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.
Procter & Gamble (NYSE: PG) has launched its LifeLab virtual experience at CES, featuring innovations aimed at improving consumer care in everyday needs. The showcase includes Gillette with the new exfoliating bar razor, Oral-B smart toothbrushes, and Tide's eco-friendly laundry detergent for space travel. Visitors can interact live with P&G experts at PGLifeLab.com.
P&G emphasizes consumer-inspired innovations and sustainability commitments in its product offerings.
Oral-B has unveiled its latest innovations at CES 2022, introducing the Oral-B iO10 with iOSense, a smart toothbrush that offers real-time coaching for superior oral care. The new iO4 and iO5 models aim to improve accessibility to advanced dental hygiene, priced under $100. Oral-B also partners with Grin to provide tele-dentistry solutions, promoting better oral health management at home. The company is reintroducing the 'Attack of the Cavity Creeps' game to educate children on oral hygiene. These initiatives align with Oral-B’s mission to enhance oral health globally.
The Procter & Gamble Company (NYSE:PG) will host a webcast discussing its second quarter earnings results on January 19, 2022, starting at 8:30 a.m. ET. The live audio webcast will be accessible to media and investors at www.pginvestor.com, with a replay available afterward. P&G serves consumers globally with a robust portfolio of trusted brands, including Tide, Gillette, and Pampers, among others. For more information on P&G, visit www.pg.com.
Microban 24 has been named the Official Sanitizing Spray of the NFL, providing 24-hour surface protection against bacteria. The brand is collaborating with NFL stars, including Thomas Davis, to extend sanitization efforts to youth football leagues. In its second year of the Most Valuable Protectors program, Microban 24 donated $10,000 and products to the Carolina Panthers Challenger Flag Football League. This partnership aims to enhance hygiene in locker rooms and community activities.
The Procter & Gamble Company (NYSE: PG) has issued a voluntary recall of aerosol dry conditioner and shampoo sprays from the Pantene and Herbal Essences brands in Canada due to detected levels of benzene. Although daily exposure at these levels is not expected to cause health issues, the company prioritizes consumer safety and has decided to recall the affected products. Consumers are advised to stop using these products and follow instructions for reimbursements. This recall affects specific UPCs while other products remain safe for use.
The Procter & Gamble Company (NYSE: PG) announced a voluntary recall of certain aerosol dry conditioner and shampoo spray products from brands including Pantene, Aussie, and Herbal Essences. This recall is due to detected levels of benzene, a classified human carcinogen, in some products manufactured in the U.S. While the company stated that the detected levels are not expected to cause adverse health effects, it is conducting the recall as a precaution. No adverse events have been reported, and other products from these brands remain unaffected.
Crest, the leading toothpaste brand in America, is celebrating its ‘12 Days of Crest Smiles’ holiday initiative, granting special smile wishes to children and organizations in need. Launched on December 9, this year’s special wish includes support for Ayden Houston, an 8-year-old from Ohio suffering from a rare condition affecting his teeth. Crest has partnered with organizations like America’s ToothFairy to ensure more children receive essential oral care. This initiative highlights Crest's commitment to spreading smiles and supporting community health.
P&G Ventures, the early-stage startup studio within Procter & Gamble (NYSE:PG), has announced the four finalists for its Innovation Challenge 2021. These startups will pitch their innovative product ideas at CES 2022 for a chance to win $10,000 and further collaboration with P&G Ventures. Finalists include Cybele Microbiome, Kushae Naturals, Lady Patch, and Ryp Labs. This year's challenge saw a record number of submissions, with 60% being from female founders. The pitch event takes place on January 6, 2022, at 9:30am PT, and will be live-streamed.
Schubert Jonckheer & Kolbe LLP has initiated an investigation into the recall of aerosol spray antiperspirants and hygiene products by The Procter & Gamble Company (NYSE: PG). The recall, announced on November 23, 2021, affects products due to high levels of benzene, a known carcinogen linked to severe health risks. Affected brands include Old Spice and Secret, with expiry dates through September 2023. Consumers are urged to check if their products are on the recall list and may seek legal advice regarding their rights.
P&G has deployed Tide Loads of Hope mobile laundry units to assist families affected by the recent tornadoes in Kentucky and surrounding states. Starting December 14, residents can receive free laundry services in Mayfield, KY, along with essential personal care kits and cleaning products. This initiative aims to provide vital support to over 50,000 people left without power due to the disaster. P&G partners with Matthew 25: Ministries to execute this relief effort, which aligns with their commitment to community support.
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