News Brief: Procter & Gamble Q2 2026 Results
Summary
Procter & Gamble reported mixed quarterly results, beating earnings estimates but missing on revenue. Demand declined for key products like razors and diapers. The company lowered its full-year EPS growth forecast while maintaining its sales outlook, expressing optimism for a stronger second half.
Key Points
- Earnings Beat, Revenue Miss: Adjusted EPS was $1.88 vs. $1.86 expected. Revenue was $22.21B vs. $22.28B expected.
- Lowered Guidance: Revised fiscal 2026 EPS growth to 1%-6% from 3%-9%, citing higher restructuring charges.
- Demand Weakness: Overall volume fell 1%. Baby, feminine & family care segment volume dropped 5%; grooming (Gillette) fell 2%.
- Bright Spot: Beauty segment (hair care) volume grew 3%.
- Management Outlook: CFO called Q2 the “softest quarter,” expecting stronger H2 sales from innovation.
- Stock Reaction: Shares rose over 2% on optimistic forward commentary.
新闻简报：宝洁公司2026财年第二季度业绩
总结
宝洁公司公布了喜忧参半的季度业绩，每股收益超出预期，但营收未达预期。其剃须刀和纸尿裤等关键产品需求下降。公司下调了全年每股收益增长预期，但维持销售展望，并对下半年表现转强表示乐观。
关键点
- 收益超预期，营收未达标：调整后每股收益为1.88美元，预期1.86美元；营收为222.1亿美元，预期222.8亿美元。
- 下调业绩指引：将2026财年每股收益增长预期从3%-9%下调至1%-6%，原因是重组费用增加。
- 需求疲软：总体销量下降1%。婴儿、女性及家庭护理部门销量骤降5%；剃须护理部门（吉列）销量下降2%。
- 亮点：美容部门（护发产品）销量增长3%。
- 管理层展望：首席财务官称第二季度是财年”最疲软的季度”，预计下半年创新将推动销售走强。
- 市场反应：基于对前景的乐观评论，股价早盘上涨超过2%。
Original Article Link: https://www.cnbc.com/2026/01/22/procter-gamble-pg-q2-2026-earnings.html