeira - AnalystFilippo Falorni - AnalystKevin Grundy - AnalystMi ...