# Procter & Gamble will update investors on its financial results this week.

*business · news · 2026-04-22 · Cincinnati Cincinnati Enquirer*

## Key points

- P&G has revised its estimated tariff-related costs this year down from $1 billion to $500 million.
- A February Supreme Court decision struck down Trump's tariffs, allowing companies to seek refunds.
- P&G is slashing 7,000 office jobs globally by 2027 to fund product innovation.
- Since renewed U.S.-Iran conflict, average U.S. gas prices have risen over 30% to above $4.

**Companies:** Procter & Gamble
**Countries:** United States, Iran, Canada, China, European Union, Mexico

[Read the full story on Cincinnati Cincinnati Enquirer](https://www.cincinnati.com/story/money/2026/04/22/pg-reports-results-amid-inflation-uptick-war-in-iran/89700271007/)

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