Financial News

P&G Blames Tariffs for Upcoming Price Increases

Mid-single-digit price increase goes into effect August 1.

Procter & Gamble will raise prices on about 25% of its US products on August 1. The move will offset rising tariff-related expenses, the company announced following its fourth-quarter earnings report. Chief Financial Officer Andre Schulten said Wednesday that the company will implement mid-single-digit price increases across roughly a quarter of its portfolio. The price hikes come as P&G anticipates $1 billion in pre-tax tariff costs for fiscal year 2026. Price Increases Across Cat...

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