| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 4, 2026 | 4/12 | 2 medium flags | 0 | 0 | Call sheet → |
| Q1'26 | April 28, 2026 | 9/12 | 1 high, 4 medium, 3 low flags | 5 | 1 | Call sheet → |
| Q4'25 | January 27, 2026 | 8/12 | 4 medium, 3 low flags | 5 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q1'26 | Missed | Input costs would be largely flat for 2026 Now facing $150-170M potential back-half headwinds vs flat projection |
| Q1'26 | Delivered | Productivity would continue at industry-leading 6% levels Achieved 6% in Q1, maintained full-year target |
| Q1'26 | Exceeded | Kenvue integration planning would accelerate 40+ teams working, 50/50 management structure announced |
| Q1'26 | Pending | Margin expansion trajectory toward 40% gross margins On track but Q2 cost headwinds create near-term pressure |
| Q1'26 | Delivered | Innovation pipeline for 2026 would be robust Described as 'most active launch slate ever,' early execution visible |
| Q1'26 | Exceeded | Volume plus mix growth momentum would continue building Delivered 3% vol/mix in Q1, strongest in recent quarters |
| Q1'26 | Exceeded | Categories would remain resilient around 2% growth globally Delivered 2.5% weighted category growth, ahead of prior outlook |
| Q4'25 | Delivered | Grow categories through innovation rather than promotion Continued focus on good/better/best innovation cascade, reduced promotional intensity |
| Q4'25 | Delivered | Drive volume plus mix led growth Eighth consecutive quarter delivered, North America +1.7% Q4, +2.1% full year |
| Q4'25 | Delivered | Mitigate tariff impacts through various actions Reduced from $170M gross to $100M gross impact, $50M net after mitigation |
| Q4'25 | Pending | Promotional activity to normalize as we get through trial period Promotional activity continued into Q4, still supporting innovation trial campaigns |
| Q4'25 | Exceeded | Deliver industry-leading productivity Approaching 6% productivity rate, described as 'another record productivity level' |
| Q4'25 | Delivered | Continue to gain market share through innovation and brand building International focus markets up 50bps weighted share, China +270bps, multiple markets showing gains |
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