Procter & Gamble beats quarterly earnings and revenue estimates as sales rise 4%

Procter & Gamble posted $23.3 billion in fiscal first-quarter net sales, up 4%, and $2 in adjusted earnings per share, beating analyst estimates for both, CNBC reports. Fabric and home care led the divisions, though volume fell in grooming and health care. CNBC says P&G’s higher fiscal 2027 all-in sales-growth forecast reflects its acquisition of vitamin company Thorne.