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P&G Surpasses Earnings Expectations, Announces Job Cuts

10/24/2025

Summary

Story summary

Procter & Gamble (P&G) reported first-quarter earnings of $1.99 per share, surpassing analysts' expectations by 9 cents, driven by robust sales in beauty and grooming products.
Revenue reached $22.39 billion, up 3% from the previous year.
P&G's operating margins remain superior to Colgate-Palmolive and Unilever.
P&G will cut its annual tariff-cost estimate to $400 million after Canada lifted retaliatory duties.
P&G is restructuring its operations, including about 7,000 job cuts.

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Story summary

Procter & Gamble (P&G) reported first-quarter earnings of $1.99 per share, surpassing analysts' expectations by 9 cents, driven by robust sales in beauty and grooming products.
Revenue reached $22.39 billion, up 3% from the previous year.
P&G's operating margins remain superior to Colgate-Palmolive and Unilever.
P&G will cut its annual tariff-cost estimate to $400 million after Canada lifted retaliatory duties.
P&G is restructuring its operations, including about 7,000 job cuts.