Procter & Gamble Posts Earnings Beat and Names New CEO. The Stock Is Rising. - Barron's
1. P&G posted quarterly earnings of $1.48, beating expectations. 2. Sales reached $20.9 billion, slightly above forecasts. 3. CEO transition to Shailesh Jejurikar begins January 2026. 4. Company anticipates 0%-4% organic sales growth for 2026. 5. P&G plans to cut 15% of non-manufacturing jobs.