CLAIM #49228 · Procter & Gamble Company (PG) · 2025Q4 earnings call · Jul 29, 2025 · due Jun 30, 2026
“And the savings as well are coming. Obviously, the restructuring savings are coming in the second half of the year.”
Andre Schulten · CFO
In context
“y that you always have. So you layer all of that on top, and you can see easily between the top line and those effects how the range is wider than we typically have. In any case, be assured, our objective is to firmly be at the upper end of the range and we work and do everything we can to be in the middle of upper range. But again, there's many factors on the macro side which we don't control, which we have to take into account. Jon R. Moeller: Quarterly timing. Andre Schulten: Jon reminds me on the quarterly timing. It is going to be an upward trajectory on EPS, as you can appreciate. Some of the pricing recovery of the tariffs will come later in the year. The category acceleration is expected to happen later in the year, so it will be an upward trajectory from quarter 1 upwards. Right. And the savings as well are coming. Obviously, the restructuring savings are coming in the second half of the year. Operator: Our next question will come from Peter Grom of UBS. Peter K. Grom: Jon, Shailesh, congratulations from my end as well. Jon, we're definitely going to miss you. So I kind of wanted to pick up on that last point, Andre. I wanted to get some perspective from -- actually from both of you just in terms of category growth and kind of this trend line that we've seen over the last few months and how that compares to what you were expecting. And I know the team's long expressed confidence in the category growth returning to historical averages, but the timing has been a bit of a wildcard. But I guess just going back to the last call, category growth is running at 2.5%. Andre, I think you mentioned it's now running closer to 1.5%. Can you maybe just unpack what's really happening, the dri”
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SEC filings for PG ↗ · Claim quote is verbatim from the 2025Q4 earnings call.