Overview
- P&G reported a 2% drop in Q3 FY25 net sales to $19.78 billion, falling short of analysts’ expectations of $20.11 billion.
- The company revised its fiscal 2025 sales guidance to flat year-over-year, down from its earlier projection of 2% to 4% growth.
- Core earnings per share guidance was lowered to $6.72–$6.82, from the previous range of $6.91–$7.05.
- CEO Jon Moeller attributed the adjustments to weaker consumer spending and market challenges, while expressing confidence in long-term growth prospects.
- P&G shares declined nearly 2% following the announcement, reflecting investor concerns over the lowered outlook.