Premarket P&G (PG) Stock Report: Beauty Boom, Tariff Relief & Analyst Targets
P&G reported Q1 FY2026 net sales of $22.39 billion, up 3% year over year, and adjusted EPS of $1.99, beating forecasts. Organic sales rose 2% on higher pricing and product mix, with beauty and grooming segments leading growth. Management reaffirmed full-year guidance and cut expected tariff headwinds to $400 million after Canada lifted duties. CEO Jon Moeller will retire in January 2026, succeeded by COO Shailesh Jejurikar.