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Procter & Gamble

Procter & Gamble

Consumer Goods Company

Appears in 2 stories

Stories

Tariffs and Iran war push costs into US household goods

Money Moves

Disclosed $150M tariff and oil cost hit for Q4; CEO Jejurikar signaling cost absorption over price increases to protect volume

Three major US household-goods makers have now reported how the combined tariff and oil-cost shock hits their books. Kimberly-Clark beat Q1 estimates on April 28, with adjusted EPS of $1.97 against an expected $1.92, but still carries $300 million in tariff exposure representing about 20% of its US cost base. Colgate-Palmolive beat Q1 expectations on May 1 and immediately flipped its full-year gross margin guidance from expansion to decline, citing $300 million in higher raw-material and logistics costs from crude oil and tariffs.

Updated 4 days ago

Industrial giants deploy AI to reinvent product development

New Capabilities

Using AI across fragrance development and manufacturing

For a century, developing new materials meant years of trial and errorโ€”mixing compounds, testing formulations, discarding failures, and starting over. Now PPG, 3M, and Procter & Gamble are using artificial intelligence to explore millions of chemical combinations simultaneously, cutting development timelines from years to weeks and discovering counterintuitive solutions that human chemists overlooked.

Updated Jan 30