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.
Gillette (NYSE: PG) announces the Gillette Cup, a two-day gaming tournament set to start on February 3, offering a cash prize of
Day One will feature regional qualifiers, while Day Two hosts the semi-finals and finals. This initiative follows previous success with over 250,000 plays of the custom map launched in November 2021.
Pantene has launched new high-performance conditioners designed to meet consumer desires for styling ease and longevity. These conditioners feature twice the protective antioxidants and pro-vitamin B5 compared to previous formulas. The Pantene Conditioner Collective, a group of diverse women, will demonstrate the product's effectiveness through the film "Can Your Conditioner Do This?" and social media challenges. Five varieties will be available for $4.99 starting January 2022, highlighting Pantene's commitment to showcasing authentic beauty without digital alterations.
The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2022 net sales of $21.0 billion, up 6% year-over-year. Organic sales also increased 6%, driven by a 3% rise in shipment volumes and a 3% increase in pricing. Diluted EPS reached $1.66, a 13% increase compared to the previous year. P&G raised its fiscal 2022 sales growth outlook to 3-4% and organic sales growth to 4-5%. Despite higher commodity and freight costs affecting margins, cash flow remained strong at $5.1 billion.
Procter & Gamble has launched Dawn EZ-Squeeze, a new inverted dish soap bottle featuring a patented no-flip cap that allows for easy one-handed use. The innovative design aims to enhance consumer experience, making it easier to dispense dish soap without making a mess. P&G invested over five years in research and development to create this product. The upgraded formula offers 4x faster grease cleaning, removing 99% of grease and food residues. The product is now available in mass retailers with Platinum and Original formulas.
The Procter & Gamble Company (NYSE: PG) has declared a quarterly dividend of $0.8698 per share, effective February 15, 2022. Shareholders on record as of January 21, 2022, will receive the dividend, reflecting the company's ongoing commitment to returning value to its investors. P&G has a remarkable history of paying dividends for 131 consecutive years and has consistently increased its dividend for 65 years, underscoring its strong financial performance and shareholder confidence.
Procter & Gamble Beauty launched BeautySPHERE at CES 2022, marking its first entry into the metaverse. This immersive digital platform allows users to engage with P&G's brands through storytelling and gamification, emphasizing the principles of Responsible Beauty. The platform features livestream panel discussions and interactive content focused on sustainability, safety, and inclusion. Participants can also authenticate botanicals used in products and contribute to tree-planting initiatives in Mexico. BeautySPHERE aims to enhance consumer connection with P&G's values and innovations.
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.
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