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P&G Profit Hit Warning
Description
Procter & Gamble warned of a $150M hit to annual profit from Middle East conflict-driven input costs as oil rose from $60 to ~$100 per barrel, increasing packaging and transportation costs. Q1 results beat estimates with EPS of $1.59 on $21.24B in revenue. The company expects fiscal 2026 EPS at the lower end of its flat to 4% growth range and maintained a ~$400M tariff impact estimate. Organic volume rose 2%.
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