Procter & Gamble cautioned that its fiscal 2026 earnings per share will come in toward the lower end of its guidance range, citing higher commodity costs, tariffs, and interest rates. The consumer staples giant maintained its full-year sales growth outlook of 1% to 4% and organic sales flat to up 4% when it reported fiscal third-quarter results three months ago. CEO Shailesh Jejurikar highlighted a challenging geopolitical and economic environment, and the stock has fallen 7% over the past year while the S&P 500 gained 16%. With the July 29 earnings release approaching, investors may wait for fiscal 2027 guidance before buying, though the Dividend King’s 2.9% yield is near five-year highs.
Procter & Gamble CompanyHigher commodity costs cited as a headwind to earnings.