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00:02Procter & Gamble warned of a $150 million hit to annual profit from higher input costs tied to the Middle
00:09East conflict, according to Reuters.
00:11The consumer goods maker cited commodity inflation, feedstock exposure, and logistics disruption.
00:17The company said oil prices rose from $60 to about $100 per barrel, increasing packaging and transportation costs.
00:23It expects fiscal 2026 earnings per share at the lower end of its flat to 4% growth range and
00:29maintained a nearly $400 million tariff impact estimate.
00:33Quarterly results beat expectations, with earnings of $1.59 per share on $21.24 billion in revenue, above estimates of
00:43$1.56 and $20.50 billion.
00:46Organic volume rose 2%, and beauty segment growth reached 5%.
00:51For all things money, visit Benzinga.com.
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