Updated
Updated · Reuters · Apr 24
P&G warns of $1 billion fiscal 2027 profit hit from surging oil prices
Updated
Updated · Reuters · Apr 24

P&G warns of $1 billion fiscal 2027 profit hit from surging oil prices

7 articles · Updated · Reuters · Apr 24
  • P&G also flags a $150 million Q4 impact and expects fiscal 2026 earnings per share at the lower end of its target range.
  • The company cites higher input costs, supply chain disruptions, and force majeure declarations by suppliers due to the Iran war and Middle East conflict.
  • Despite these pressures, P&G’s Q3 sales rose 7% to $21.24 billion, with shares up 3.6% after beating earnings expectations; the company continues to invest in product innovation and seeks tariff refunds.
Can P&G's innovation outpace the $1 billion profit hit from soaring oil prices?
Will P&G’s price hikes alienate shoppers already struggling with high inflation?
How will the Supreme Court's tariff ruling reshape P&G's bottom line?
How will 7,000 job cuts impact P&G's long-term product innovation strategy?
Is P&G's heavy reliance on plastics its greatest weakness in this new crisis?
Can P&G's AI research fast-track a move away from oil-dependent packaging?