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.
Olay Body is enhancing representation for women of color in STEAM by committing $100,000 in scholarship grants to The Fearless Artist, aimed at empowering emerging creatives. The initiative will benefit 100 scholarship recipients who will receive training from Kiki Somerville, the creator of The Fearless Artist Method. This partnership highlights Olay's commitment to diversity and inclusion, celebrated at TFA's Young Curators Showcase in New York City from June 9-12, 2022. This follows the launch of the Fearless Artist Series of body washes designed by Black artist Avery Williamson.
Procter & Gamble (NYSE:PG) has announced a significant expansion of its environmental sustainability initiatives aimed at addressing water scarcity, particularly in high-stress areas like Los Angeles and Mexico City. A first-of-its-kind goal has been set to restore more water than is consumed during the use of its products. Projects will focus on water restoration in 18 targeted regions globally, supporting ecosystems and local communities. This approach is part of P&G's broader Ambition 2030 strategy, promising billions of liters of restored water by 2030 through innovative partnerships.
Pampers has announced a commitment of $250,000 over the next year to address systemic health disparities impacting Black mothers. This initiative arises from alarming statistics showing Black mothers are three times more likely to face pregnancy-related deaths than other mothers, despite 60% being preventable. A significant part of this funding, $100,000, is allocated to the National Birth Equity Collaborative to support training and advocacy efforts aimed at improving the quality of care for Black mothers. Olympic athlete Allyson Felix joins Pampers in promoting awareness around this critical health issue.
Procter & Gamble's Jon R. Moeller and Andre Schulten will speak at the Deutsche Bank dbAccess Global Consumer Conference on June 16, 2022, at 10:30 A.M. CEST (4:30 A.M. ET). Media and investors can access a live audio webcast at www.pginvestor.com, which will also be available for replay. Procter & Gamble is a leading consumer goods company with a strong portfolio of trusted brands, operating in approximately 70 countries worldwide.
On June 8, 2022, Procter & Gamble (PG) and Microsoft (MSFT) announced a multiyear collaboration to enhance digital manufacturing using Microsoft Cloud. The partnership focuses on leveraging the Industrial Internet of Things (IIoT) to improve product delivery, customer satisfaction, and operational efficiency. P&G intends to digitize and integrate data from over 100 manufacturing sites, enabling real-time analytics and predictive maintenance. Key benefits include better resource use, increased workforce productivity, and advancements in sustainability efforts through innovative technology integration.
Procter & Gamble (NYSE:PG) will host a live audio webcast discussing its fourth quarter earnings results on July 29, 2022, at 8:30 a.m. ET. Investors and media can access the webcast at www.pginvestor.com, with a replay available after the event.
P&G offers a diverse portfolio of well-known brands, operating in approximately 70 countries globally, serving consumers with trusted products across multiple categories.
Tampax and Always partner with Gen.G and Galorants to launch the Astral Clash tournament series, promoting female-identifying VALORANT players. The tournament includes two online qualifiers on June 17-19 and July 15-17, 2022, leading to live finals in Southern California on August 6, 2022. This initiative aims to dismantle gender barriers in esports, featuring teams led by ambassadors focusing on empowerment. Each team will raise funds for charities like Period Education Project and Uniquely You Summit.
VÖOST, a new vitamin boost brand from Procter & Gamble, has launched eight effervescent vitamin varieties available in retailers nationwide. Each tablet offers a convenient and flavorful way to enhance daily wellness with zero sugar and only 10 calories. The product range includes multiple options, such as Vitamin C, Vitamin D3, and Beauty vitamins, supporting various health needs. Priced at $8.94 for a 20 count tube, VÖOST targets health-conscious consumers looking for an enjoyable way to meet their wellness goals.
The U.S. EPA has registered Microban 24 Multi-Purpose Cleaner for its ability to kill 99.9% of bacteria and viruses, including those causing flu and COVID-19, for up to 24 hours. Previously registered for initial virus kill, it now offers residual protection tested by a third-party lab. This makes it the first consumer product with such a lasting effect. Senior VP Marchoe Northern emphasized its role in consumer safety, while expert Dr. Frank Esper called it a game-changer for defending against microbes. The product is available in stores nationwide.
FAQ
What is the current stock price of Procter & Gamble Company (PG)?
What is the market cap of Procter & Gamble Company (PG)?
What products does Procter & Gamble manufacture?
Where is Procter & Gamble headquartered?
When was Procter & Gamble founded?
What is the annual revenue of Procter & Gamble?
What percentage of Procter & Gamble's sales come from outside the United States?
Which brands are part of Procter & Gamble's billion-dollar portfolio?
Why did Procter & Gamble sell Pringles?
How does Procter & Gamble contribute to sustainability?
What are some recent achievements of Procter & Gamble?
How does Procter & Gamble ensure financial stability?
