Procter & Gamble Tops Sales, Profit Estimates, Names New CEO
1. PG reported a core EPS of $1.48, exceeding forecasts. 2. Revenue rose 2% to $20.9 billion, better than expected. 3. Sales grew in all categories except Beauty, which was flat. 4. The new CEO will take over in 2026 as restructuring begins. 5. PG aims for 1%-5% sales growth in fiscal 2026.