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Procter & Gamble beats earnings estimates but warns of higher costs from tariffs
CNBC· 2025-10-24 19:08
Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California.Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts' expectations, lifted by higher demand for its beauty and grooming products.However, the company warned that it expects higher costs from tariffs in fiscal 2026, which began this month. Despite what CEO Jon Moeller called a "challenging consumer and geopolitical environment," P&G reiterated ...