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P&G beauty and grooming excel in Q1, FY2027 results. Oct 23rd, 2026 Hair care organic sales increased mid-single digits driven by innovation-based pricing in North America and Latin America, favorable product mix and an increase in unit volume. The Procter & Gamble Company beauty sector continues to lead the way, with organic sales up 5% versus the first quarter of fiscal year 2027. This growth is credited to recent launches from its major brands, showing the corporation has consumers in mind. Herbal Essences launched a Papaya + Citrus Strength collection in the summer of 2026 in collaboration with Love Island Season 7 star Amaya Espinal. The collection targeted younger consumers through bright co-packaging and influencer-driven marketing. In September 2026, Procter & Gamble rolled out new Head & Shoulders formulations featuring the HydraZinc Complex, leaning on science-led product innovation. "We remain committed to our strategy to delight consumers with superior products at a superior value by putting the consumer first in everything we do. We are confident in the near term and excited about the future," said Shailesh Jejurikar, chairman of the board, president and CEO. Hair care organic sales increased mid-single digits driven by innovation-based pricing in North America and Latin America, favorable product mix and an increase in unit volume. Personal care organic sales increased mid-single digits driven by volume growth in Greater China and Europe and favorable product mix, partially offset by trade investments. Skin care organic sales increased mid-single digits due to favorable premium product mix and a unit volume increase in North America. Grooming segment organic sales increased 5%versus year ago, driven by innovation-based pricing, primarily in North America and IMETA and favorable product mix. Its major brands, Braun, Gillette and Venus, all debuted innovative launches or upgrades in 2026. "While we expect there will continue to be geopolitical and economic challenges, this strong start keeps us on track to deliver within our guidance ranges for organic sales growth, core EPS growth and free cash flow productivity for the fiscal year," said Jejurikar.

Beauty leads P&G Q1 FY2027 growth, driven by skin and hair care. Key takeaways. * P&G's Beauty segment grew net sales 6% to US$4.41 billion, the fastest of its five segments. * Hair care, skin care, and personal care each grew by mid-single digits. * Beauty net earnings slipped 1%, while higher commodity costs reduced the group's gross margin. Procter & Gamble (P&G) has reported net sales of US$23.3 billion for the first quarter of its fiscal year 2027 (July to September 2026), up 4% year-on-year. Organic sales, which exclude foreign exchange and acquisitions and divestitures, also grew 4%. P&G's Beauty segment led the group's top-line growth in the first quarter of fiscal 2027, although higher commodity costs weighed on margins across the business. The Beauty segment posted the strongest net sales growth of P&G's five segments. It rose 6% to US$4.41 billion, with organic sales up 5%. Despite the sales gains, Beauty's net earnings fell 1% to US$868 million, while earnings before tax rose 1%. The results point to steady consumer demand for P&G's beauty products, including premium skin care, but profit growth in the segment is lagging behind sales. Across the group, P&G said higher commodity costs and product reinvestments reduced gross margin by 160 basis points. In the beauty segment, Hair care grew by mid-single digits, driven by innovation-based pricing in North America and Latin America, a favorable product mix, and higher unit volumes. Personal Care also grew by mid-single digits on volume gains in Greater China and Europe. They were partly offset by trade investments.Premium skin care lifts P&G's beauty sales. Meanwhile, Skin Care organic sales increased by mid-single digits due to a stronger premium product mix and higher volumes in North America. Grooming and Oral Care. In Grooming, net sales rose 4% to US$1.89 billion, and organic sales increased 5%. This was said to be supported by innovation-based pricing, mainly in North America and IMETA (India, the Middle East, and Africa). In Health Care, Oral Care organic sales grew by low single digits as premium mix and pricing offset a decline in unit volumes. Volume growth in Home and fabric care. Fabric and Home Care organic sales increased 5% year-on-year. Both segments driven by volume increases in North America and Europe. Fabric Care growth was also attributed to a favorable geographic mix, and Home Care to a favorable product mix. Baby and Feminine Care grow. The Baby, Feminine, and Family Care segment's organic sales increased 3% versus a year ago. Baby Care organic sales increased mid-single digits, driven by a unit volume increase, primarily in Greater China and North America, and a favorable premium product mix. This was also partially offset by lower pricing, primarily in North America. Feminine Care organic sales increased in low single digits, driven by favorable product mix and innovation-based pricing, primarily in North America. This was partially offset by a unit volume decline in Europe. Family Care organic sales increased in low single digits, driven by a unit volume increase, partially offset by merchandising investments. Hair Care helped P&G's financial results. Margin pressure and outlook. Group diluted earnings per share (EPS) rose 1% to US$1.97. Core EPS was also up 1% at US$2.00. Reported gross margin fell 160 basis points, mainly due to higher commodity costs and product reinvestments, which together accounted for 280 basis points of pressure before productivity savings. "Our solid sales, earnings, and cash results in the first quarter reflect sharpened execution of our integrated strategy," says Shailesh Jejurikar, chairman of the Board, president, and CEO of P&G. "While we expect there will continue to be geopolitical and economic challenges, this strong start keeps us on track to deliver within our guidance ranges for organic sales growth, core EPS growth, and free cash flow productivity for the fiscal year." P&G raised its fiscal 2027 all-in sales growth guidance to a range of 2% to 4% to reflect its acquisition of Thorne, effective October 1, 2026. The company maintained its forecast for organic sales growth of 1% to 3% and core EPS growth of between flat and 3%, equal to US$6.89 to US$7.11 per share. P&G now expects a commodity cost headwind of about US$1.4 billion after tax for the fiscal year, driven by higher costs for raw materials, energy, and transportation. It also expects after-tax headwinds of US$300 million from higher net interest expense, US$150 million from lower non-operating income, and US$50 million from unfavorable exchange rates. Combined, these equate to a headwind of US$0.79 per share for fiscal 2027, or an 11% drag on core EPS growth.

P&G boosts Q1 beauty sales, but says it can do better. Organic sales in the consumer product giant's beauty business increased 5 percent to $4.4 billion. October 22, 2026, 4:41pm The Procter & Gamble Co.'s first-quarter organic beauty sales rose 5 percent to $4.4 billion - and the consumer products giant said there's plenty more growth to be had. Hair care, personal care and skin care, all of which live under the beauty umbrella, each saw a midsingle-digit increase in organic sales. And the division's earnings before interest and taxes increased 1 percent to $1.1 billion. In the grooming business, which includes brands like Braun, Gillette and Venus, organic sales were up 5 percent to $1.9 billion with EBIT up 6 percent to $619 million. While going over P&G's quarterly results with analysts on a conference call, chief financial officer Andre Schulten presented a picture of a company that is very much on the move. "What we are changing is nearly every part of our execution framework to identify superiority gaps even faster and respond quickly to changes needed to product, package, communication, retail execution or value to ignite user growth of our brands," he said. He said those adjustments are starting to take hold and, to prove it, pointed to the Pantene Abundant & Strong line of hair care products. "More than 50 percent of women will experience noticeable hair loss in their lifetime," Schulten said. "In the United States alone, female pattern hair loss affects approximately 30 million individuals. Pantene Abundant & Strong technology grew from research linking scalp oxidative stress to poor scalp conditions and hair quality. "This led to the development of a content bundle and strong collection with a provitamin complex proprietary formulation," he said. "Consumers are delighted with improvements in hair strength and less shedding... and a tingling sensorial experience in the shower - is delivering midsingle-digit sales growth in the U.S. and is growing share." Schulten said the company is about 60 percent down the path of fixing its category-country combinations. "We're running at 29 out of 50 top category-country combinations growing or holding share," he said. "We need to conquer the rest, and that's the task ahead. I'll tell you, our beauty team isn't content with 5 percent of growth. There's way more opportunity in that space that we need to capture." Asked on the call about P&G's business in China, the CFO described it as "in the middle of reinvention." "It's not growing," he said. "WWD Beauty Inc. need to get it back to growth, similar to North America. "WWD Beauty Inc. is not firing on all cylinders yet. But WWD Beauty Inc. is very happy with the China structural progress, and I have very high levels of confidence that WWD Beauty Inc. will fix the remainder of the portfolio and see even more sustained growth in China in a difficult market because market growth is still below 100 in its channels and categories. "Quite frankly, consumer sentiment is not improving. So a big congratulations to the China team for winning in a tough environment," he said. Newsletters