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Procter & Gamble
on Thursday reported mixed quarterly results as demand for its Gillette razors and Pampers diapers fell.
The company also tweaked its earnings outlook for fiscal 2026. P&G now expects net earnings per share growth in the range of 1% to 6%, down from its prior forecast of 3% to 9%. The company attributed the change to higher restructuring charges. It reiterated its outlook for sales growth.
“We’ve now completed what we fully expect will be the softest quarter of the fiscal year,” CFO Andre Schulten said on a call with reporters Thursday.
