P&G flags bigger hit to annual profit from higher commodity costs, beats revenue estimates

P&G raises 2027 cost outlook to $1.4 billion as higher oil prices squeeze profits

P&G raises its 2027 cost outlook to $1.4 billion as oil prices and freight costs rise, putting pressure on profits despite strong quarterly sales.

P&G flags bigger hit to annual profit from higher commodity costs, beats revenue estimates

Its first-quarter net sales rose 4% to US$23.28 billion, beating analysts’ estimates of US$22.80 billion Read more at The Business Times.

P&G tops revenue estimates, expects bigger annual profit hit from commodity costs

First-quarter net sales rose 4 per cent to $23.28-billion

P&G flags bigger hit to annual profit from higher commodity costs, beats revenue estimates

By Juveria Tabassum and Alexander Marrow Oct 22 (Reuters) - Procter & Gamble on Thursday warned of a profit hit from higher commodity-related costs this year, even as first-quarter sales beat Wall ​Street estimates, helped by demand for its beauty and ...

P&G raises 2027 cost outlook to $1.4 billion as higher oil prices squeeze profits - THE LOCAL REPORT ARTICLES

Procter & Gamble (P&G), the company that makes Tide detergent and Pantene shampoo, warned on Thursday that rising raw material, energy and transportation costs could reduce its annual profit by more than expected. However, strong demand for its beauty and home-care products helped the company report better-than-expected sales for the first quarter. P&G raises its ... Read more The post P&G raises 2027 cost outlook to $1.4 billion as higher oil p…

P&G Warns Of $1.4bn Profit Hit As Raw Material, Freight Costs Rise

Procter & Gamble (P&G) has warned that rising raw material, energy and freight costs could reduce its fiscal 2027 profit by approximately $1.4bn, raising concerns about mounting inflationary pressures across the consumer goods industry. The company, which manufactures household and personal care products, including Tide detergent and Pantene shampoo, raised its projected cost impact from […] P&G Warns Of $1.4bn Profit Hit As Raw Material, Freigh…