Procter & Gamble (PG): Organic Sales Up 4% On Volume, But Core Gross Margin Fell 150 Bp And Costs Cap FY27 EPS Growth
P&G's fiscal Q1 organic sales rose 4% on volume and mix with little price, but core gross margin fell 150 basis points and the FY27 cost and currency headwind rose to $0.79 a share.