Welcome to our dedicated page for Procter & Gamble news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble stock.
Procter & Gamble (NYSE: PG) maintains its position as a global leader in consumer goods through iconic brands like Tide, Pampers, and Gillette. This news hub provides investors and stakeholders with essential updates about PG's financial performance, product innovations, and corporate strategies.
Access curated press releases, earnings call transcripts, and analysis of PG's market movements. Our collection focuses on operational developments including product launches, sustainability initiatives, and leadership updates that shape this consumer staples giant's trajectory.
Key resources include quarterly financial disclosures, regulatory filings, and strategic partnership announcements. Track PG's progress in key markets through verified updates about supply chain enhancements and brand portfolio optimization efforts.
Bookmark this page for streamlined access to PG's latest corporate communications. Combine these primary sources with broader market analysis to inform your understanding of this Dividend Aristocrat's evolving position in the consumer goods sector.
The Kroger Co. (NYSE: KR) and Procter & Gamble (NYSE: PG) have launched the 2023 Game Changers Scholarship program, offering 23 scholarships of $2,000 each to diverse female students pursuing degrees in business, sciences, or liberal arts. The initiative, now in its second year, aims to empower young women and promote gender equality in education and business. The application deadline is May 12, 2023, and selection criteria include academic performance, leadership, and community service. This program also complements the Queen City Game Changers leadership initiative and the LPGA Kroger Queen City Championship scheduled for September 4-10, 2023, in Cincinnati.
Corium Pharma Solutions, Inc. (CPSI) announced the appointment of Ernie De Paolantonio as Chief Financial Officer on February 15, 2023. With over 30 years of financial experience in the pharmaceutical industry, including roles at Journey Medical Corporation and BioDelivery Sciences, Ernie aims to drive long-term growth for CPSI. This leadership addition aligns with the company's strategy, following recent key appointments including Mark Sirgo as CEO. Corium specializes in drug delivery technologies, partnering with major firms like Proctor & Gamble (NYSE: PG) and Agile Therapeutics (NASDAQ: AGRX).
Corium Pharma Solutions has appointed Kevin Ostrander as Chief Business Officer and Dr. Niraj Vasisht as Chief Technology Officer, enhancing its leadership team. These appointments follow the recent selection of Mark Sirgo as Chief Executive Officer. Ostrander, with over 30 years in pharmaceuticals, previously led business development at ApiJect Systems and BioDelivery Sciences. Vasisht, a technology expert with over 25 years' experience, contributed to multiple FDA-approved products during his tenure at BDSI. Corium specializes in drug delivery technologies and has partnerships with major companies like Procter & Gamble and Agile Therapeutics.
Old Spice has launched its new Smelf-Confidence campaign, featuring its first mascot, Swaggy Spice, who debuted during Super Bowl LVII festivities. The campaign emphasizes how Old Spice products provide confidence against body odor. Highlighting the Swagger collection, which offers 24/7 freshness with products including body wash, deodorant, and antiperspirant dry spray, the campaign aims to inspire men to feel confident in their grooming products. The ads, created by Wieden + Kennedy, include two theater-inspired spots airing on various platforms. For more details, visit Old Spice's official website.
The Allstate Corporation (NYSE: ALL) has elected Monica Turner, President of North America at Procter & Gamble (NYSE: PG), to its board of directors, effective February 1. This appointment increases Allstate's board to 12 directors. Turner brings extensive experience in consumer-focused branding and operational leadership, which is expected to enhance Allstate's strategic direction. Tom Wilson, Allstate's Chair and CEO, emphasized Turner's role in adding valuable insights as Allstate aims to innovate its product offerings.
Pampers, part of Procter & Gamble, has launched new Easy Ups Training Underwear featuring Peppa Pig prints, available exclusively at Walmart. The collaboration aims to support parents during potty-training, making the process engaging for toddlers. Easy Ups are designed for leak protection, comfort, and easy removal, and they enable children to feel empowered while potty-training. This limited edition product coincides with Walmart's Baby Days event, taking place from February 15 to March 31, 2023, offering further savings on baby products. The partnership reinforces Pampers' commitment to innovative solutions for families.
Procter & Gamble has launched its much-anticipated 2023 Scent of the Year, Mountain, through its Febreze brand. This sophisticated fragrance aims to connect consumers with nature, featuring notes of alpine, wildflowers, and cedar. The scent reflects a growing consumer focus on wellness and mindfulness, offering a calming atmosphere in homes. Available nationwide, the product's MSRP ranges from
Procter & Gamble (PG) has launched Home Eq[uity], an educational initiative aimed at closing the chore gap in North America by addressing the gendered division of household labor. Developed in collaboration with Hello Sunshine and Fair Play, this program provides a free curriculum for teachers and families, focusing on equitable distribution of household tasks. The initiative supports the ongoing conversation about gender equality in domestic responsibilities, inspired by P&G's 2021 campaign. With high engagement on social media platforms, Home Eq[uity] seeks to empower the next generation in sharing household duties.
The Procter & Gamble Company (NYSE:PG) reported second quarter fiscal year 2023 net sales of $20.8 billion, a 1% decline year-over-year, while organic sales grew by 5%. Diluted EPS decreased 4% to $1.59. Operating cash flow stood at $3.6 billion, and net earnings totaled $4.0 billion. P&G raised its fiscal year sales growth outlook, now estimating a sales decline of 1% to flat against the previous year, up from a prior estimate of a 3% to 1% decline. However, foreign exchange remains a significant headwind, impacting sales by 5%. The company is navigating cost challenges but maintains guidance for EPS growth between flat to 4% compared to fiscal 2022.
Flashlight Capital Partners, a significant shareholder of KT&G, has proposed several key initiatives for the company's 2023 Annual General Meeting. These include the election of two experienced executives to the Board, a spin-off of KT&G’s Ginseng Business, a dividend issuance of KRW 10,000 per share, and an increase in the share repurchase program. The candidates, Suk Yong Cha and Ou Jin Hwang, bring extensive leadership experience, with Cha previously leading LG H&H and Hwang as former CEO of Prudential Life Korea, known for substantial revenue growth. These proposals aim to enhance governance and drive shareholder value.
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