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P&G’s Q1 profit jumps 20% on China recovery

Procter & Gamble reported strong Q1 results for fiscal year 2026 (July-September 2025), with net profit jumping 20% YoY to $4.78 billion. Net sales increased 3% to $22.39 billion, marking the company’s highest Q1 figures in five years. China showed significant recovery with organic sales up 5% and mainland China up 6%. SK-II led the rebound with 12% sales growth, while baby care also performed strongly. The Beauty division was the standout performer globally, rising 6% to $4.13 billion. P&G maintained its fiscal 2026 guidance, projecting sales growth between 1% and 5%. Current COO Shailesh Jejurikar will become CEO on January 1, 2026.

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