The Procter & Gamble Company reported Q3 2026 net sales of $21.2 billion, an increase of 7% from the previous year.
Organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, increased 3% compared to 2025.
Diluted net earnings per share were $1.63, a six percent increase compared to the previous year, driven by a gain from the dissolution of the Glad joint venture. Core earnings per share were $1.59, a three percent increase.
P&G’s beauty division, featuring Olay, Head & Shoulders, and Pantene, stood out this quarter with a 5% increase in volume.
P&G President and Chief Executive Officer Shailesh Jejurikar, told investors, “We delivered a solid acceleration in top-line results in our fiscal third quarter, with broad-based growth across product categories and regions. We’re increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment, while still maintaining our guidance ranges for the fiscal year.”
“We continue to believe the best path to sustainable, balanced growth is by strengthening execution of our integrated growth strategy. We are confident in the progress we’re making and excited about the longer-term opportunity to leverage P&G’s strengths and unique capabilities to create the CPG company of the future.”
P&G CFO Andre Schulten told reporters that consumer demand remains relatively stable. “You have some consumers looking for value in larger pack sizes. They shop in clubs, they shop online and at the big box retailers. And then you have some level of consumers that are looking for value in smaller pack sizes. They’re looking for smaller cash outlays and promotions. That dynamic continues.”
Shares of the company rose roughly 4% in premarket trading following the announcement.
By CEO NA Editorial Staff
