P and G Gross Margins Under Pressure From Iran War

The consumer goods giant expects a sixth straight quarter of margin declines due to rising freight and packaging costs. Revenue growth remains steady at 3.7%.

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PROCTER & GAMBLE CO/THE is bracing for a sixth consecutive quarter of gross margin contraction as the consumer goods giant navigates supply chain disruptions and rising operational expenses linked to the conflict in Iran. The Cincinnati-based corporation is scheduled to release its fiscal 2026 third-quarter financial results this Friday, providing a critical look at how global instability is reshaping the balance sheets of industry leaders.

A Procter & Gamble exhibition stand is pictured during the 8th China International Import Expo in Shanghai. REUTERS/Maxim Shemetov
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