宝洁FY2027一季度营收/EPS双超预期、有机销售+4%，但全年核心EPS指引维持，盘前已涨约2.7%

Procter & Gamble Company ( PG ) gained in early trading on Thursday after the household products giant showed solid results across its key segments with its fiscal first-quarter earnings report. Organic sales were up 4.0% for the quarter that ended on September 30, beating the consensus estimate for a gain of 2.0%. Volume was up 2.4% during the quarter, while pricing edged 0.4% higher. Total revenue was up 4.0% to $23.3B. Notably, the beauty segment's organic sales increased 5.4% year-over-year as hair care organic sales increased mid-single digits driven by innovation-based pricing in North America and Latin America, a favorable product mix, and an increase in unit volume. Personal Care organic sales increased mid-single digits, driven by volume growth in Greater China and Europe and a favorable product mix, partially offset by trade investments. Grooming segment organic sales increased 5%, driven by innovation-based pricing, primarily in North America and IMETA, and a favorable product mix. The Fabric and Home Care segment's organic sales increased 5% compared to last year. Fabric Care organic sales increased mid-single digits driven by volume increases in North America and Europe and favorable geographic mix. The Cincinnati-based company reported that its core gross margin for the quarter was down 150 basis points from a year ago. The decrease was driven by 140 basis points of higher costs from commodities, 140 basis points of product reinvestments, 50 basis points of unfavorable mix, and 10 basis points of rounding and other items, partially offset by 120 basis points of gross productivity savings, 50 basis points of tariff impact from lower costs and recognized recoveries, and 20 basis points of increased pricing. Non-GAAP EPS of $2.00 beat the consensus estimate of $1.89 and was slightly higher than last year's mark of $1.99. Looking ahead, P&G ( PG ) expects full-year core EPS of  $6.89 to $7.11 per share, with a midpoint estimate of $7.00 vs. $6.97 consensus. CEO outlook: "While we expect there will continue to be geopolitical and economic challenges, this strong start keeps us on track to deliver within our guidance ranges for organic sales growth, core EPS growth, and free cash flow productivity for the fiscal year. We remain committed to our strategy to delight consumers with superior products at a superior value by putting the consumer first in everything we do." Shares of Procter & Gamble ( PG ) were up 2.7% in premarket trading. Peers Church & Dwight ( CHD ), Clorox ( CLX ), and Colgate-Palmolive ( CL ) are on watch as well. The ETFs with the highest weighting of P&G are the iShares US Consumer Staples ETF ( IYK ), the Vanguard Consumer Staples Index Fund ETF ( VDC ), and the Fidelity MSCI Consumer Staples Index ETF ( FSTA ).