P&G Lifts FY27 All-In Sales Growth Guidance to 2-4% on Thorne Acquisition; Shares Rise 3.3%

Procter & Gamble Co. (PG) raised its full-year fiscal 2027 all-in sales growth outlook to 2 to 4 percent from a prior 1 to 3 percent, reflecting the acquisition of Thorne as of October 1, 2026. The company maintained its annual earnings, core net earnings and organic sales growth guidance. Shares rose 3.26 percent to $162.00 in Thursday's pre-market trading on the NYSE. P&G continues to project fiscal 2027 earnings per share growth of 1 to 5 percent from a base of $6.62, implying $6.69 to $6.95 per share. Core net earnings per share are expected to grow 0 to 3 percent from a base of $6.89, implying $6.89 to $7.11 per share. Organic sales growth is forecast at 1 to 3 percent. The company also reiterated adjusted free cash flow productivity of 85 to 90 percent and expects to pay about $10 billion in dividends and repurchase $5 billion of common shares in fiscal 2027. The guidance was released alongside first-quarter fiscal 2027 results on Thursday.