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1、News ReleaseThe Procter&Gamble CompanyOne P&G PlazaCincinnati,OH 45202P&G ANNOUNCES FISCAL YEAR 2026 SECOND QUARTER RESULTSNet Sales+1%;Organic Sales 0%Diluted EPS$1.78,-5%;Core EPS$1.88,0%UPDATES GAAP EPS FOR RESTRUCTURING OUTLOOKMAINTAINS FISCAL YEAR SALES,CORE EPS GROWTH AND CASH RETURN GUIDANCE

2、CINCINNATI,January 22,2026-The Procter&Gamble Company(NYSE:PG)reported second quarter fiscal year 2026 net sales of$22.2 billion,an increase of one percent versus the prior year.Organic sales,which excludes the impacts of foreign exchange and acquisitions and divestitures,were unchanged versus the p

3、rior year.Diluted net earnings per share were$1.78,a decrease of five percent versus prior year,due primarily to incremental restructuring charges in the current year.Core earnings per share were$1.88,in-line versus prior year.Operating cash flow was$5.0 billion,and net earnings were$4.3 billion for

4、 the quarter.Adjusted free cash flow productivity was 88%.Adjusted free cash flow productivity is calculated as operating cash flow less capital spending,as a percentage of net earnings.The Company returned$4.8 billion of cash to shareowners via$2.5 billion of dividend payments and$2.3 billion of sh

5、are repurchases.Second Quarter($billions,except EPS)GAAP20262025%ChangeNon-GAAP*20262025%ChangeNet Sales22.221.91%Organic Salesn/an/a%Diluted EPS1.781.88(5)%Core EPS1.881.88%*Please refer to Exhibit 1-Non-GAAP Measures for the definition and reconciliation of these measures to the related GAAP measu

6、res.“Our results in the second quarter keep us on track to deliver within our fiscal year guidance ranges for organic sales growth,core EPS growth and adjusted free cash flow productivity in a challenging consumer and geopolitical environment,”said Shailesh Jejurikar,President and Chief Executive Of