P&G Stock Slips on Higher Costs Despite Strong Profit Growth

Procter & Gamble Co.'s stock slipped to $146.44 on September 7, 2026, down 0.33 percent from its prior close.

The company's FY26 profit and sales numbers took center stage after the July quarter, with earnings per share increasing by 34.5 percent to INR 264 and revenue rising by 27.1 percent to INR 4,290 crore.

Despite this growth, a cautious tone has been maintained due to higher raw material, energy, and transport costs for fiscal 2027.

The company's dividend recommendation of INR 255 for FY26 demonstrates the strong cash returns generated by its scale in the consumer staples sector.