P&G Q3 FY 25/26 Earnings Release
Dear External Business Partners:
I am honored to step into the role of Chief Purchasing Officer for P&G and to reach out to you directly for the first time, continuing our tradition of the External Business Partner quarterly letter. I’ve spent 28 years at P&G, with experience in Finance, Marketing, Sales, Media, General Management, and Purchases. Most recently, I led Fabric & Home Care Purchases and P&G Chemicals. Those experiences have shaped how I see our work – and especially how I think about partnership.
In everyday moments – doing laundry, cleaning up, taking care of yourself or your family – people are experiencing decisions made well before a product reaches a home. The choices we make together early on – what we source, how we collaborate, and how we solve problems – are reflected in the superiority of P&G products people rely on every day.
While the title is new, the way I approach our relationships is not. The strongest partnerships are built on trust, integrity, ownership, and a genuine desire to delight consumers together. That’s what I value, and what you can expect from P&G as we move forward together.
Q3 Earnings Update
This quarter, P&G delivered a solid acceleration in top-line results, with broad-based growth across product categories and regions. We remain on track within our fiscal year guidance ranges, reflecting continued progress against our integrated growth strategy. This performance is driven by a strong execution across our entire value chain – and you are an essential part of it. Your reliability, agility, and commitment to quality play a meaningful role in delivering superiority that matters to our consumers. As expectations continue to rise and the environment grows more complex, strong partnerships like ours will be an even greater source of shared advantage.
I encourage you to review the official press release on P&G’s Investor Relations site for more details.
Ongoing Situation in the Middle East
I also want to pause and recognize what many of you are navigating as the situation in the Middle East continues to unfold. These are challenging, uncertain times – and while disruptions across global supply chains are real, I also know this moment is about more than business alone. Some of our partners are also navigating personal safety for themselves, their teams, and families. Throughout this period, you have worked closely with our teams to identify risks and activate business continuity plans to keep things moving, often under challenging conditions. Thank you, sincerely, for how you continue to show up during an incredibly difficult time.
Our Shared Sustainability Commitment
As we close out Earth Month, it’s a good moment to reflect on the progress we’re making together on sustainability. At P&G, we focus on environmental impact in three ways: reducing our own footprint, helping consumers reduce their impact when they use our products, and working with partners to scale solutions across our industry. When we design products that delight, perform, and create real value, sustainability and superiority go hand in hand. As we continue our journey, your partnership is more important than ever.
This is where continued collaboration matters most:
- Packaging innovation: As regulations continue to evolve, we see real opportunity to work together on recyclable, low-carbon material solutions that maintain the quality and performance consumers expect.
- Sustainable Innovation: Continued co-innovation enables us to deliver superior performance for consumers in ways that are more sustainable.
- Scope 3 progress: To make meaningful impact, we need to focus on both upstream materials and transportation, where innovation can make a real difference.
Partnerships are at the heart of how P&G delivers for consumers, and I look forward to what we’ll accomplish in this new chapter as we create the CPG company of the future.

Chief Purchasing Officer, P&G
*See P&G’s investor website (www.pginvestor.com) for P&G's full Q3 earnings release issued April 24, 2026, the associated webcast presentation, definitions of non-GAAP measures and reconciliation to the most closely related GAAP measure, as well as cautionary information on forward-looking statements, which are based on current assumptions and subject to risks and uncertainties that may cause actual results to differ materially.