Procter and Gamble Co (PG)

Can’t Wash This: Febreze Takes on the Stink Behind Soccer’s Biggest SummerJuly 6, 2026 11:00 AM
Business Wire Through a partnership with Major League Soccer, Trevor Noah, MLS club boot room refreshes and a traveling Boot Room Tour, Febreze Fabric is helping fight odors on the gear, couches, cars and game-day spaces the washing machine can’t handle. Soccer in the U.S. is having its biggest moment yet, and Febreze is taking on one of the game’s most relatable side effects: the stink. Today, Febreze announced Can’t Wash This, a new soccer-inspired campaign built on a simple truth: as the game grows, so do the gear piles, car rides, watch parties and soft surfaces that pick up odor but can’t always go in the wash. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260706491395/en/Trevor Noah films Febreze campaign content for What Now? with Trevor Noah inside an MLS boot room, helping bring Febreze’s new “Can’t Wash This” campaign to life by spotlighting how Febreze Fabric fights odors on soccer gear and soft surfaces that can’t always be tossed in the wash. As the Official Odor Fighter of Major League Soccer, and with an anticipated 47 million new soccer fans expected following the World Cup in North America,* Febreze is turning soccer’s growing fandom into a fresh reason to fight the rise in stink through a campaign featuring Trevor Noah, MLS club boot room refreshes, creator content, a collaboration with multidisciplinary artist Temi Coker and a traveling Boot Room Tour. The campaign launches alongside new Febreze-integrated content from Trevor Noah during What Now? with Trevor Noah’s World Cup coverage. In a first for the podcast, Trevor went on-location to film inside the Red Bulls New York actual boot room, the first time the show has ever left the studio for a brand integration. As a lifelong fan of the sport, Trevor brings authentic passion to the campaign’s central question: what do you do with the gear and spaces that cannot always go in the wash? "I have loved soccer my whole life and I've been covering this World Cup all summer on What Now? with Trevor Noah because I genuinely love this game. It's exciting to see how soccer has taken over the U.S., and Febreze felt like a natural fit for that - a brand that plays an integral part in the soccer routine,” said Trevor Noah. “I had a blast recording at the Red Bulls New York Boot Room, and I can say firsthand: if your soccer gear is starting to smell like its own locker room, it's time for Febreze Fabric.” Febreze is also bringing Can't Wash This to life with MLS clubs including LA Galaxy, FC Cincinnati, Red Bulls New York and Atlanta United through club boot room refreshes and behind-the-scenes team-shot content. To extend the campaign to fans, Febreze partnered with multidisciplinary artist Temi Coker on a scent-inspired boot and Boot Room installation that anchors the Febreze Boot Room Tour, a 40-foot by 40-foot traveling experience designed to show how Febreze Fabric fights odors and freshens hard-to-wash fabrics across soccer life, from the pitch to the ride home to the watch-party couch. Fans can experience Can’t Wash This in person through the Febreze Boot Room Tour, a 40x40 traveling activation featuring a Temi Coker scent-inspired art installation and five interactive stations. Tour stops include: July 17: LA Galaxy vs. LAFC, Los Angeles, 3:30 p.m.–7:30 p.m. July 25: MLS All-Star Fan Fest, Charlotte, 4 p.m.–10 p.m. July 26: MLS All-Star Fan Fest, Charlotte, 4 p.m.–8 p.m. Aug. 18: New York City Pop-Up, Flatiron, 10 a.m.–6 p.m. Aug. 22: FC Cincinnati match, Cincinnati, 3 p.m.–6 p.m. Aug. 29: Atlanta United match, Atlanta, 2:30 p.m.–8:30 p.m “At Febreze, we know odor does not only show up in obvious places. It follows people through the things they love, and soccer is no exception,” said Tyler Beck, Vice President, North America Air Care, Procter & Gamble. “As the game grows, Febreze Fabric is there for all of life’s ‘Can’t Wash This’ moments, helping fight odors and freshen the gear, fabrics and spaces that make soccer life feel lived in.” Febreze Fabric is available at major retailers nationwide both online and in-store, with an MSRP starting at $5.99.** To learn more about Febreze Fabric, visit Febreze.com. *Source: Major League Soccer / Soccer United Marketing, 2026
**Pricing at the sole discretion of the retailer ABOUT FEBREZE In 1998, Procter & Gamble (P&G) gave households a breath of fresh air with the launch of Febreze®, known today as the preeminent brand for providing a fresh, craveable scent while tackling the toughest odors from fabrics and the air. Febreze® features a line of products with freshness capabilities that range from ridding pet odors and tackling sweat stink to decorating the home with scent and freshening on the go. Febreze® is one of the fastest growing brands in P&G’s portfolio of household brands and brings innovative products to market. ABOUT PROCTER & GAMBLE P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706491395/en/ Media Contact

Procter & Gamble
Esra Yeksek
yeksek.e@pg.com or Elevate
Carleigh Barnett
carleigh.barnett@oneelevate.com Original: Can’t Wash This: Febreze Takes on the Stink Behind Soccer’s Biggest Summer

Native Shakes Up the Body Care Category with New Detoxifying Body Scrub CollectionJune 26, 2026 9:00 AM
Business Wire The #1 clean body wash brand introduces a range of gentle, effective exfoliators in fan-favorite scents, proving that a healthy glow doesn’t require harsh abrasives or unwanted ingredients. Native, the personal care brand known for their clean, simple, and effective formulas, announces the launch of its Detoxifying Body Scrub Collection. Designed to bring a spa-like glow to your daily routine, the collection features gentle exfoliation paired with Native’s signature winning scents to reveal silky-smooth skin. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260626622602/en/Native Sweet Peach & Nectar Body Scrub. The Detoxifying Body Scrub Collection captures the feeling of a total skin "glow up," blending high-performance exfoliation with transportive fragrances. Each product is thoughtfully formulated to effectively remove dull skin cells while remaining oh-so-comfortable on the skin, delivering the quality and performance Native is known for. With vibrant scents and a focus on skin barrier health, the Detoxifying Body Scrub Collection expands Native’s body care portfolio and reinforces its commitment to creating products that make everyday self-care feel fun and fabulous. Available Scents: Coconut & Vanilla: Native’s iconic, cult-favorite blend of tropical and creamy notes. Sweet Peach & Nectar: A juicy fragrance that feels like a bite of sun-ripened, summery fruit. Eucalyptus & Mint: A crisp, invigorating, and refreshing spa-inspired scent. Key Benefits Include: Thoughtfully made with limited ingredients Aluminum free, baking soda free, paraben-free, talc free, and dye-free Made with plant-based and naturally-derived ingredients and made without parabens, phthalates, sulfated surfactants, or dyes Vegan and cruelty-free Made with citric acid for pH balance to keep your skin ultra happy Dermatologist-tested Hero Formula Features: Aluminum-free deodorant formulas Sulfate-free body wash Silicone-free hair care Minimal ingredient philosophy Thoughtfully selected ingredients designed for everyday use Consumers are increasingly seeking body care that mimics the results of facial skincare, looking for products that deliver deep exfoliation and a more immersive, sensory experience. Native developed the Detoxifying Body Scrub Collection to meet this demand, combining its most loved scents with a simple, effective formula that brings a sense of renewal into everyday routines. “At Native, we’ve redefined what clean really means, and we’re bringing that same philosophy to the body scrub game,” said Christopher Talbott, Chief Executive Officer at Native. “Body care has become a space for self-expression and escape. With our new Detoxifying Body Scrubs, we wanted to capture that indulgent energy and bring it into everyday routines—letting our consumers embrace a whole new level of smoothness, worry-free.” The Native Detoxifying Body Scrub Collection is available now at: Nativecos.com Available at all major retailers Products are priced at $15.00. About Native Founded in 2015, Native reimagines personal care with simple, clean, and effective products made for everyday life. Crafted from naturally derived ingredients and free from aluminum, parabens, sulfates, and phthalates, Native delivers high performance without compromise. The brand’s full-body portfolio, including deodorant, body wash, body scrubs, mineral sunscreen, hair care, and skin care, is available at nativecos.com and major retailers nationwide. Known for fan-favorite scents, playful limited editions, and a commitment to thoughtful innovation, Native continues to make personal care easy, safe, and enjoyable. Follow @native on TikTok, Instagram, and Facebook. View source version on businesswire.com: https://www.businesswire.com/news/home/20260626622602/en/ Media Contact
Autumn Communications, native@autumncommunications.com Original: Native Shakes Up the Body Care Category with New Detoxifying Body Scrub Collection

Greenspan Is Gone, But the Fed Put EnduresJune 25, 2026 7:00 AM
IH Market News Former Federal Reserve Chairman Alan Greenspan, who led the U.S. central bank from 1987 to 2006, passed away on Monday at the age of 100. Many tributes have highlighted his long tenure and influence on monetary policy, yet one of his most lasting impacts on financial markets often receives less attention. That legacy is the widespread belief that when markets face severe stress, the Federal Reserve will intervene to stabilize conditions. Investors commonly refer to this idea as the “Fed Put.” Over time, the Fed Put has become deeply embedded in market psychology. For many investors, it reinforces the notion that the central bank will step in during periods of extreme turmoil, encouraging a willingness to take risks that might otherwise appear excessive. The concept gained prominence during the collapse of Long-Term Capital Management (LTCM) in 1998. The highly leveraged hedge fund, managed by several Nobel Prize-winning economists, came close to triggering broader financial instability. Its positions threatened not only the fund itself but also major financial institutions and, potentially, the wider stock and bond markets. In response, Greenspan played a key role in coordinating a private-sector rescue, while the Fed reduced interest rates by 75 basis points over a six-week period. The central bank also reassured financial markets that it would provide sufficient liquidity to maintain stability. The strategy succeeded, but the lesson many investors absorbed was not “leverage kills.” Instead, it reinforced the belief behind the “too big to fail” doctrine. Since then, the same principle has shaped market expectations during major crises. Whether during the bursting of the dot-com bubble, the Global Financial Crisis of 2008, or the pandemic-driven turmoil of 2020, the Federal Reserve responded with significant intervention measures. As a result, one of Greenspan’s most influential legacies may be the perception that the Fed ultimately serves as the market’s buyer of last resort. Can Investors Rely on Beta? Beta is one of the most commonly used measures of investment risk. It gauges how much a stock or portfolio tends to move relative to the broader market. Investors often use beta to adjust portfolio exposure, reducing it when they believe markets are becoming overheated and increasing it when they see attractive opportunities after declines. Although beta can provide valuable insights, it also has important limitations. The metric can be calculated using daily, weekly, or monthly price data, and over short-, medium-, or long-term periods. As a result, beta readings can vary significantly depending on the methodology used. For example, examining the beta of Micron (NASDAQ:MU) and Procter & Gamble (NYSE:PG) across different time horizons and pricing frequencies produces notably different results. Micron’s beta ranges from 1.82 to 5.39 depending on the selected measurement period. While those figures consistently indicate that Micron is more volatile than the broader market, they provide a wide range of potential outcomes. Procter & Gamble exhibits less variation, but its beta still changes depending on the calculation. One measure suggests a slightly negative beta, while another places it near 0.40. The key takeaway is that beta should not be viewed as a fixed number. Investors are generally better served by evaluating beta across multiple time frames and frequencies to gain a fuller understanding of potential risk. It is also important to remember that future market conditions may differ from those of the past. Changes in business fundamentals, industry dynamics, or macroeconomic factors can cause a stock or portfolio to behave differently than historical beta measurements would suggest. Get stock prices from InvestorsHub The post Greenspan Is Gone, But the Fed Put Endures appeared first on US Editors. Original: Greenspan Is Gone, But the Fed Put Endures

Align Probiotic Launches Nationwide Call For Backup to Help Women 50 and Beyond Combat Occasional Gas and BloatJune 17, 2026 3:30 PM
Business Wire The No. 1 doctor-recommended probiotic brand‡ empowers super women to have digestive confidence by winning an Align SideKIT Align Probiotic is unmasking a quiet disruptor facing the world’s ultimate superheroes. As women 50 and older balance demanding careers, support their children, care for aging parents, and just generally keep the world spinning, millions of these high-performing women are quietly powering through uncomfortable realities of midlife, including taboo wellness obstacles -- occasional bloating, gas, and abdominal discomfort. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260617202849/en/The No. 1 doctor-recommended probiotic brand‡ empowers super women to have digestive confidence by winning an Align SideKIT On June 16, Align Probiotic launched a national campaign designed to change the narrative, encouraging do-it-all women to turn the care they give to the world inward, to nurture their inner warrior, and reclaim their digestive confidence. Superheroes across the country looking for a sidekick to support digestive gut health can head to Super-Align.com for a chance to win one of 500 Align SideKITs until June 30, 2026. Curated specifically for a busy lifestyle, each SideKIT includes: A full one-month supply of Align Probiotic featuring its unique probiotic strain to help soothe occasional bloating, gas, and abdominal discomfort.* A premium, travel-ready bag designed to tuck into any daily commute or carry-on luggage. The promotion hit the streets with branded superhero women across Manhattan who intercepted busy women on the go, handing out Align SideKITs and conducting high-energy, rapid-fire "Man on the Street" interviews to discuss how everyday New Yorkers manage to do it all, who the superwomen in their lives are, and how they protect against the "nemesis" of occasional gas and bloating. From there, the campaign takes to the skies on June 17 over Manhattan’s iconic skyline. A custom plane-towed aerial banner will fly along the Hudson River and major New York City sightlines, inviting women to call for backup via sweepstake. “Our goal with this campaign is to strip away the stigma around the uncomfortable realities of digestive discomfort that often impact women in midlife, and empower them to nurture their inner warrior,” said Elizabeth Makras, Align Probiotic Brand Director. “Women in their 50s and beyond are everyday superheroes, and they shouldn’t have to power through occasional bloating and gas in silence. Align Probiotic features a unique strain and the Align SideKIT is our way of delivering this support directly to women on the go, helping them have digestive confidence and enjoy life*.” Align Probiotic features a unique strain, B. longum 35624™, which naturally helps maintain digestive balance, relieve occasional bloating and gas, and can help maintain a healthy microbiome.* Although the body requires a brief adjustment period to the introduction of a new probiotic strains, most individuals can expect to feel the positive impact of Align within just one month of daily use. For more information about the campaign, to enter the national sweepstakes, or to discover the science behind Align Probiotic, visit Super-Align.com and alignprobiotics.com. ABOUT ALIGN PROBIOTIC Align Probiotic has a variety of daily probiotic supplements for everyone in the family to help support a healthy digestive system*. The digestive benefits in our Align 24/7 Digestive Support *§ capsules come from a unique strain of bacteria only found in Align. In the 1990s, a group of gastroenterologists and microbiologists began researching probiotic strains, and they discovered Bifidobacterium 35624™ – which helps relieve occasional bloating, gas, and abdominal discomfort* and is backed by 20+ years of research. Along with Align 24/7 Digestive Support *§, some of our other most popular products are: Bloating Relief + Food Digestion, which has a probiotic to relieve occasional bloating* and Vitamin B12 to help break down food into cellular energy*; Women’s Dual Action, which has probiotics to help support vaginal health* and a botanical to help support monthly mood balance*; and DualBiotic gummies which has a prebiotic to help nourish good bacteria and a probiotic to add more good bacteria to the gut* Even gastroenterologists prefer Align and recommended it over 2 times more often than any other probiotic brand. ‡‡ ABOUT PROCTER & GAMBLE P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news. §Fortifies your digestive system 24/7 with continued daily use.*" *These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease. ‡‡Recommended 1.75x more among Doctors who recommended a brand of probiotic in ProVoice 2025" View source version on businesswire.com: https://www.businesswire.com/news/home/20260617202849/en/ amara.saputo@citizenrelations.com Original: Align Probiotic Launches Nationwide Call For Backup to Help Women 50 and Beyond Combat Occasional Gas and Bloat

Mr. Clean Reinvents the Everything Shower with First-Ever Beauty Campaign for the Mr. Clean Shower & Tub ScrubberJune 15, 2026 6:30 PM
Business Wire Fresh out of retirement, Mr. Clean found inspiration in the Everything Shower trend, creating an easy, time-saving way to keep your shower and tub sparkling clean as part of a ritual already built into your routine. Mr. Clean is crashing the Everything Shower trend, dropping his first-ever beauty-inspired moment and crowning the Shower & Tub Scrubber as the ultimate glow-up device for your bathroom. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615294011/en/Mr. Clean Everything Shower Campaign Mr. Clean may be back from retirement, but he didn’t spend his time off lounging. During his break, he dove headfirst into the rising self-care trend of the Everything Shower—and quickly realized that while people were busy pampering their skin, hair, and every serum-soaked inch of themselves, one thing kept getting ignored: the shower itself. Inspired by this realization, Mr. Clean set out to help consumers refresh their spaces as easily as they refresh themselves, introducing the fan-favorite Shower & Tub Scrubber as the final step in a truly complete Everything Shower routine. “I took lots of self-care showers during my retirement and wanted to make sure my shower was always fresh,” said Mr. Clean. “So, I created an Everything Shower regimen that shuts down grime and keeps you and your bathroom clean.” To mark his return and his new beauty-inspired mission, Mr. Clean is making a bold entrance into the beauty world. He’s going from brand icon to beauty mogul with two billboards debuting in New York City’s lower Manhattan at Bowery and Great Jones Street, and Canal Street and Broadway, plus wild postings popping up on Thompson Street and Broome Street. “Self-care is about more than beauty products. It’s about feeling comfortable in the space you’re in every day,” said Connor Nickell, Brand Director, Mr. Clean. “The Everything Shower trend highlights just how central the bathroom has become to beauty, reset, and routine. With the Mr. Clean Shower & Tub Scrubber as part of the Everything Shower routine, your space can feel just as refreshed as you do after your self-care ritual.” Consumers can scan the QR code on the billboards or visit mrclean.com/en-us/everythingshower to unlock limited free Everything Shower kits and coupons. The offer is available from 12:01 a.m. on June 15, 2026 through 11:59 p.m. on June 24, 2026. Mr. Clean Debuts Two New York City Beauty-Inspired Everything Shower Billboards Featuring the Mr. Clean Shower & Tub Scrubber Mr. Clean brings his Everything Shower routine to life in two high-editorial, beauty-inspired billboards featuring the Shower & Tub Scrubber, blending the evolving beauty landscape with the transformative power of a refreshed space. The creative underscores that an Everything Shower isn’t complete without a sparkling clean bathroom to complement a refreshed you. What is an Everything Shower? An “Everything Shower” is an in-depth, head-to-toe self-care routine that typically includes your personal choice of self-care steps like washing, exfoliating, shaving, and hair care all in one session. With the Mr. Clean Shower & Tub Scrubber, this Everything Shower ritual can extend to your shower and tub. What Are the Steps to an Everything Shower? Everyone’s Everything Shower is different, so do what feels good to you! Here is an example of what an Everything Shower featuring the Mr. Clean Shower & Tub Scrubber could look like: Step One – Start with a Strong Hair Reset: Kick things off by showing your hair some serious TLC. Think shampoo, conditioner, a hair mask, and a little extra patience. This is where the reset begins. Step Two – Lather Like You Mean It: Turn up the music and get into it. Cleanse, wash your body, and build a head-to-toe lather. Don’t rush it. Step Three – Scrub, Shave, Smooth, Shine: Exfoliate, shave if it feels right, and take a moment to rinse it all off. If it makes you feel extra, you’re doing it right. Step Four – The “Everything” Part of the Everything Shower: You’ve refreshed yourself, now refresh your bathroom. Grab your Mr. Clean Shower & Tub Scrubber as the last step in your Everything Shower routine and give your space a quick glow-up to match. How Does the Mr. Clean Shower & Tub Scrubber Improve Your Everything Shower Experience? The new Mr. Clean Shower & Tub Scrubber transforms your Everything Shower routine by delivering faster, more effective cleaning results with minimal scrubbing. Key features include: A built-in squeegee that helps deliver a streak-free finish. Sturdy grip handle for more scrubbing power with a 360-degree pivoting head for hard-to-reach places. Cuts through 100% of soap scum and grime for a deep clean in half the time versus leading all-purpose bleach sprays. The Mr. Clean Shower & Tub Foaming Magic Erasers use the cleaning power of Dawn and last 5X longer when attached to the Shower & Tub Scrubber (versus Mr. Clean Shower & Tub Foaming Magic Eraser alone). Designed to clean tough bathroom messes on shower glass, bathtubs, tile, sinks and more. Where Can I Buy Mr. Clean Shower & Tub Scrubber? The Mr. Clean Shower & Tub Scrubber and Magic Erasers are currently available at major retailers nationwide in stores and online. The Mr. Clean Shower & Tub Scrubber Starter Kit includes the Shower & Tub Scrubber and two Mr. Clean Shower & Tub Foaming Magic Erasers. Pricing and promotion are at the discretion of the retailer. To learn more, please visit MrClean.com. Follow @MrClean on TikTok and Instagram for tips and tricks on how to get the most out of your cleaning products, as well as updates on future innovations and offerings. Sweepstakes Disclosure NO PURCHASE NECESSARY. Void where prohibited. Open to legal residents of the 50 US and DC who are 18 years of age or older as of the last day of the month prior to date of entry. The Everything Shower Sweepstakes starts at 12:01 a.m. ET on 6/15/2026 and ends at 11:59 p.m. ET on 6/24/2026. Sponsored by The Procter & Gamble Distributing LLC. For full rules click here. About Procter & Gamble P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Business Use Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SKII®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at http://www.pg.com/news. View source version on businesswire.com: https://www.businesswire.com/news/home/20260615294011/en/ Maytal Levi
P&G Surface Care, Communications Leader
levi.m@pg.com Alan Danzis
MSL New York
alan.danzis@mslgroup.com Original: Mr. Clean Reinvents the Everything Shower with First-Ever Beauty Campaign for the Mr. Clean Shower & Tub Scrubber

New Downy Boutique Botanicals Scent Beads Bring Nature-Inspired Boutique Fragrances to Your LaundryJune 9, 2026 10:30 AM
Business Wire Fashion Designer Cynthia Rowley Collaborates on Limited-Edition Brooch to Celebrate the New Collection Downy is launching Boutique Botanicals, a new line of in-wash scent bead boosters featuring nature-inspired boutique fragrances for your laundry. Crafted by the world-class perfumers at the Downy Fine Fragrance House, the team behind the cult-favorite Unlimited N.26, the collection includes three botanically-driven scents: Citrea, Peonia, and Folia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260609853604/en/Fashion designer Cynthia Rowley, wearing her limited-edition Downy Boutique Botanicals brooch alongside the collection that inspired it. Downy Boutique Botanicals draw from the richness of the botanical world, translating the complexity of flowers, herbs, and citrus into fine fragrance for fabric. The new collection is composed with the same craft and artistry as prestige perfumes, delivering a sophisticated, nature-inspired scent that lasts so you can start every day fresh. To mark the launch, Downy tapped fashion designer Cynthia Rowley to design a limited-edition brooch as a wearable expression of scent's role as fashion's most invisible accessory. "Scent and fashion have always been connected, but this collaboration lets us celebrate that in a new way," said fashion designer Cynthia Rowley. "I was intrigued by the idea of creating a visual representation of fragrance. My family and I have been fans of Downy for years, so designing this brooch to bring Boutique Botanicals to life felt like a full-circle moment." The Boutique Botanicals Collection includes three nature-inspired scents: Citrea – Opens with a bright spark of fresh and luminous clementine, before giving way to the honeyed softness of neroli in full bloom. At its heart is a deep, sensual white musk that wraps every fiber in warmth, leaving behind a fragrance that feels less like laundry and more like a luxury you wear all day. Peonia – Softly romantic and richly layered, Peonia begins with the delicate bloom of peony, unfolding into the vibrant sweetness of azalea. A whisper of peppercorn brings an unexpected warmth, creating a fragrance that is soft, enveloping, and endlessly captivating. Folia – Crisp and green, Folia is defined by the herbal clarity of basil, brightened by the sunny lift of bergamot. A cool rush of eucalyptus moves throughout, opening across fabrics with a refreshed, quietly vibrant feel. The clean, invigorating fragrance brings a sense of ease and clarity that lingers throughout the day. "We built Boutique Botanicals on the simple idea that the clothes you wear every day deserve the same sensorial intention as the perfume you put on your skin,” said Benjamin Sattler, Vice President of North America Downy. “Scent is one of the most personal ways to express yourself, and now that can start with your laundry." Starting now through July 9, consumers can enter the Cynthia Rowley x Downy Boutique Botanicals Sweepstakes for a chance to win the Cynthia Rowley brooch at BotanicalsSweeps.com. The Downy Boutique Botanicals collection is available nationwide with an MSRP of $15.97. To use, add the desired amount to the washing machine drum before adding clothes. Safe for all washable fabrics. For more information, visit www.downy.com. About Procter & Gamble P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news. NO PURCHASE NECESSARY. Void where prohibited. Open to legal residents of the 50 US and DC who are 18 years of age or older as of the last day of the month prior to date of entry. The Cynthia Rowley x Downy Boutique Botanicals Sweepstakes starts at 10:00 a.m. ET on 6/9/2026 and ends at 11:59 p.m. ET on 7/9/2026. Sponsored by The Procter & Gamble Distributing LLC. For full rules visit BotanicalsSweeps.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260609853604/en/ Media Contact:
Rachel Koggan
973-464-6469
rachelk@mbooth.com Original: New Downy Boutique Botanicals Scent Beads Bring Nature-Inspired Boutique Fragrances to Your Laundry

Old Spice and Walmart Celebrate the Graduating Class of 2026 with A Fireside Chat From Basketball Analyst, Andraya Carter, On The Impact Of MentorshipJune 5, 2026 8:06 AM
Business Wire Old Spice And Walmart Partner With Big Brothers Big Sisters Of Miami For The “School Of Swagger” Celebration for Graduating Mentees and the Mentors Who Inspire Next-Gen Confidence. For the 4th consecutive year, Old Spice and Walmart celebrated the Big Brothers Big Sisters of Miami Class of 2026 at the annual “School of Swagger” graduation event at Florida Memorial University. The celebration recognized students for their academic achievements and honored the dedicated mentors who supported them along the way. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260605781567/en/2026 Old Spice School of Swagger Graduation ceremony: Old Spice and Walmart celebrate the 2026 class of “School of Swagger” graduation ceremony at Florida Memorial University in Miami, FL on Thursday, June 4, 2026 in Miami. In partnership with Old Spice, Sports Analyst and Reporter, Andraya Carter, joined Big Brothers Big Sisters of Miami President and CEO, Gale Nelson, for a candid fireside conversation on-stage. The discussion focused on the lifelong impact of mentorship, how young people can channel their inner confidence, and strategies for manifesting career growth. Carter shared personal stories from her journey as a student-athlete at the University of Tennessee to becoming a versatile broadcaster covering college basketball, football, the NBA, SEC Network and more. Quick Facts
Initiative: Old Spice & Walmart "School of Swagger"
Primary Partner: Big Brothers Big Sisters of Miami
Keynote Speaker: Andraya Carter (Sports Analyst & Reporter)
Where: Florida Memorial University
Core Mission: Fostering next-gen confidence and reducing the youth mentorship gap The event is a cornerstone of Old Spice and Walmart’s multi-year “School of Swagger” initiative, a program dedicated to expanding youth mentorship networks, boosting academic retention, and empowering young people with the confidence and support needed to navigate the seas of school and beyond. “Mentorship has played a huge role in my own journey, from my coaches and teachers to the women and leaders who helped shape me both on and off the court,” said Andraya Carter. “I’m grateful to now be in a position where I can pour back into the next generation and encourage young people to believe in themselves and chase what’s possible. I’m honored to partner with Old Spice and Big Brothers Big Sisters through the ‘School of Swagger’ program to celebrate these students and the incredible impact mentors can have on young people’s lives.” Throughout the fireside chat, Carter reflected on the mentors who helped influence her career, including legendary basketball coaches and sports personalities who came before her, while encouraging graduates to pursue opportunities with confidence and authenticity. “Having a mentor in your corner can help build confidence, open doors and create opportunities that last far beyond the classroom,” Carter added. “No matter what path these students pursue — sports, media, business, the arts or beyond — having people who believe in you can make all the difference.” The annual celebration recognized key milestones for the Class of 2026, highlighting program pillars that include: Academic Milestones: Honoring students successfully graduating from the eighth-grade and senior high school tracks within the Big Brothers Big Sisters of Miami network. Community & Excellence: Awarding dedicated student scholarships alongside live youth performances. Brand Integrations: Spotlighting tailored product experiences, including products from various Old Spice collections. “For years, Old Spice and Walmart have worked alongside Big Brothers Big Sisters to support students through mentorship and confidence-building programs,” said Kate DiCarlo, Senior Communications Director at P&G. “The ‘School of Swagger’ initiative is rooted in the belief that every young person deserves a strong support system and access to mentors who can help guide them toward their goals.” “The ongoing School Of Swagger partnership with Old Spice and Walmart highlights the power of corporate citizenship and mentorship," said Gale Nelson, President & CEO, Big Brothers Big Sisters Miami. "With over 1,300 attendees witnessing our 'Littles' walk across the stage to various post-secondary pathways, this partnership reinforces one simple fact - we all have a little in common.” Old Spice launched the “School of Swagger” initiative in partnership with Walmart and Big Brothers Big Sisters to help foster confidence, create meaningful mentorship connections and support students as they navigate high school and prepare for future success. To learn more about the initiative and how to become a mentor yourself, visit https://oldspice.com/schoolofswagger/ About Old Spice Old Spice, an iconic grooming brand for more than 80 years, is the No.1 selling antiperspirant and deodorant brand for men in the United States. As a category leader, Old Spice offers pro-level performance across a men’s grooming ecosystem including antiperspirants, deodorants, body washes, body sprays, shampoos, and hair stylers. Old Spice is the authority on the complete men’s grooming regimen. Follow Old Spice's social channels: Instagram, TikTok, Facebook, YouTube, and X. About Big Brothers Big Sisters of America Founded in 1904, Big Brothers Big Sisters of America is the largest and most experienced youth mentoring organization in the United States. The mission of Big Brothers Big Sisters of America is to create and support one-to-one mentoring relationships that ignite the power and promise of youth. Big Brothers Big Sisters' evidence-based approach is designed to create positive youth outcomes, including educational success, avoidance of risky behaviors, higher aspirations, greater confidence, and improved relationships. For more information, visit: www.bigbrothersbigsisters.org. View source version on businesswire.com: https://www.businesswire.com/news/home/20260605781567/en/ For media inquiries, please contact: Stephanie Lett, Citizen Relations
stephanie.lett@citizenrelations.com Nicole Bosley, Procter & Gamble, Old Spice
bosley.ne@pg.com Original: Old Spice and Walmart Celebrate the Graduating Class of 2026 with A Fireside Chat From Basketball Analyst, Andraya Carter, On The Impact Of Mentorship

Metamucil Grabs the Mic: 90s Icons Lance Bass and Danielle Fishel Talk Fibermaxxing and Reveal the “OG Biohack”May 4, 2026 9:05 AM
Business Wire
The “Metamucil Mic Grab” content series reclaims psyllium fiber as the timeless foundation for multiple health benefits in an era of fleeting wellness fads


Today, Metamucil, the #1 doctor-recommended fiber brand, announced the launch of “Metamucil Mic Grab,” a digital content series designed to cut through the noise of viral wellness trends. Hosted by Amy Shapiro, MS, RD, CDN, the series features 90s cultural icons Lance Bass, *NSYNC member, bestselling author, producer, and host, and Danielle Fishel, actor, director, and podcaster, as they discuss their health journeys throughout the decades.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260429054901/en/Danielle Fishel, Lance Bass, and Registered Dietitian Amy Shapiro discuss the health benefits of psyllium fiber on Metamucil Mic Grab
As "fibermaxxing", or reaching your daily recommended fiber intake (28g), becomes the latest viral movement, Metamucil is stepping in to remind everyone that its psyllium fiber is the "original biohack," which has supported digestive wellness for over 90 years. The series moves past the extreme diet culture of previous decades to focus on "wellness maturity"—the transition toward simple, science-backed habits that support the body as it ages.


“Ninety percent of Americans aren't hitting their recommended daily fiber intake, and that gap impacts everything from digestive health to heart health,” said Shapiro. “In ‘Metamucil Mic Grab,’ we aren’t chasing fads. We’re discussing how Metamucil’s psyllium fiber provides multiple health benefits* that modern wellness seekers are looking for: helping support digestive health*, appetite control*, heart health by lowering cholesterol†, and healthy blood sugar levels*.”


For Danielle Fishel, the series is an honest look at how her definition of a "glow up" has evolved since the 90s. "Everyone’s talking about a glow-up, but I’ve realized a true glow up starts with my gut," said Fishel. "My doctor recommended Metamucil, and now it’s my secret to feeling regular*, lighter, and ready to show up for my family and work."


For Bass, the series is about managing a busy life with simple, non-negotiable habits. “I love a good wellness hack as much as the next person, but when it comes to feeling great, I always come back to the basics,” said Bass. “With this whole ‘fibermaxxing’ trend going viral, I’m laughing because, thanks to Metamucil, I’ve actually been doing this for years. I’m way ahead of the trend!”


The content series will begin rolling out on social media platforms on April 29, 2026, featuring five episodes centered on some of the most-searched wellness topics today:


1. Fibermaxxing: Reaching your daily recommended fiber intake (28g) by including fiber supplements in your routine.


2. The Gut-Health Glow Up: Prioritizing digestive health leads to a glow up.


3. Small Habits, Big Results: Supporting healthy blood sugar levels* and heart health by lowering cholesterol†.


4. Girl’s Night Out: How to reach your fiber goals with a fibertizer.


5. The OG Biohack: Why foundations outlast fads (The 90-Year Icon).


Central to the series is the educational distinction that not all fibers are the same. Metamucil’s 4-in-1 fiber supplement is powered by plant-based psyllium fiber. This plant-based fiber forms a unique gel that traps and removes the waste that weighs you down, helping promote regularity*. Metamucil’s psyllium fiber also provides a multi-health benefit to help support digestive health*, heart health by lowering cholesterol†, healthy blood sugar levels*, and appetite control*.


“By positioning Metamucil’s psyllium fiber at the center of today’s most relevant wellness conversations, we are finally giving this foundational nutrient the spotlight it deserves,” said Ryan Parker, Metamucil Brand Director. “For 90 years, Metamucil has been the expert in digestive wellness. With the 'Mic Grab' series, we’re proving that while wellness trends come and go, foundational health starts with a simple, science-backed habit.”


To tune into the Metamucil Mic Grab, follow @Metamucil on Instagram or visit www.metamucil.com for more information.


*These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease. † Diets low in saturated fat and cholesterol that include 7 grams of soluble fiber per day from psyllium husk, as in Metamucil, may reduce the risk of heart disease by lowering cholesterol. One serving of Metamucil has 2.4 grams of this soluble fiber.


About Metamucil


Created and introduced for the first time in 1934 by G.D. Searle & Co., Metamucil powder was acquired by P&G in 1985. Made with plant-based psyllium fiber, Metamucil fits any lifestyle when you are looking to increase your fiber intake. Metamucil is the number one doctor recommended fiber brand. For more information, visit http://www.metamucil.com.


About Procter & Gamble


P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260429054901/en/
amara.saputo@citizenrelations.com


Original: Metamucil Grabs the Mic: 90s Icons Lance Bass and Danielle Fishel Talk Fibermaxxing and Reveal the “OG Biohack”

Say Goodbye to Shaving Emergencies This Summer! Gillette Venus Launches Smoothguard, a New Campaign featuring Social Media Star and Podcast Host, Drew AfualoApril 28, 2026 10:45 AM
Business Wire
From sand to skin, the beach-set social series tackles bikini line irritation head on this summer with Venus Pubic Hair & Skin Razor


Smoother days are ahead, as today, Gillette Venus, the #1 Most Awarded Razor Brand*, announces the launch of Smoothguard, a comedic and educational campaign featuring creator Drew Afualo. Celebrating personalized body care and unapologetic confidence this summer, the campaign delivers a clear message – your skin requires unique attention on different parts of the body, and the coily, coarse hair and sensitive skin around your pubic area need the proper tools to fight irritation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260428126249/en/Smoother days are ahead, as today, Gillette Venus, the #1 Most Awarded Razor Brand*, announces the launch of Smoothguard, a comedic and educational campaign featuring creator Drew Afualo.
Drew, Venus’ Smoothguard, is taking the stand at the beach, and she’s on the lookout for anyone in need of the proper tools to fight razor bumps, ingrowns and itch around their bikini line. Designed to ‘save your shave’ the educational series spotlights the Venus Pubic Hair and Skin collection, featuring a three-step routine for prep, shaving, and maintenance, expertly designed to eliminate pubic shaving emergencies this summer. The series also highlights the importance of using two separate razors for the body and pubic area, as each Venus product is engineered to give users the best results for the unique makeup of different parts of the body. Together, this approach teaches how a more tailored regimen can help minimize irritation. Hitting the beach or pool shouldn’t mean having to suffer from the discomfort of shaving.


For Drew, teaming up with Venus on Smoothguard was a natural fit, especially when it comes to helping people feel confident in their own skin this summer. “As a girl on the go, from red carpets, to festivals, to beach trips with friends, I only use products that are going to make me feel my best. When I started working with Gillette Venus, I learned that not all body hair is the same, your skin down there is thinner too. Using the same razor for everything is not the move and it’s important to have a specific tool for your bikini line versus the rest of your body," shared Drew.


Whether it’s an everything shower day that calls for Venus Extra Smooth Sensitive for smooth legs and Pubic Hair and Skin Razor for the pubic area, or just a quick bikini line touch-up before the beach, Venus razors have you covered.


“This campaign is about helping women feel comfortable in their skin,” said Isabel Pimentel, Brand Vice President, Gillette Venus North America. “With Drew’s authentic voice, we’re helping women understand that smooth, irritation-free skin starts with using the right tools for the right areas of the body. Because the pubic area is different, it requires products specifically designed for that skin. That’s why we offer a full range of solutions to help women feel confident, comfortable, and smooth—not just for swimsuit season, but year-round.”


With beach days and swimsuit season on the horizon, here’s how the Smoothguard lineup brings these targeted solutions to life:



NEW Venus Pubic Hair and Skin Razor: Designed for coarse hair and delicate skin, this upgraded razor features the innovative CalmCurve handle that allows for a better grip to get to those hard reach areas and Anti-Irritation Barrier for an ultra-smooth shave.



Venus Smoothing Cleanser + Shave Gel: For application prior to shaving to help provide a protective layer of glide, hydrating hair to help prevent shaving irritation. The transparent formula lets you see what you are shaving, and is fragrance-free, newly formulated with a touch of shea butter & aloe. It can also be used daily as a gentle skin cleanser.



Venus Daily Ingrown Serum: This daily moisturizer, newly formulated with a touch of aloe, helps soothe skin and reduce itch due to dry skin, and contains a gentle exfoliant to help prevent trapped hairs between shaves. Why this vs. a body lotion? Regular body lotions are often scented and don’t exfoliate. Using it daily will help keep the skin smooth and conditioned.



Venus Extra Smooth Sensitive Razor: Designed for sensitive, irritation-prone skin, this dermatologist-tested razor features sharp, durable blades for a close shave with up to 0% shave irritation as the cushioned blue strip acts like the skin's bodyguard.



This summer, follow along with the Smoothguard campaign on Drew and Venus’ social channels and check out the complete collection at GilletteVenus.com. Products are available at GilletteVenus.com and most major retailers where you typically find your favorite Venus products.


* Based on awards from top-tier US Beauty & Lifestyle publications/websites between 2020-2025


About Gillette Venus:


For more than 120 years, Gillette has set the standard for precision and performance, enriching the lives of 800 million consumers worldwide. Pioneering innovations in shaving and skincare, Gillette continually exceeds expectations in personal grooming. Among its esteemed legacy, Gillette Venus, the #1 Most Awarded Razor Brand*, shines as one of its most prominent brands, with over 20 years of expertise in women's shaving and grooming. Venus embodies innovation and empowerment, celebrating each woman's unique beauty. With a focus on quality and comfort, Venus elevates shaving, with precise trims and hydrating shave gels. Wherever you choose to shave, shape, trim or style, Venus products are designed with your body and its hair in mind. For the latest updates and information on Gillette Venus, please visit gillettevenus.com.


Category: Gillette-Venus

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428126249/en/
Gillette Venus

Marta LopezSilva

Email: lopezsilva.m@pg.com


Marina Maher Communications

Shaun Agres

Email: shaun.agres@omc.com


Original: Say Goodbye to Shaving Emergencies This Summer! Gillette Venus Launches Smoothguard, a New Campaign featuring Social Media Star and Podcast Host, Drew Afualo

Futures Suggest Flat Start for Wall Street: Dow Jones, S&P, NasdaqApril 27, 2026 9:13 AM
IH Market News
U.S. stock futures indicate a largely unchanged open on Monday, pointing to a pause in momentum after the strong gains recorded in the previous session.Investors appear cautious, with limited conviction as uncertainty persists in the Middle East following the breakdown of U.S.-Iran peace discussions over the weekend.As negotiations between Washington and Tehran enter another uncertain phase, reports have indicated that Iran has floated a proposal to reopen the Strait of Hormuz and bring the conflict to an end, while delaying talks over its nuclear programme.Attention is expected to shift toward corporate earnings in the days ahead, with five of the so-called “Magnificent Seven” companies scheduled to release quarterly results this week.Market participants are also awaiting the Federal Reserve’s policy announcement on Wednesday. While the central bank is broadly expected to leave interest rates unchanged, investors will be closely analysing the accompanying statement for signals on the future path of policy.Following a weaker performance on Thursday, equities rebounded on Friday. Both the Nasdaq and S&P 500 erased prior losses and closed at fresh record highs.The tech-heavy Nasdaq led the advance, climbing 398.09 points, or 1.6%, to 24,836.60, while the S&P 500 gained 56.68 points, or 0.8%, to 7,165.08.In contrast, the Dow Jones Industrial Average moved lower, slipping 79.61 points, or 0.2%, to 49,230.71, weighed down by notable declines in Merck & Co. (NYSE:MRK) and Verizon Communications Inc. (NYSE:VZ).For the week overall, the Nasdaq advanced 1.5% and the S&P 500 rose 0.6%, while the Dow posted a 0.4% decline.The broader market rebound was supported in part by a sharp rally in Intel Corporation (INTEL:INTC), which surged more than 23% to a record closing high.Intel’s gains followed better-than-expected first-quarter earnings and a second-quarter revenue outlook that exceeded analyst forecasts.Procter & Gamble (NYSE:PG) also posted strong gains after delivering fiscal third-quarter results ahead of expectations.Investor sentiment was further lifted by a pullback in oil prices, which had surged in recent sessions.U.S. crude futures declined by more than 1% after a Reuters report said Iranian Foreign Minister Abbas Araqchi was set to arrive in Pakistan for discussions with the U.S.Araqchi said via X that the trip would focus on bilateral issues and regional developments, without providing further details.According to CNN, U.S. Special Envoy Steve Witkoff and Jared Kushner are expected to represent the United States, with Vice President JD Vance stepping in if necessary.Meanwhile, Donald Trump’s decision to extend the ceasefire between Israel and Lebanon by three weeks also contributed to easing oil prices.Semiconductor stocks rallied strongly alongside Intel, with the Philadelphia Semiconductor Index jumping 4.3% to a record close.Gold-related shares also advanced as bullion prices increased, pushing the NYSE Arca Gold Bugs Index up by 2.3%.Software stocks rebounded after Thursday’s decline, with the Dow Jones U.S. Software Index rising 2.1%.Oil services and computer hardware sectors also posted gains, while telecom, pharmaceutical and banking stocks came under pressure.Verizon Communications stock priceMerck stock priceIntel stock priceProcter & Gamble stock price

Original: Futures Suggest Flat Start for Wall Street: Dow Jones, S&P, Nasdaq

PG, shorts covering

P&G Tops Forecasts as Sales Growth Strengthens Across PortfolioApril 24, 2026 9:55 AM
IH Market News
Procter & Gamble Co. (NYSE:PG) delivered third-quarter results ahead of expectations, with both earnings and revenue surpassing analyst estimates as the group reported broad-based growth across its product lines.Adjusted earnings per share came in at $1.59, exceeding the $1.56 consensus by $0.03. Revenue reached $21.2 billion, beating forecasts of $20.57 billion and marking a 7% increase year-on-year. Organic sales rose 3%, supported by a 2% rise in volumes and a 1% contribution from pricing.Shares gained 1.6% following the announcement.



Broad-Based Growth Across Segments



“We delivered a solid acceleration in top-line results in our fiscal third quarter, with broad-based growth across product categories and regions,” said Shailesh Jejurikar. “We’re increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment, while still maintaining our guidance ranges for the fiscal year.”All five of the company’s business segments recorded organic growth. The Beauty division led with a 7% increase, driven by product innovation and higher volumes. Fabric & Home Care and Baby, Feminine & Family Care each posted 3% growth, while Health Care rose 2% and Grooming increased 1%.



Outlook Maintained with Cautious Tone



P&G reiterated its full-year fiscal 2026 core EPS guidance of $6.83 to $7.09, with a midpoint of $6.96 slightly above the $6.94 analyst consensus. However, the company signalled that results are likely to land toward the lower end of the range.This reflects higher spending on innovation and demand generation, alongside pressure from tariffs and commodity costs.The group also maintained its outlook for organic sales growth, expecting performance to range from flat to up 4% for the full fiscal year.Procter & Gamble stock price

Original: P&G Tops Forecasts as Sales Growth Strengthens Across Portfolio

Intel Set to Drive Early Wall Street Rebound: Dow Jones, S&P, Nasdaq, FuturesApril 24, 2026 9:16 AM
IH Market News
U.S. stock futures are pointing to a higher open on Friday, suggesting markets could recover after the weakness seen in the previous session.A sharp rally in shares of Intel Corp (NASDAQ:INTC) is likely to support early buying, with the chipmaker jumping more than 25% in premarket trading.The surge follows stronger-than-expected first-quarter earnings from Intel, along with a second-quarter revenue outlook that exceeded analyst forecasts.



Corporate Movers Lift Sentiment



Procter & Gamble (NYSE:PG) is also trading higher ahead of the open after reporting fiscal third-quarter results that beat expectations.Investor sentiment is further supported by a pullback in oil prices, which are easing after recent sharp gains.According to Reuters, Iranian Foreign Minister Seyed Abbas Araghchi is set to arrive in Pakistan for talks with the U.S., raising hopes for de-escalation.Oil prices are also under pressure after President Donald Trump confirmed a three-week extension of the ceasefire between Israel and Lebanon.



Previous Session Ends Lower



After Wednesday’s rally, stocks moved broadly lower on Thursday, with major indices pulling back from recent highs.Although markets recovered somewhat after an early afternoon drop, they still closed firmly in negative territory. The Nasdaq fell 219.06 points, or 0.9%, to 24,438.50, the S&P 500 declined 29.50 points, or 0.4%, to 7,108.40, and the Dow Jones Industrial Average dropped 179.71 points, or 0.4%, to 49,310.32.Profit-taking played a role in the early weakness, following gains earlier in the week.



Stock-Specific Pressure



A significant decline in IBM (IBM) also weighed on the market, with shares falling 8.3% despite reporting earnings above expectations but failing to raise full-year guidance.Honeywell (NASDAQ:HON) also came under pressure after posting better-than-expected first-quarter earnings but issuing a weaker-than-expected outlook for the second quarter.In contrast, Texas Instruments (NASDAQ:TXN) surged 19.4% after reporting strong results and offering upbeat guidance.



Oil Volatility Adds Pressure



Stocks saw another wave of selling in the afternoon as oil prices spiked. Although U.S. crude futures later pulled back, they still ended the day up more than 3% after earlier surging nearly 6%.The jump followed reports from Israel’s N12 that Iran’s parliament speaker Mohammad Bagher Ghalibaf had stepped down from the country’s negotiating team due to tensions with the Revolutionary Guard.Concerns over a renewed escalation in the U.S.-Iran conflict also weighed on markets after President Donald Trump said he had ordered the Navy to “shoot and kill any boat” that is placing mines in the Strait of Hormuz.Trump added that Iran is “having a very hard time figuring out who their leader is,” citing divisions between “hardliners” and “moderates.”These comments increased uncertainty around the prospects for renewed peace talks, with Trump rejecting claims that he is “anxious” to end the conflict.



Sector Performance Mixed



Software stocks were among the hardest hit, with the Dow Jones U.S. Software Index dropping 5% after reaching its highest closing level in nearly three months in the previous session.ServiceNow (NYSE:NOW) led the decline, plunging 17.8% despite posting stronger-than-expected results.Computer hardware stocks also weakened, with the NYSE Arca Computer Hardware Index falling 2.9%.Gold, biotechnology and brokerage stocks also moved lower, while utilities and semiconductor shares posted gains during the session.Intel stock priceProcter & Gamble stock priceHoneywell stock priceTexas Instruments stock priceServiceNow stock price

Original: Intel Set to Drive Early Wall Street Rebound: Dow Jones, S&P, Nasdaq, Futures

P&G Announces Fiscal Year 2026 Third Quarter ResultsApril 24, 2026 7:00 AM
Business Wire
Net Sales +7%; Organic Sales 3%


Diluted EPS $1.63, +6%; Core EPS $1.59, +3%


MAINTAINS FISCAL YEAR SALES, EPS GROWTH AND CASH RETURN GUIDANCE


The Procter & Gamble Company (NYSE:PG) reported third quarter fiscal year 2026 net sales of $21.2 billion, an increase of seven percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased three percent versus the prior year. Diluted net earnings per share were $1.63, an increase of six percent versus prior year, driven by a gain from the dissolution of the Glad joint venture business. Core earnings per share were $1.59, an increase of three percent versus prior year.


Operating cash flow was $4.0 billion, and net earnings were $4.0 billion for the quarter. Adjusted free cash flow productivity was 82%. Adjusted free cash flow productivity is calculated as operating cash flow less capital spending, as a percentage of net earnings excluding the gain from the dissolution of the Glad joint venture business. The Company returned $3.2 billion of cash to shareowners via $2.5 billion of dividend payments and over $600 million of share repurchases. The dividend increase announced earlier this month marks the 70th consecutive year that P&G has increased its dividend and the 136th consecutive year that P&G has paid a dividend since its incorporation in 1890.




Third Quarter ($ billions, except EPS)








GAAP






2026






2025






% Change






 






Non-GAAP*






2026






2025






% Change








Net Sales






21.2






19.8






7%






 






Organic Sales






n/a






n/a






3%








Diluted EPS






1.63






1.54






6%






 






Core EPS






1.59






1.54






3%








*Please refer to Exhibit 1 - Non-GAAP Measures for the definition and reconciliation of these measures to the related GAAP measures.







“We delivered a solid acceleration in top-line results in our fiscal third quarter, with broad-based growth across product categories and regions,” said Shailesh Jejurikar, President and Chief Executive Officer. “We’re increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment, while still maintaining our guidance ranges for the fiscal year. We continue to believe the best path to sustainable, balanced growth is by strengthening execution of our integrated growth strategy. We are confident in the progress we’re making and excited about the longer-term opportunity to leverage P&G’s strengths and unique capabilities to create the CPG company of the future.”


January - March Quarter Discussion


Net sales in the third quarter of fiscal year 2026 were $21.2 billion, a seven percent increase versus the prior year. Organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, increased three percent driven by a two percent increase from volume and a one percent increase from higher pricing. Mix had a neutral impact on sales for the quarter.




January - March 2026






Volume






Foreign

Exchange






Price






Mix






Other (2)






Net Sales






Organic

Volume






Organic

Sales








Net Sales Drivers (1)








Beauty






5%






4%






1%






1%






—%






11%






5%






7%








Grooming






(2)%






6%






3%






—%






—%






7%






(2)%






1%








Health Care






(2)%






5%






2%






1%






1%






7%






(2)%






2%








Fabric & Home Care






2%






4%






1%






—%






—%






7%






2%






3%








Baby, Feminine & Family Care






3%






3%






—%






—%






—%






6%






3%






3%








Total P&G






2%






4%






1%






—%






—%






7%






2%






3%








(1) Net sales percentage changes are approximations based on quantitative formulas that are consistently applied.


(2) Other includes the sales mix impact from acquisitions and divestitures and rounding impacts necessary to reconcile volume to net sales.








Beauty segment organic sales increased seven percent versus year ago. Hair Care organic sales increased mid-single digits driven by volume increase and innovation-based pricing in North America and Europe. Personal Care organic sales increased high single digits driven by innovation-based volume growth, favorable geographic mix and pricing. Skin Care organic sales also increased high single digits driven by favorable premium product mix and a volume increase, partially offset by merchandising investments, primarily in Greater China.



Grooming segment organic sales increased one percent versus year ago as innovation-based pricing, primarily in North America and Europe, was partially offset by volume declines.



Health Care segment organic sales increased two percent versus year ago. Oral Care organic sales increased low single digits driven by innovation-based pricing, primarily in North America, and favorable premium product mix, partially offset by a volume decline, led by Greater China. Personal Health Care organic sales also increased low single digits driven by higher pricing, primarily in North America, and favorable geographic mix, partially offset by a volume decline, led by North America and Europe.



Fabric and Home Care segment organic sales increased three percent versus year ago. Fabric Care organic sales increased low single digits driven by a unit volume increase in North America. Home Care organic sales increased mid-single digits driven by a unit volume increase in Europe and higher pricing, primarily in Europe and North America.



Baby, Feminine and Family Care segment organic sales increased three percent versus year ago. Baby Care organic sales increased low single digits driven by an increase in unit volume, primarily in India, Middle East and Africa and Greater China. Feminine Care organic sales also increased low single digits driven by innovation-based pricing, primarily in North America, and favorable geographic mix, partially offset by a unit volume decline. Family Care organic sales increased mid-single digits driven by strong volume growth due to retail inventory reduction in the prior year, partially offset by merchandising investments.



Diluted net earnings per share increased by six percent versus the prior year to $1.63, driven by a gain from the dissolution of the Glad joint venture business. Core earnings per share increased three percent to $1.59 and currency-neutral core EPS was unchanged at $1.54.


Reported gross margin for the quarter decreased 150 basis points versus the prior year. Core gross margin and currency-neutral core gross margin for the quarter decreased 100 basis points versus the prior year and excluded the impact from incremental restructuring charges. The decrease was driven by 180 basis points of unfavorable mix, 100 basis points of reinvestments, 50 basis points of higher costs from tariffs, 20 basis points of rounding and other items and 10 basis points of unfavorable commodity costs, partially offset by gross productivity savings of 210 basis points and increased pricing of 50 basis points.


Reported selling, general and administrative expense (SG&A) as a percentage of sales increased 10 basis points versus year ago. Core SG&A as a percentage of sales decreased 10 basis points versus year ago and decreased 20 basis points on a currency-neutral basis. Core SG&A excluded the impact from incremental restructuring charges. The Core SG&A decrease was driven by 120 basis points of productivity savings, 90 basis points of positive scale impacts of the net sales increase and 20 basis points of rounding and other items, partially offset by 210 basis points of reinvestments.


Reported operating margin for the quarter decreased 150 basis points versus the prior year. Core operating margin for the quarter decreased 80 basis points versus the prior year and decreased 70 basis points on a currency-neutral basis. Core operating margin included gross productivity savings of 330 basis points.


Fiscal Year 2026 Guidance


P&G maintained its guidance range for fiscal 2026 all-in sales growth to be in the range of one to five percent versus the prior year. The net impacts of foreign exchange rates and acquisitions and divestitures are expected to be a tailwind of approximately one percentage point to all-in sales growth. The Company also maintained its outlook for organic sales growth in the range of in-line to up four percent versus the prior year.


P&G maintained its outlook for fiscal 2026 diluted net earnings per share growth to be in the range of one percent to six percent versus fiscal 2025 diluted net EPS of $6.51. P&G also maintained its fiscal 2026 core earnings per share growth to be in the range of in-line to up four percent versus fiscal 2025 core EPS of $6.83. This outlook equates to a range of $6.83 to $7.09 per share.


P&G now expects commodity costs to be a headwind of approximately $150 million after tax and higher costs from tariffs are estimated at approximately $400 million after tax for fiscal 2026. The Company continues to expect a net headwind of roughly $250 million after-tax from modestly higher net interest expense and a higher core effective tax rate versus the prior year. Foreign exchange is forecasted to be a tailwind of approximately $200 million after tax. Collectively these impacts equate to a headwind of $0.25 per share for fiscal 2026. The Company also noted it is increasing investments in innovation and demand creation to maintain positive momentum with consumers. Given these factors, P&G now expects fiscal 2026 EPS results to be toward the lower-end of the guidance range.


The Company is unable to reconcile its forward-looking non-GAAP cash flow and tax rate measures without unreasonable efforts given the unpredictability of the timing and amounts of discrete items, such as acquisitions, divestitures, or impairments, which could significantly impact GAAP results.


P&G continues to expect a core effective tax rate to be in the range of 20% to 21% in fiscal 2026.


Capital spending is estimated to be in the range of four to five percent of fiscal 2026 net sales.


P&G continues to expect adjusted free cash flow productivity of 85% to 90% and expects to pay around $10 billion in dividends and to repurchase approximately $5 billion of common shares in fiscal 2026.


Forward-Looking Statements


Certain statements in this release, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result" and similar expressions. Forward-looking statements are based on current expectations and assumptions, which are subject to risks and uncertainties that may cause results to differ materially from those expressed or implied in the forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, except to the extent required by law.


Risks and uncertainties to which our forward-looking statements are subject include, without limitation: (1) the ability to successfully manage global financial risks, including foreign currency fluctuations, changes in global interest rates and rate differentials, currency exchange, pricing controls or tariffs; (2) the ability to successfully manage local, regional or global economic volatility, including reduced market growth rates, and to generate sufficient income and cash flow to allow the Company to effect the expected share repurchases and dividend payments; (3) the ability to successfully manage uncertainties related to changing political and geopolitical conditions and potential implications such as exchange rate fluctuations, market contraction, boycotts, variability and unpredictability in trade relations, sanctions, tariffs or other trade controls; (4) the ability to manage disruptions in credit markets or to our banking partners or changes to our credit rating; (5) the ability to maintain key manufacturing and supply arrangements (including execution of supply chain optimizations and sole supplier and sole manufacturing plant arrangements) and to manage disruption of business due to various factors, including ones outside of our control, such as natural disasters, conflicts or acts of war (such as the conflict in the Middle East), terrorism or disease outbreaks; (6) the ability to successfully manage cost fluctuations and pressures, including prices of commodities and raw materials and costs of labor, transportation, energy, pension and healthcare; (7) the ability to compete with our local and global competitors in new and existing sales channels, including by successfully responding to competitive factors such as prices, promotional incentives and trade terms for products; (8) the ability to manage and maintain key customer relationships; (9) the ability to protect our reputation and brand equity by successfully managing real or perceived issues, including concerns about safety, quality, ingredients, efficacy, packaging content, supply chain practices, social or environmental practices or similar matters that may arise; (10) the ability to successfully manage the financial, legal, reputational and operational risk associated with third-party relationships, such as our suppliers, contract manufacturers, distributors, contractors and external business partners; (11) the ability to rely on and maintain key company and third-party information and operational technology systems, networks and services and maintain the security and functionality of such systems, networks and services and the data contained therein; (12) the ability to successfully manage the demand, supply and operational challenges, as well as governmental responses or mandates, associated with a disease outbreak, including epidemics, pandemics or similar widespread public health concerns; (13) the ability to stay on the leading edge of innovation, obtain necessary intellectual property protections and successfully respond to changing consumer habits, evolving digital marketing and selling platform requirements and technological advances attained by, and patents granted to, competitors; (14) the ability to successfully manage our ongoing acquisition, divestiture and joint venture activities, in each case to achieve the Company’s overall business strategy and financial objectives, without impacting the delivery of base business objectives; (15) the ability to successfully achieve productivity improvements and cost savings and manage ongoing organizational changes while successfully identifying, developing and retaining key employees, including in key growth markets where the availability of skilled or experienced employees may be limited; (16) the ability to successfully manage current and expanding regulatory and legal requirements and matters (including, without limitation, those laws, regulations, policies and related interpretations involving product liability, product and packaging composition, manufacturing processes, intellectual property, labor and employment, antitrust, privacy, cybersecurity, data protection and data transfers, artificial intelligence, tax, the environment, due diligence, risk oversight, accounting and financial reporting) and to resolve new and pending matters within current estimates; (17) the ability to manage changes in applicable tax laws and regulations; and (18) the ability to continue delivering progress towards our environmental sustainability ambitions.


For additional information concerning factors that could cause actual results and events to differ materially from those projected herein, please refer to our most recent 10-K, 10-Q and 8-K reports.


About Procter & Gamble


P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.



 





 



THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES








Consolidated Earnings Information








 






Three Months Ended March 31








Amounts in millions except per share amounts






 






2026






 






 






 






2025






 






 






% Chg








NET SALES






$






21,235






 






 






$






19,776






 






 






7%








Cost of products sold






 






10,722






 






 






 






9,694






 






 






11%








GROSS PROFIT






 






10,513






 






 






 






10,081






 






 






4%








Selling, general and administrative expense






 






5,936






 






 






 






5,524






 






 






7%








OPERATING INCOME






 






4,576






 






 






 






4,558






 






 






—%








Interest expense






 






(223






)






 






 






(217






)






 






3%








Interest income






 






100






 






 






 






111






 






 






(10)%








Other operating income, net






 






537






 






 






 






210






 






 






156%








EARNINGS BEFORE INCOME TAXES






 






4,989






 






 






 






4,661






 






 






7%








Income taxes






 






1,039






 






 






 






868






 






 






20%








NET EARNINGS






 






3,951






 






 






 






3,793






 






 






4%








Less: Net earnings attributable to noncontrolling interests






 






18






 






 






 






23






 






 






(22)%








NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE






$






3,932






 






 






$






3,769






 






 






4%








 






 






 






 






 






 








EFFECTIVE TAX RATE






 






20.8






%






 






 






18.6






%






 






 








 






 






 






 






 






 








NET EARNINGS PER COMMON SHARE (1)






 






 






 






 






 








Basic






$






1.66






 






 






$






1.58






 






 






5%








Diluted






$






1.63






 






 






$






1.54






 






 






6%








 






 






 






 






 






 








DIVIDENDS PER COMMON SHARE






$






1.0568






 






 






$






1.0065






 






 






 








DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING






 






2,416.5






 






 






 






2,449.8






 






 






 








 






 






 






 






 






 








COMPARISONS AS A % OF NET SALES






 






 






 






 






Basis Pt Chg








Gross profit






 






49.5%






 






 






51.0%






 






(150)








Selling, general and administrative expense






 






28.0%






 






 






27.9%






 






10








Operating income






 






21.5%






 






 






23.0%






 






(150)








Earnings before income taxes






 






23.5%






 






 






23.6%






 






(10)








Net earnings






 






18.6%






 






 






19.2%






 






(60)








Net earnings attributable to Procter & Gamble






 






18.5%






 






 






19.1%






 






(60)








(1) Basic net earnings per common share and Diluted net earnings per common share are calculated on Net earnings attributable to Procter & Gamble.










 



Certain columns and rows may not add due to rounding.











 






THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES








Consolidated Earnings Information








 






Three Months Ended March 31, 2026








Amounts in millions






Net Sales






% Change

Versus Year

Ago






Earnings/(Loss) Before

Income Taxes






% Change

Versus Year

Ago






Net Earnings/(Loss)






% Change

Versus Year

Ago








Beauty






$






3,866






11%






$






761






11%






$






579






7%








Grooming






 






1,608






7%






 






436






8%






 






331






3%








Health Care






 






3,073






7%






 






768






5%






 






579






2%








Fabric & Home Care






 






7,403






7%






 






1,689






3%






 






1,300






1%








Baby, Feminine & Family Care






 






5,058






6%






 






1,282






11%






 






980






11%








Corporate






 






225






N/A






 






54






N/A






 






181






N/A








Total Company






$






21,235






7%






$






4,989






7%






$






3,951






4%









 






Three Months Ended March 31, 2026








Net Sales Drivers (1)






Volume






 






Organic

Volume






 






Foreign

Exchange






 






Price






 






Mix






 






Other (2)






 






Net Sales








Beauty






5%






 






5%






 






4%






 






1%






 






1%






 






—%






 






11%








Grooming






(2)%






 






(2)%






 






6%






 






3%






 






—%






 






—%






 






7%








Health Care






(2)%






 






(2)%






 






5%






 






2%






 






1%






 






1%






 






7%








Fabric & Home Care






2%






 






2%






 






4%






 






1%






 






—%






 






—%






 






7%








Baby, Feminine & Family Care






3%






 






3%






 






3%






 






—%






 






—%






 






—%






 






6%








Total Company






2%






 






2%






 






4%






 






1%






 






—%






 






—%






 






7%








(1) Net sales percentage changes are approximations based on quantitative formulas that are consistently applied.


(2) Other includes the sales mix impact from acquisitions and divestitures and rounding impacts necessary to reconcile volume to net sales.










 



Certain columns and rows may not add due to rounding.











 






THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES








Consolidated Statements of Cash Flows








 






Nine Months Ended March 31








Amounts in millions






 






2026






 






 






 






2025






 








CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD






$






9,556






 






 






$






9,482






 








OPERATING ACTIVITIES (1)






 






 






 








Net earnings






 






13,063






 






 






 






12,439






 








Depreciation and amortization






 






2,348






 






 






 






2,124






 








Share-based compensation expense






 






394






 






 






 






364






 








Deferred income taxes






 






178






 






 






 






183






 








(Gain)/loss on sale of assets






 






(345






)






 






 






782






 








Change in accounts receivable






 






(186






)






 






 






(79






)








Change in inventories






 






(346






)






 






 






(409






)








Change in accounts payable






 






196






 






 






 






(547






)








Other






 






(877






)






 






 






(2,026






)








TOTAL OPERATING ACTIVITIES






 






14,425






 






 






 






12,832






 








INVESTING ACTIVITIES






 






 






 








Capital expenditures






 






(3,386






)






 






 






(2,777






)








Proceeds from asset sales






 






501






 






 






 






64






 








Acquisitions, net of cash acquired






 






(85






)






 






 






(11






)








Other investing activity






 






(458






)






 






 






(33






)








TOTAL INVESTING ACTIVITIES






 






(3,428






)






 






 






(2,755






)








FINANCING ACTIVITIES






 






 






 








Dividends to shareholders






 






(7,623






)






 






 






(7,319






)








Additions to short-term debt with original maturities of more than three months






 






7,785






 






 






 






5,905






 








Reductions in short-term debt with original maturities of more than three months






 






(6,353






)






 






 






(3,781






)








Net additions/(reductions) to other short-term debt






 






1,028






 






 






 






(543






)








Additions to long-term debt






 






2,652






 






 






 






995






 








Reductions in long-term debt






 






(2,361






)






 






 






(1,478






)








Treasury stock purchases






 






(4,153






)






 






 






(5,800






)








Impact of stock options and other






 






872






 






 






 






1,601






 








TOTAL FINANCING ACTIVITIES






 






(8,154






)






 






 






(10,420






)








EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH






 






(94






)






 






 






(22






)








CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH






 






2,749






 






 






 






(365






)








CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD






$






12,306






 






 






$






9,116






 








(1) Certain prior period amounts within Operating Activities have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the previously reported Total Operating Activities.










 



Certain columns and rows may not add due to rounding.










 




 




 



THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES








Condensed Consolidated Balance Sheets








Amounts in millions






March 31, 2026






 






June 30, 2025








Cash and cash equivalents






$






12,306






 






$






9,556








Accounts receivable






 






6,322






 






 






6,185








Inventories






 






7,853






 






 






7,551








Prepaid expenses and other current assets






 






1,506






 






 






2,100








TOTAL CURRENT ASSETS






 






27,987






 






 






25,392








Property, plant and equipment, net






 






24,574






 






 






23,897








Goodwill






 






41,359






 






 






41,650








Trademarks and other intangible assets, net






 






21,531






 






 






21,910








Other noncurrent assets






 






12,928






 






 






12,381








TOTAL ASSETS






$






128,378






 






$






125,231








 






 






 






 








Accounts payable






$






15,030






 






$






15,227








Accrued and other liabilities






 






10,031






 






 






11,318








Debt due within one year






 






13,174






 






 






9,513








TOTAL CURRENT LIABILITIES






 






38,235






 






 






36,058








Long-term debt






 






23,852






 






 






24,995








Deferred income taxes






 






6,047






 






 






5,774








Other noncurrent liabilities






 






5,513






 






 






6,120








TOTAL LIABILITIES






 






73,647






 






 






72,946








TOTAL SHAREHOLDERS' EQUITY






 






54,731






 






 






52,284








TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY






$






128,378






 






$






125,231












 



Certain columns and rows may not add due to rounding.












The Procter & Gamble Company


Exhibit 1: Non-GAAP Measures


The following provides definitions of the non-GAAP measures used in Procter & Gamble's April 24, 2026 earnings release and the reconciliation to the most closely related GAAP measures. We believe that these measures provide useful perspective on underlying business trends (i.e., trends excluding non-recurring or unusual items) and results and provide a supplemental measure of period-to-period results. The non-GAAP measures described below are used by management in making operating decisions, allocating financial resources and for business strategy purposes. These measures may be useful to investors, as they provide supplemental information about business performance and provide investors a view of our business results through the eyes of management. Certain of these measures are also used to evaluate senior management and are a factor in determining their at-risk compensation. These non-GAAP measures are not intended to be considered by the user in place of the related GAAP measures but rather as supplemental information to our business results. These non-GAAP measures may not be the same as similar measures used by other companies due to possible differences in method and in the items or events being adjusted. The Company is not able to reconcile its forward-looking non-GAAP cash flow and tax rate measures because the Company cannot predict the timing and amounts of discrete items such as acquisition and divestitures, which could significantly impact GAAP results. Note that certain columns and rows may not add due to rounding.


The Core earnings measures included in the following reconciliation tables refer to the equivalent GAAP measures adjusted as applicable for the following item:



Incremental restructuring: The Company has historically had an ongoing level of restructuring activities of approximately $250 - $500 million before tax. On June 5, 2025, the Company announced a portfolio and productivity plan to streamline its portfolio and organization to improve its cost structure and competitiveness. In the fiscal year ended June 30, 2024, the Company started a limited market portfolio restructuring of its business operations, primarily in certain Enterprise Markets, including Argentina and Nigeria, to address challenging macroeconomic and fiscal conditions. During the period ended September 30, 2024, the Company completed this limited market portfolio restructuring with the substantial liquidation of its operations in Argentina. The adjustment to Core earnings includes the restructuring charges that exceed the normal, recurring level of restructuring charges.




Glad joint venture agreement: In January 2026, the Glad joint venture agreement between the Company and The Clorox Company (Clorox) expired. Under the terms of the agreement, Clorox purchased the Company’s minority interest in the venture at fair market, for $476 million. This transaction was accounted for as a dissolution of the Glad joint venture business and the Company recorded an after-tax gain of $261 million.



We do not view the above items to be part of our sustainable results, and their exclusion from Core earnings measures provides a more comparable measure of year-on-year results. These items are also excluded when evaluating senior management in determining their at-risk compensation.


Organic sales growth: Organic sales growth is a non-GAAP measure of sales growth excluding the impacts of acquisitions and divestitures and foreign exchange from year-over-year comparisons. We believe this measure provides investors with a supplemental understanding of underlying sales trends by providing sales growth on a consistent basis. This measure is used in assessing the achievement of management goals for at-risk compensation.


Core EPS and Currency-neutral Core EPS: Core earnings per share, or Core EPS, is a measure of diluted net earnings per common share (diluted EPS) adjusted for items as indicated. Currency-neutral Core EPS is a measure of the Company's Core EPS excluding the incremental current year impact of foreign exchange. Management views these non-GAAP measures as useful supplemental measures of Company performance over time.


Core gross margin and Currency-neutral Core gross margin: Core gross margin is a measure of the Company's gross margin adjusted for items as indicated. Currency-neutral Core gross margin is a measure of the Company's Core gross margin excluding the incremental current year impact of foreign exchange. Management believes these non-GAAP measures provide a supplemental perspective to the Company’s operating efficiency over time.


Core selling, general and administrative (SG&A) expense as a percentage of sales and Currency-neutral Core SG&A expense as a percentage of sales: Core SG&A expense as a percentage of sales is a measure of the Company's selling, general and administrative expense as a percentage of net sales adjusted for items as indicated. Currency-neutral Core SG&A expense as a percentage of sales is a measure of the Company's Core selling, general and administrative expense as a percentage of net sales excluding the incremental current year impact of foreign exchange. Management believes these non-GAAP measures provide a supplemental perspective to the Company's operating efficiency over time.


Core operating margin and Currency-neutral Core operating margin: Core operating margin is a measure of the Company's operating margin adjusted for items as indicated. Currency-neutral Core operating margin is a measure of the Company's Core operating margin excluding the incremental current year impact of foreign exchange. Management believes these non-GAAP measures provide a supplemental perspective to the Company’s operating efficiency over time.


Adjusted free cash flow: Adjusted free cash flow is defined as operating cash flow less capital spending. Adjusted free cash flow represents the cash that the Company is able to generate after taking into account planned maintenance and asset expansion. We view adjusted free cash flow as an important measure because it is one factor used in determining the amount of cash available for dividends, share repurchases, acquisitions and other discretionary investments.


Adjusted free cash flow productivity: Adjusted free cash flow productivity is defined as the ratio of adjusted free cash flow to net earnings excluding the gain from the dissolution of the Glad joint venture business. We view adjusted free cash flow productivity as a useful measure to help investors understand P&G’s ability to generate cash. Adjusted free cash flow productivity is used by management in making operating decisions, in allocating financial resources and for budget planning purposes. This measure is also used in assessing the achievement of management goals for at-risk compensation.



 



THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES




Reconciliation of Non-GAAP Measures








 






Three Months Ended March 31, 2026






 






Three

Months

Ended March

31, 2025








Amounts in millions except per share amounts






As Reported

(GAAP)






 






Incremental

Restructuring






 






Glad Joint

Venture

Agreement






 






Core

(Non-GAAP)






 






As Reported




(GAAP) (1)








Cost of products sold






$






10,722






 






 






$






(115






)






 






$






—






 






 






$






10,606






 






 






$






9,694






 








Gross profit






 






10,513






 






 






 






115






 






 






 






—






 






 






 






10,628






 






 






 






10,081






 








Gross margin






 






49.5






%






 






 






0.5






%






 






 






—






%






 






 






50.0






%






 






 






51.0






%








Currency impact to Core gross margin






 






 






 






 






 






 






 






—






%






 






 








Currency-neutral Core gross margin






 






 






 






 






 






 






 






50.0






%






 






 








Selling, general and administrative expense






 






5,936






 






 






 






(28






)






 






 






—






 






 






 






5,908






 






 






 






5,524






 








Selling, general and administrative expense as a % of net sales






 






28.0






%






 






 






(0.2






)%






 






 






—






%






 






 






27.8






%






 






 






27.9






%








Currency impact to Core selling, general and administrative expense as a % of net sales






 






 






 






 






 






 






 






(0.1






)%






 






 








Currency-neutral Core selling, general and administrative expense as a % of net sales






 






 






 






 






 






 






 






27.7






%






 






 








Operating income






 






4,576






 






 






 






144






 






 






 






—






 






 






 






4,720






 






 






 






4,558






 








Operating margin






 






21.5






%






 






 






0.7






%






 






 






—






%






 






 






22.2






%






 






 






23.0






%








Currency impact to Core operating margin






 






 






 






 






 






 






 






0.1






%






 






 








Currency-neutral Core operating margin






 






 






 






 






 






 






 






22.3






%






 






 








Other non-operating income/(expense), net






 






537






 






 






 






—






 






 






 






(343






)






 






 






194






 






 






 






210






 








Income taxes






 






1,039






 






 






 






(23






)






 






 






(81






)






 






 






934






 






 






 






868






 








Net earnings






 






3,951






 






 






 






167






 






 






 






(261






)






 






 






3,856






 






 






 






3,793






 








Less: Net earnings attributable to noncontrolling interests






 






18






 






 






 






5






 






 






 






—






 






 






 






23






 






 






 






23






 








Net earnings attributable to P&G






 






3,932






 






 






 






162






 






 






 






(261






)






 






 






3,833






 






 






 






3,769






 








 






 






 






 






 






 






 






Core EPS






 






 








Diluted net earnings per common share (2)






$






1.63






 






 






$






0.07






 






 






$






(0.11






)






 






$






1.59






 






 






$






1.54






 








Currency impact to Core EPS






 






 






 






 






 






 






$






(0.05






)






 






 








Currency-neutral Core EPS






 






 






 






 






 






 






$






1.54






 






 






 








Diluted weighted average common shares outstanding






 






2,416.5






 






 






 






 






 






 






 






 






 






2,449.8






 








(1) For the three months ended March 31, 2025, there were no adjustments to or reconciling items for Core EPS.




(2) Diluted net earnings per common share are calculated on Net earnings attributable to Procter & Gamble.












 



CHANGE VERSUS YEAR AGO






 






 






 









Gross margin






(150






)






 






BPS









Core gross margin






(100






)






 






BPS









Currency-neutral Core gross margin






(100






)






 






BPS









Selling, general and administrative expense as a % of net sales






10






 






 






BPS









Core selling, general and administrative expense as a % of net sales






(10






)






 






BPS









Currency-neutral Core selling, general and administrative as a % of net sales






(20






)






 






BPS









Operating margin






(150






)






 






BPS









Core operating margin






(80






)






 






BPS









Currency-neutral Core operating margin






(70






)






 






BPS









Diluted EPS






6






%






 






 









Core EPS






3






%






 






 









Currency-neutral Core EPS






—






%






 






 








Organic sales growth:




January - March 2026






Net Sales Growth






 






Foreign Exchange

Impact






 






Acquisition &

Divestiture

Impact/Other (1)






 






Organic Sales

Growth








Beauty






11%






 






(4)%






 






—%






 






7%








Grooming






7%






 






(6)%






 






—%






 






1%








Health Care






7%






 






(5)%






 






—%






 






2%








Fabric & Home Care






7%






 






(4)%






 






—%






 






3%








Baby, Feminine & Family Care






6%






 






(3)%






 






—%






 






3%








Total Company






7%






 






(4)%






 






—%






 






3%








(1) Acquisition & Divestiture Impact/Other includes the volume and mix impact of acquisitions and divestitures and rounding impacts necessary to reconcile net sales to organic sales.









Total Company






 






Net Sales Growth






 






Combined Foreign Exchange &

Acquisition/Divestiture Impact/Other (1)






 






Organic Sales Growth








FY 2026 (Estimate)






 






+1% to +5%






 






-1%






 






-% to +4%








(1) Combined Foreign Exchange & Acquisition/Divestiture Impact/Other includes foreign exchange impacts, the volume and mix impact of acquisitions and divestitures and rounding impacts necessary to reconcile net sales to organic sales.







Core EPS growth:




Total Company






 






Diluted EPS Growth






 






Impact of Incremental Non-Core Items(1)






 






Core EPS Growth








FY 2026 (Estimate)






 






+1% to +6%






 






-1% to -2%






 






-% to +4%








(1) Includes the impact of incremental non-core restructuring charges including the limited market portfolio restructuring with the substantial liquidation of its operations in Argentina incurred in fiscal 2025 and the incremental restructuring and gain from the dissolution of the Glad joint venture business in fiscal 2026.







Adjusted free cash flow (dollar amounts in millions):




Three Months Ended March 31, 2026








Operating Cash Flow






 






Capital Spending






 






Adjusted Free Cash Flow








$4,045






 






$(1,019)






 






$3,026







Adjusted free cash flow productivity (dollar amounts in millions):




Three Months Ended March 31, 2026








Adjusted Free Cash Flow






 






Net Earnings






 






Adjustments to Net

Earnings (1)






 






Net Earnings as Adjusted






 






Adjusted Free Cash Flow

Productivity








$3,026






 






$3,951






 






$(261)






 






$3,690






 






82%








(1) Adjustments to Net earnings relate to the gain from the dissolution of the Glad joint venture business.










 



Certain columns and rows may not add due to rounding.







Category: PG-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20260424407741/en/
P&G Media Contacts:

Wendy Kennedy, 513.780.7212

Henry Molski, 513.505.3587


P&G Investor Relations Contact:

John Chevalier, 513.983.9974


Original: P&G Announces Fiscal Year 2026 Third Quarter Results