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any thoughts, Rick, on your ability to return to the Evergreen OSG targets after this year?
BATISTE, it's been a great growth brand in recent years, slowdown in Q2, you sound more optimistic in the back half
the tracked channels and it does look like it's decelerated in terms of your share so far in April
might share repurchases a greater priority perhaps there's more M&A opportunities from an external environment standpoint
any initial thoughts under your leadership as to maybe where you’ll double down on or areas you emphasize more?
North America continued to lag in Q1 and volume/mix. You did talk about improvement in Q2 in the published remarks
I just wanted to focus on volume mix. You clearly had strong results in emerging markets in Q1
I'd just love to get your perspective on category growth within that guidance as you look at key regions around the world
Can you just give us some perspective on if you expect the category softness to linger as we look out to 2026
What are the key operational changes? How should we think about the savings payback versus the charges? And why now?
just can you give us a bit more detail on what you are seeing at a consumer level given some of the broader macro concerns
EPS guidance for all-in low-single-digit to mid-single-digit growth is pretty robust considering the onerous FX impact
I'd love to hear your perspective on what's driving the category weakness we're seeing.
How confident are you in continued expansion over time, A, and then B, what are the longer-term drivers?
why did this happen now? But with this change and the strength in financial profile in recent quarters, maybe you can just talk about if M&A is expected to be a more important piece of the strategy...
do you think you can consistently expand share, maybe talk about some of the key drivers behind that
can you talk about what you're seeing from a promotional environment perspective in the industry
I was hoping to maybe get a bit more perspective on long-term margin potential
Could you give us a sense now that calendar 2025 is in the books how much of your business has shifted more to the what you characterize as higher growth channels
is that conservatism or early in the year? Trying to understand if the Q1 result gives you more optimism
How much progress have you made so far? What changes are left to be implemented in fiscal '26?
What are the most important building blocks in your mind to get back to better market share performance consistently across the organization
I was just hoping also to get a bit more perspective from you on the softer cultural changes, among the workforce that are needed
can you give us a bit more detail on how much more aggressive you can get on cost structure, the potential areas you're looking at
Can you just give us a bit more detail under the hood on what's driving the momentum in a segment and brand level and how sustainable you think those growth drivers are going forward?
I just was hoping you could give us a review of the biggest changes you put in place
Just can you discuss high-level, your level of confidence in maintaining the local FX guidance in 2025?
Can you just discuss the sustainability of those drivers going forward, particularly in the context of a weaker consumer environment?
strategically how you plan to manage pricing in North America given all those factors
walk us through the range of potential actions you would take to help offset any pressure on full year earnings if oil stays up here
how much of that have you seen so far versus it's more of a forward expectation
why is the situation more burdensome than previously believed? Can you give us some detail on where specifically the incremental $300 million is coming from
take me through your decision process on pricing, particularly given some FX pressure and how you think about the balance between price and volume
give us a review of where you think you stand on the organizational front with the rewiring plans you announced at Analyst Day
I just was hoping to get your view on the balance between volume versus price/mix in the remainder of the year
I just wanted to get into the nitty-gritty of the 4% to 5% organic sales growth outlook for 2026
just want to dive a bit deeper into Latin America
how much of an unlock the planned US capacity additions are starting in early 2026 for Fairlife
is that just because it's early in the year and in a difficult environment, it doesn't make sense to raise overall earnings
just on that 5% organic revenue growth forecast for 2025, can you just give us a bit more granularity on the balance volume
I was just hoping you could review the performance of some of the key innovations so far year-to-date
Just wanted to touch on your market share gains internationally. It's really accelerated in recent periods
I just wanted to touch on EMEA revenue growth, strong reported results in the last couple of quarters
The gross margin performance was particularly strong in Q2. Can you just talk about how sustainable some of those drivers might be going forward?
just wanted to get any perspective on if you think we're seeing any macro impact on the category, either in the U.S. or internationally
Can you also just give us some color or any thoughts on Monster's potential U.S. market share performance as we look going forward?
touch on the international regions if you're seeing any impact from the conflict later in March or April so far
can you highlight what's changed in terms of your cost assumptions? Any sizable pressure points individually
Are you seeing volume pick up more than the price investments? Is it close to the price investments?
which areas do you think are most impactful as we think about potentially accelerating revenue growth in 2026
just help us understand your visibility and the assumptions behind the acceleration in the back half of the year relative to the first half
if at some point you think we might need a more substantial level of re-investment behind FL&A to turn around trends in that business
how you're specifically managing the business differently in 2025 relative to the back half of last year on both the Frito-Lay and beverage side
can you discuss if you can see any advantage on relative sales performance versus competitors
Are you comfortable that you're back to organic sales growth outperformance versus your categories going forward
what are the most important priorities for the organization in terms of driving better execution
how do you think the organizational changes are being received internally by your workforce
can you discuss how the restructuring you recently announced will enable greater organizational capabilities
if we do start to see more consumer trade down, can you discuss how you see The Procter & Gamble Company is positioned
you've talked historically about the OSG split between the robust 85% in country mix versus a lagging 15%
can you just break out what you're expecting from a key input cost standpoint in fiscal '27
do you think it's realistic you can drive shelf space gains for your portfolio with macros where they are
How much impact do you think you're seeing from factors beyond the macro component
can you just discuss confidence in your Beer volume growth outlook? And at some point, it implies you move back to depletion growth
a pretty big revision in long-term beer sales growth from the 7% to 9% range to 2% to 4% in fiscal '27 and '28
If you had to separate that out between the short-term consumer weakness you focused on with the subdued spend and the value-seeking behavior that you mentioned on the call versus some of the longe...
just can you give us a bit of postmortem there? Obviously, you talked about the macro factors