The Procter & Gamble Company (PG) reported first-quarter fiscal 2027 results, posting a 4% increase in both net sales and organic sales to $23.3 billion. The company also updated its full-year fiscal 2027 sales growth guidance to a range of 2% to 4% to account for its recent acquisition of Thorne, while maintaining its outlook for organic sales and earnings per share growth.
Key Details
- Q1 FY27 Results: Net sales of $23.3 billion (+4% YoY), organic sales +4% YoY, and Core EPS of $2.00 (+1% YoY).
- Updated FY27 Guidance: All-in sales growth guidance was updated to a range of 2% to 4% to reflect the Thorne acquisition, effective October 1, 2026.
- Maintained FY27 Outlook: The company reaffirmed its guidance for organic sales growth of 1% to 3%, core EPS growth of in-line to 3%, and plans to return approximately $15 billion to shareholders via dividends (over $10 billion) and share repurchases (approximately $5 billion).