Procter & Gamble reaffirmed its fiscal 2026 guidance for organic sales and core earnings growth. The company projects growth for both metrics to range between 0% and 4%. Management expects full-year results to trend toward the lower end of this range.

Anticipated headwinds from higher commodity costs and tariffs will exceed $500 million.

P&G is executing a two-year restructuring plan that began in fiscal 2026. The initiative includes reducing the non-manufacturing workforce by approximately 7,000 employees. The company will also streamline its brand portfolio and optimize its supply chain to improve productivity and agility.