Procter & Gamble (PG.US) Q1 earnings exceed expectations across the board: organic sales up 4%, volume recovery reverses growth structure

According to Zhitong Finance APP, before the U.S. stock market opened on Thursday, October 22, Procter & Gamble (PG.US) released its first quarter financial report for fiscal year 2027. The financial report shows that the company’s Q1 net sales reached $23.3 billion, a year-on-year increase of 4%, surpassing the expected approximately $22.8 billion; core earnings per share were $2.00, up 1% year-on-year, higher than the expected $1.89. The company had previously guided for a core EPS decline of 5% or more for the quarter, but the actual result not only did not decrease, but increased.