08:43 AM EDT, 10/24/2025 (MT Newswires) -- Procter & Gamble ( PG ) reported better-than-expected fiscal first-quarter results on Friday amid foreign-exchange and pricing tailwinds, while the consumer goods giant reiterated its full-year outlook.

The company posted adjusted earnings of $1.99 a share for the quarter ended Sept. 30, up from $1.93 the year before, defying the FactSet-polled consensus for a decline to $1.90. Sales improved 3% to $22.39 billion, ahead of the Street's view for $22.18 billion.

The stock rose 4% in the most recent premarket activity.

"Our organic sales growth, earnings and cash results in the first quarter reflect strong execution of our integrated strategy," Chief Executive Jon Moeller said in a statement. "These results keep us on track to deliver within our guidance ranges on all key financial metrics for the fiscal year in a challenging consumer and geopolitical environment."

The maker of Crest toothpaste and Pampers diapers continues to project adjusted EPS to be in a range of $6.83 to $7.09 for fiscal 2026, while the Street is looking for $6.97. It also maintained its sales growth guidance of 1% to 5% and organic revenue forecast of in line to up 4% for the fiscal year.

The company recorded overall gains of 1% in price, while volume was flat. Foreign exchange was a tailwind of 1% to the topline. On an organic basis, which excludes foreign-exchange impact, sales moved up 2% for the quarter while volume remained flat.

Sales in the beauty and grooming segments inclined 6% and 5%, respectively, to $4.14 billion and $1.82 billion. Revenue in the fabric and home care and baby, feminine and family care divisions ticked up 1% each to $7.79 billion and $5.17 billion. Sales in the health care business increased 2%.

"We are increasing investment in innovation and demand creation to improve value for consumers and drive category growth," according to Moeller.