The earnings call reflects a cautious outlook with several challenges such as slowing consumer demand in key markets, headwinds from currency and commodity costs, and geopolitical tensions. However, there are positive signs with consistent market share performance, strong innovation pipelines, and robust growth in Latin America. The company's commitment to innovation and dividend growth provides a balanced perspective amidst a volatile environment.

Company Guidance

In the fiscal 2025 guidance provided by The Procter & Gamble Company, CFO Andre Schulten highlighted an expected organic sales growth of approximately 2% for the fiscal year, with fourth-quarter growth anticipated to be between 0.5% and 4.5%. The core EPS forecast is set at $6.72 to $6.82 per share, indicating an increase of 2% to 4% from the previous year. Despite challenging market conditions, the company plans to maintain robust investment levels in innovation and brand superiority, supported by a forecasted 90% adjusted free cash flow productivity. The company returned $3.8 billion to shareholders in the third quarter and plans to return $16 to $17 billion over the fiscal year. Additionally, a headwind of approximately $200 million from commodity costs and foreign exchange rates, along with a $100 to $160 million impact from tariffs in Q4, is anticipated. The guidance underscores Procter & Gamble's strategic focus on productivity improvements and innovation to navigate through macroeconomic volatility and deliver sustained growth.

Organic Sales Growth

Organic sales for the quarter grew 1%, with volume and mix in line with the prior year and pricing adding one point to organic sales growth.

Encouraging Market Share Trends

Market share held up well within the quarter, and private label shares in both the US and Europe continue to trend downwards.

Innovation and Market Expansion

Notable innovations include Crest 3D White Deep Stain Remover and Oral-B iO10 and iO2 toothbrushes, which have driven market share growth.

Dividend Increase

Procter & Gamble announced a 5% increase in their dividend, marking the 69th consecutive annual dividend increase.

Strong Performance in Latin America

Latin America delivered 6% organic sales growth despite difficult consumer dynamics in Mexico.

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Procter & Gamble (PG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2025	2025 (Q4)	1.42 / -	1.4	―	―	―
Apr 24, 2025	2025 (Q3)	1.52 / 1.54	1.52	1.32% (+0.02)
Jan 22, 2025	2025 (Q2)	1.86 / 1.88	1.84	2.17% (+0.04)
Oct 18, 2024	2025 (Q1)	1.90 / 1.93	1.83	5.46% (+0.10)
Jul 30, 2024	2024 (Q4)	1.37 / 1.40	1.37	2.19% (+0.03)
Apr 19, 2024	2024 (Q3)	1.42 / 1.52	1.37	10.95% (+0.15)
Jan 23, 2024	2024 (Q2)	1.70 / 1.84	1.59	15.72% (+0.25)
Oct 18, 2023	2024 (Q1)	1.72 / 1.83	1.57	16.56% (+0.26)
Jul 28, 2023	2023 (Q4)	1.32 / 1.37	1.21	13.22% (+0.16)
Apr 21, 2023	2023 (Q3)	1.32 / 1.37	1.33	3.01% (+0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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PG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 24, 2025	$165.73	$159.53	-3.74%
Jan 22, 2025	$159.74	$162.73	+1.87%
Oct 18, 2024	$169.18	$169.19	<+0.01%
Jul 30, 2024	$166.87	$158.79	-4.84%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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