PG · 8-K · 20261022PR000252

FY 2027 Guidance / Outlook

PROCTER & GAMBLE Co · 2026-10-22 · Importance 57 · Surprise 60 · No source text

P&G maintained FY 2027 organic sales growth guidance of 1% to 3% and core EPS growth guidance of 0% to 3%. It updated net sales growth guidance to 2% to 4%, while maintaining all-in EPS growth guidance of 1% to 5%. The outlook includes an organic-sales headwind of 30 to 50 basis points from brand, product-form and go-to-market discontinuations. Guidance also calls for a 20% to 21% core effective tax rate, 85% to 90% free-cash-flow productivity, capital spending of 4.5% to 5.5% of sales, more than $10 billion of dividends and approximately $5 billion of direct share repurchases.

Key facts

• FY 2027 guidance for Organic Sales Growth is +1% to +3%. source
• FY 2027 Net Sales Growth guidance is +2% to +4%. source
• FY 2027 Core EPS Growth guidance is +0% to +3%. source
• FY 2027 All-in EPS Growth guidance is +1% to +5%. source
• FY 2027 guidance states included in organic sales is a growth headwind of 30 to 50 basis points from brand, product form and go-to-market discontinuations. source

Impact estimates