Welcome to our dedicated page for Procter & Gamble Company news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble Company stock.
Procter & Gamble Company (NYSE: PG), headquartered in Cincinnati, Ohio, has established itself as a global leader in the consumer goods industry since its inception in 1837 by William Procter and James Gamble. The company stands as one of the world's largest producers of household and personal care products, generating over $80 billion in annual sales.
Procter & Gamble's diverse portfolio features some of the most trusted brands across various categories. The company's impressive lineup includes more than 20 brands that each generate over $1 billion annually in global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G’s strategic decision to focus on core consumer product lines led to selling its last food brand, Pringles, to Kellogg in 2012.
With a significant international presence, around 53% of Procter & Gamble's sales come from outside the United States. The company continues to invest in innovation and sustainability, ensuring its products meet the evolving needs of consumers. Recent achievements include advancements in product formulas, packaging innovations aimed at reducing environmental impact, and strategic partnerships enhancing their market reach.
Financially, Procter & Gamble remains robust, consistently delivering value to shareholders through dividends and share repurchases. The company's commitment to operational excellence and cost efficiency supports its strong financial performance and competitive edge in the market.
Secret Deodorant, a Procter & Gamble brand, has partnered with Warner Bros. Pictures' Beetlejuice Beetlejuice for a unique marketing campaign. The collaboration features Secret's Whole Body Deodorant in the iconic Afterlife Waiting Room, showcasing its superior odor protection. The campaign includes a supernatural-themed commercial and an immersive experience in Los Angeles called Beetlejuice Beetlejuice: The Afterlife Experience.
Secret's Whole Body Deodorant collection offers aluminum-free products in three forms: stick, invisible cream, and spray. The line is designed for use beyond just underarms, providing odor protection for various body areas. Available in scents like peach & vanilla blossom and lilac & waterlily, the products are priced at a suggested retail of $12.99.
Downy, the #1 trusted fabric rinse for odor removal, has partnered with tennis champion Venus Williams to promote their Rinse & Refresh product. This laundry odor remover is designed to fight stubborn odors in just one wash, targeting sweat-soaked fabrics from workouts and sports. The campaign, called 'Rinse It Out', addresses the widespread issue of lingering odors in laundry, with one in three households reporting odor problems and 25% of consumers rewashing half their loads to eliminate smells.
Downy Rinse & Refresh is safe for all clothes and works by penetrating fibers to break down odor sources. The product is available in various scents, including Cool Cotton, Fresh Lavender, Ocean Mist, and Active Fresh, with prices starting at $2.99. To promote the campaign, Downy is hosting a pop-up event in New York City's Flatiron Plaza on September 4-5, offering product samples and interactive experiences.
Procter & Gamble's (NYSE:PG) Chief Financial Officer, Andre Schulten, is set to speak at the Barclays Global Consumer Staples Conference on September 5, 2024, at 8:15 A.M. ET. This significant event for investors and media will be accessible via a live audio webcast on P&G's investor relations website, www.pginvestor.com. For those unable to attend or listen live, a replay of the webcast will be made available on the same platform.
This presentation offers an opportunity for stakeholders to gain insights into P&G's financial strategy and performance directly from its CFO. The Barclays conference is a key event in the consumer staples sector, attracting attention from industry analysts and investors alike.
Native, a clean personal care company, has launched a Scent Alchemy campaign in partnership with cognitive neuroscientist Dr. Rachel Herz. The campaign educates consumers on the psychological science of scent and how layering fragrances can impact mood and evoke memories. Native's Chief Fragrance Officer, Natalia Lebedev, has curated four scent stories: Sparkling Citrus, Balancing Nature, Solar Florals, and Elevated Gourmands.
Each collection features products like deodorant, body wash, shampoo, and conditioner designed to enhance specific moods. The products are available at Target stores and online, with prices ranging from $9 to $13. All Native products are sulfate-free, paraben-free, dye-free, cruelty-free, and vegan.
Procter & Gamble (NYSE:PG) announced its Q4 and Fiscal Year 2024 results. For Q4, net sales were stable at $20.5 billion, while organic sales rose by 2%. Diluted EPS fell by 7% to $1.27, but core EPS increased by 2% to $1.40. For the fiscal year, net sales grew by 2% to $84 billion and organic sales by 4%. Diluted EPS increased by 2% to $6.02, and core EPS rose by 12% to $6.59. The company generated $19.8 billion in operating cash flow and returned over $14 billion to shareholders. Despite challenges, P&G aims for strong growth in FY 2025, projecting organic sales growth of 3%-5% and a diluted EPS growth of 10%-12%.
Old Spice, the iconic grooming brand, is partnering with Marvel Studios' Deadpool & Wolverine for a hilarious new campaign featuring Deadpool and his roommate Blind Al. The spot showcases Old Spice Total Body Deodorant, offering Deadpool 24/7 freshness from pits to toes.
The campaign, directed by Cameron Harris and produced by Marvel Studios Partnerships, Gravy Films, and Maximum Effort, stars Leslie Uggams as Blind Al. It highlights Old Spice's Total Body Deodorant collection, which includes spray, cream, and stick formats available in various scents.
Old Spice Total Body Deodorant is clinically proven to fight odor for up to 72 hours and is dermatologist-tested and aluminum-free. The collection is available at major retailers nationwide for a suggested retail price of $12.99.
Marvel Studios' Deadpool & Wolverine is set to release in theaters on July 26, featuring Ryan Reynolds and Hugh Jackman in the titular roles.
P&G, a Worldwide Olympic and Paralympic Partner, has opened the Beauty & Grooming Salon in the Olympic and Paralympic Village of Paris 2024. The salon will offer complimentary haircare, grooming, and nail treatments using products from Pantene, Head & Shoulders, Mielle, Gillette, and Braun. Open daily from July 18 to August 13 for the Olympic Games and August 23 to September 10 for the Paralympic Games, the salon will be operated by renowned French stylist Raphaël Perrier and his team.
P&G brands have unveiled a Look Book featuring 20 complimentary styles inspired by the Games. The company will also support athletes with additional services across the Village, including a Nursery with Pampers, Dental Clinic with Oral-B, and Laundry Rooms supplied by Ariel.
This summer, Pampers is partnering with U.S. Track & Field legend Allyson Felix to support NICU families by donating up to one million Pampers Preemie Swaddlers diapers to Children's Miracle Network Hospitals. From July 2 to September 2, 2024, a preemie diaper will be donated for every purchase of a Pampers Swaddlers Huge Pack at Walmart. Felix, an 11-time Olympic medalist and mother, shares her personal NICU story following the premature birth of her daughter. Pampers, the #1 choice of U.S. hospitals and recommended by 95% of NICU nurses, has been supporting premature babies with specially designed diapers since 2002. The initiative aims to provide essential support to preemie parents and newborns during their NICU stay.
The Board of Directors of Procter & Gamble (NYSE: PG) announced a quarterly dividend of $1.0065 per share for its Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
The dividend will be paid on or after August 15, 2024, to shareholders of record as of July 19, 2024. P&G has consistently paid dividends for 134 years and has increased its dividend for 68 consecutive years, showcasing its commitment to providing steady income to its investors.
Luvs has announced the launch of its new Luvs Platinum Protection diapers featuring the popular character Bluey. These diapers offer improved absorbency, keeping babies dry for up to 12 hours with Triple Leakguard Protection.
The diapers include secure and stretchy sides, comfy leak barrier cuffs, and a wetness indicator for convenience. They are dermatologically tested, hypoallergenic, and free of parabens and latex.
Available nationwide from July 2024, Luvs Platinum Protection aims to provide an affordable, high-quality diaper ensuring both performance and comfort for babies.
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