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 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.
P&G Ventures has reintroduced Bodewell, a line of skincare products specifically designed for individuals with eczema and psoriasis. These products, featuring active ingredients like Colloidal Oatmeal and Salicylic Acid, aim to provide symptom relief and promote clearer skin over time. Importantly, Bodewell products are free of steroids, parabens, and fragrance, making them accessible without prescriptions. In a consumer study, 90% of users reported healthier skin with Bodewell's Daily Eczema Calming Cream within four weeks. Prices range from $18 to $32.
Olay Body introduces the Fearless Artist Series, a body wash collection featuring exclusive artwork by
The Gold Series from Pantene, a brand under Procter & Gamble (NYSE:PG), announces its New Lengths Collection designed by Black scientists to enhance hair growth and retention for textured hair. Launching in partnership with Ethel's Club, the initiative aims to create engaging content and experiences for communities of color. The collection, featuring nourishing ingredients like apricot oil and green tea, addresses common hair challenges faced by Black women. Key events include a virtual launch on February 24 and an Instagram discussion on March 4, 2022.
Procter & Gamble's Jon R. Moeller (CEO), Andre Schulten (CFO), and Jennifer Davis (President - Feminine Care) will speak at the Consumer Analyst Group of New York Virtual Conference on February 24, 2022, at 9:10 a.m. ET. Investors and media can tune in through a live audio webcast available at www.pginvestor.com. The replay will also be accessible. P&G offers a diverse brand portfolio serving consumers worldwide, with operations in about 70 countries.
Procter & Gamble's Febreze has introduced its first-ever Scent of the Year, Ember, designed to uplift and evoke positivity as we enter 2022. This luxurious fragrance features a dominant note of mandarin, complemented by smoky, earthy elements of lava and sweet undertones of honeyed amber. The creation of Ember reflects extensive research into consumer preferences for mood-enhancing scents. Available in various forms, Ember is priced between $4.49 and $6.49 and aims to enhance self-care and home ambiance.
Next of Us (NOU) has launched the “Next of Us Intern Opportunity Fund” to support Gen Z interns by providing need-based financial grants. In partnership with Pay Our Interns, the initiative aims to alleviate the financial burdens of unpaid internships, particularly affecting students from historically excluded communities. NOU will distribute $50,000 in stipends to cover living and educational expenses, with applications open until March 31, 2022. This program reflects NOU's commitment to fostering equitable career access and supporting diverse talent in the workforce.
On February 11, 2022, Olay announced a donation of
Procter and Gamble's Gain brand has launched Gain Power Blast Dish Spray, enhancing the dishwashing experience with its iconic scent and Aroma Boost technology. A recent survey indicates that Gain users find washing dishes more enjoyable compared to non-users, with 37% stating that pleasant scents improve their mood. The product promotes water conservation by using 50% less water and is available in Starter Kits and Refills, priced at $4.49 and $3.49 respectively. Gain continues its tradition of turning mundane chores into delightful experiences.
This cold and flu season, Puffs has partnered with actress Javicia Leslie to support Cincinnati Children's Hospital by providing 3,500 boxes of Puffs Ultra Soft tissues. The initiative aims to comfort children battling life-threatening illnesses, acknowledging their strength as everyday superheroes. Puffs emphasizes the importance of soft tissues for delicate skin, especially during the winter months. Both Puffs and the hospital express gratitude for the collaboration, aiming to bring joy to young patients.
P&G's brands, Royal Oils by Head & Shoulders and Gold Series from Pantene, are launching the second wave of their $1 Million Rooted in Science Scholarship Fund this Black History Month. In collaboration with UNCF, they aim to support Black students pursuing STEM degrees with a commitment of $1 million over five years. Each year, approximately 20 students will be awarded $10,000 in scholarships, totaling $200,000 annually. The initiative seeks to enhance diversity in STEM fields and provide financial support to help Black students succeed in their academic pursuits.
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