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PG: Procter & Gamble
_Last updated 2026-10-30 09:00 ET from report. Screening/research, not investment advice._
Business
Household and personal care (Tide, Pantene, Pampers); acquired Thorne (supplements) on Oct 1, 2026. TRAI sector: Consumer Staples; cluster 4.
Catalysts, guidance & news
- FY27 Q1 (2026-10-22 BMO): sales $23.3B (+4%, organic +4%: volume +2, mix +1); core EPS $2.00 (+1%) vs $1.88 est. (LSEG); core op. margin −80 bp (P&G release; CNBC).
- Guide: all-in sales 2–4% (raised for Thorne); organic 1–3% and core EPS $6.89–$7.11 kept; commodity headwind ~$1.4B after tax (was $1.0B), rising over the next two quarters (Reuters via Investing.com, 2026-10-22).
- Fiscal-period check: this is FY2027 Q1 (Jul–Sep 2026), not Q3 (whiggity's flag; the notes were already correct). Core gross margin −150 bp, including −140 bp from commodities; the headwind is "driven by higher raw materials, energy and transportation costs" (P&G release, 2026-10-22; consult items 1, 5).
- Next print ~2027-01-21 (TRAI estimate).
TRAI data
- Reaction 10-22: gap +3.38%, day-1 +2.13%, c-c +5.58%; residual z 5.35 but fails liquidity (ATR% 1.90%) (/api/latest, /api/events). Day 2 (10-23): −2.70%, o→c −1.76% (Yahoo).
- Last 4: avg |gap| 3.53% (1.97 ATR), fill 0/4.
- Top 60d ρ: MDLZ 0.64, KHC 0.61, PEP 0.58, KO 0.57 (/api/correlations).
Linkages (Yahoo daily, 20 prints, my calc)
- PG print → XLP ρ 0.70; PEP/MDLZ same-sign 60–65%; MO/PM do not follow.
2026-10-30 09:00 update
- Premarket ~+2.2% with the defensive staples rotation (TRAI 8:53).