Procter & Gamble Company has published the transcript of its Q2 2026 Earnings Conference Call, where company management addressed financial results and business performance for the quarter ended December 31, 2025. The event was attended by senior executives who discussed key financial metrics, including the use of non-GAAP measures to provide "useful perspective on underlying business trends" and to supplement year-on-year results. During the call, management highlighted the company's efforts to streamline its portfolio and organization through a limited market restructuring, notably including the substantial liquidation of operations in Argentina. They emphasized the importance of adjusted free cash flow as "one factor used in determining the amount of cash available for dividends, share repurchases, acquisitions and other discretionary investments." The management team also explained the rationale behind using core earnings, stating it helps "provide investors a view of our business results through the eyes of Management." An executive noted, "These non-GAAP measures are not intended to be considered by the user in place of the related GAAP measure, but rather as supplemental information to our business results." The full transcript can be accessed through the link below.

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