Procter & Gamble Company - PG STOCK NEWS

Procter & Gamble (NYSE:PG) has deployed the Tide Loads of Hope Mobile Laundry Unit to assist families and first responders affected by a recent deadly tornado outbreak in Mississippi. Starting March 28, the mobile unit will offer free laundry services, accepting up to two loads per household. Additionally, personal care kits and cleaning products will be distributed to meet essential needs. This initiative continues Tide's commitment to provide support during disasters, having aided over 90,000 people since its inception in 2005. The program is a part of Tide's broader Ambition 2030 plan to expand community support during crises.

Gillette (NYSE: PG) announced a multi-year partnership with the New York Yankees, becoming their first official men’s grooming partner as the MLB season commences. This collaboration aims to enhance brand visibility through signage at Yankee Stadium and make Gillette products available in the Yankees clubhouse. Gillette has a rich history in sports marketing, further solidified with this agreement, marking its return to Major League Baseball since 2018. The partnership was celebrated with a promotional event featuring Yankees players discussing grooming routines and showcasing Gillette’s innovative products.

The Procter & Gamble Company (NYSE:PG) will host a webcast for its third-quarter earnings results on April 21, 2023, starting at 8:30 a.m. ET. Investors and media can access the live audio link on www.pginvestor.com, with a replay available afterward.

P&G's portfolio includes renowned brands like Tide, Gillette, and Pampers, operating in around 70 countries globally. The webcast aims to provide insights into the company's financial performance for the quarter.

Zevo, the fastest-growing pest control brand in America, has launched its new On-Body Mosquito + Tick Repellents. These odorless and non-sticky products provide up to 8 hours of protection against mosquitoes and ticks. Market research by P&G indicated that 48% of consumers dislike the smell of current repellents, while 36% find them sticky. With active ingredient IR3535, inspired by a natural amino acid, these repellents can be applied to both face and body. Retailing at $9.99, Zevo products are available at major retailers like Walmart and Target.

Flashlight Capital urges KT&G shareholders to vote on its ten proposals at the upcoming General Meeting, with deadlines as early as March 17. The proposals include electing independent directors Suk-Yong Cha and Ou-Jin Hwang, enhancing corporate governance, increasing dividends, and canceling treasury shares, which constitute 15% of total shares. Flashlight Capital criticizes KT&G's stagnant share price and poor governance, alleging the current leadership is misaligned with shareholder interests. Despite proposing a KRW 2.4 trillion distribution, KF&G’s current cash position is KRW 6.5 trillion, indicating feasibility for these proposals while maintaining a robust net cash position.

Crest has launched its first-ever color-changing toothpaste aimed at children, designed to encourage them to brush up to two times longer to prevent cavities. This innovative toothpaste changes color from blue to pink after two minutes of brushing, enhancing the brushing experience. Crest Kids Color Changing Toothpaste is priced at $3.99 and is part of a broader lineup, including Oral-B color-changing toothbrushes. The product addresses a common challenge for parents, aiming to foster healthier brushing habits in kids. Crest's new offering is available now at retailers nationwide.

Bounty Paper Towels has announced its latest initiative, collaborating with artists Shadé Akanbi, Reina Castellanos, and Kingsley Nebechi for a new limited-edition collection. This launch is part of Bounty's Inclusive Artists Project, which aims to inspire young creators and support diversity in the arts. Bounty has pledged $100,000 towards scholarships for creatives of color, contributing to a total of $650,000 donated to this initiative. The new collection will be available in select stores nationwide until November 2023.

Scope, a leading mouthwash brand, has launched Scope Squeez, a customizable mouthwash concentrate. This innovation allows users to adjust the strength of their mouthwash by simply adding water and squeezing the bottle. The product is designed in a palm-sized format, offering up to 50 uses and featuring 70% less packaging than traditional bottles. Available in Original Mint and Cool Peppermint for $7.99, Scope Squeez aims to enhance consumer convenience and cater to personalized preferences, particularly appealing to Gen Z and Millennials who seek tailored products.