• Procter & Gamble released transcript materials from fiscal Q3 2026 earnings conference call attended by management.
• Management outlined Q3 organic sales growth of 3%, reflecting 7% net sales growth offset by 4% foreign-exchange headwinds.
• Core EPS for quarter ended March 31 rose to $1.59 from $1.54, with diluted EPS at $1.63 including a $0.11 per-share gain tied to Glad joint venture dissolution.
• Core gross margin fell 100 basis points to 50%, with core operating margin down 80 basis points to 22.2%.
• Adjusted free cash flow was $3.03 billion on operating cash flow of $4.05 billion, with adjusted free cash flow productivity at 82%.

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