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 warns of bigger cost hit from oil prices, even as consumer demand holds up

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 Beats Quarterly Forecasts But Warns Of Higher Costs Hitting Profits

Procter & Gamble (P&G) has reported stronger-than-expected first-quarter sales and earnings, supported by volume growth across its major product divisions. However, the consumer goods giant warned that rising commodity and transportation costs would put greater pressure on profitability during its (more…) The post P&G Beats Quarterly Forecasts But Warns Of Higher Costs Hitting Profits appeared first on KamCity.