Author: Al Jazeera
\ Published on: 29/07/2025 | 00:00:00

AI Summary:
\ Procter & Gamble will need to raise prices on a quarter of the goods it sells in the United States starting this month. The price hikes have been communicated to retailers such as Walmart and Target and are in the mid-single digits across categories. In May, Walmart also announced that it would need to increase prices on goods sold at the big box retailer because of the economic impact of tariffs. Growth stalls P&G expects fiscal 2026 annual net sales growth of between 1 percent and 5 percent, largely below estimates of a 3.09 percent growth. Market growth slowed from where it was at the start of the year in both the US and Europe. The consumer clearly is more selective in terms of shopping behaviour in our categories. Prices rose about 1 percent in the fourth quarter, while volumes were flat. P&G expects fiscal 2026 core net earnings per share growth in the range of $6.83 and $7.09. On Wall Street, the company’s stock over the last five days is down 0.5%, down 1.1 percent for the month.

Original: 524 words
\ Summary: 179 words
\ Percent reduction: 65.84%

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