U.S. Stocks on the Move | Procter & Gamble (PG.US) Surges Over 6%, Coca-Cola (KO.US) Hits Record High

Zhitong Finance APP has learned that on Thursday, Coca-Cola (KO.US) rose 2% to $94.56, with its share price hitting a record high; Procter & Gamble (PG.US) rose more than 6% to $166.75. On the news front, Procter & Gamble announced its fiscal 2027 first-quarter financial results. The report shows that the company's Q1 net sales were $23.3 billion, up 4% year over year, higher than the expected approximately $22.8 billion; core earnings per share were $2.00, up 1% year over year, higher than the expected $1.89. The company had previously guided that core EPS for the quarter would decline by 5% or more year over year, but in reality it rose instead of falling. Organic sales growth, which the market watches most closely, reached 4%, far exceeding the consensus estimate of about 2% (even UBS and Evercore ISI, the most optimistic among investment banks, had forecast only 2.6%-3%).