As a result, analysts said P&G isn't the only company in the currency crosshairs.
"We remind investors that neither Clorox, Colgate or Energizer had included a devaluation of the bolivar in their guidance," said Nik Modi of RBC Capital Markets. "We believe these companies may follow suit in the near future and update their outlook for changes in the exchange rate in Venezuela."
(Read more: P&G provides protection in down market: Pro)
In a research note, BMO Capital Markets' Connie Maneaty added Tupperware, Estée Lauder, and Newell Rubbermaid to the list of companies at risk of getting hit by currency swings.
(Read more: Are emerging market firms the real worry?)
Bernstein Research's Ali Dibadj looked at consumer companies with the most exposure to Venezuela as a percentage of total sales and found that Avon and Colgate-Palmolive are the most exposed, with more than 4 percent of sales coming from Venezuela.
On Thursday, Avon cited slowed business in emerging markets as a contributor to its its fourth-quarter revenue decline.
(Read more: Avon: Bribe settlement could reach $132M)
The bottom line: Currencies have been an unwelcome headwind, so be on the lookout for more companies to update and change their guidance.
—By CNBC's Sara Eisen. Follow her on Twitter