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Andre Schulten

CFO, Procter & Gamble

Quotes

For perspective, the annual cost impact of Brent crude at around $100 per barrel is roughly $1.3 billion before tax, or $1 billion after tax, versus a pre-conflict oil price in the mid-sixties.

2026-04-24-earnings-pg-q3-fy2026· 2026-04-24#energy-shock-2026-vs-2022

I do not think we have lost pricing power. Pricing power has to be earned, and the way to earn it is to combine pricing with a truly delightful experience for the consumer.

2026-04-24-earnings-pg-q3-fy2026· 2026-04-24#iran-fuel-shock-consumer-bifurcation

Our fiscal 2026 outlook continues to call for approximately $500 million before tax in higher costs from tariffs.

2026-04-24-earnings-pg-q3-fy2026· 2026-04-24#energy-shock-2026-vs-2022
Notes

Andre Schulten

One-line summary: CFO of P&G; quantified the Brent-crude consumer-staples cost mechanism (~B after-tax at Brent).

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