FY2526 Q2 OND 10-Q

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P&G's Q2 FY2026 net sales rose 1% to $22.2B, but net earnings fell 7% to $4.33B, with diluted EPS down 5% to $1.78. For the six months, net sales increased 2% to $44.6B, net earnings up 5% to $9.1B, and core EPS up 2% to $3.87. The company announced a restructuring plan with $1.5-2.0B pre-tax costs and up to 7,000 job cuts. The Glad JV termination is expected to yield ~$500M cash and a $250-300M gain.