Procter & Gamble Says It Could Change Product Formulations to Mitigate Tariffs -- WSJ

Dow Jones
04-24

By Natasha Khan

Procter & Gamble said that it would pull every lever in its arsenal-including possibly changing product formulations-to mitigate the impact of tariffs.

The maker of Tide laundry detergent and Pantene shampoo could also look to source products from different places, said Andre Schulten, the company's chief financial officer. P&G lowered its fiscal-year outlook after posting lower sales in the third quarter.

"Once we have clarity on what the structural tariff environment is... that's when companies can become more active in looking at formulations," Schulten said on a Thursday call with reporters.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 24, 2025 09:49 ET (13:49 GMT)

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