STOCK TITAN

Procter & Gamble Company - PG STOCK NEWS

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.

Rhea-AI Summary

Procter & Gamble’s Always has announced a donation of $320,000 to the YMCA to launch the Always Sports Grant, enabling access to sports programs for 1,500 girls across ten states. This initiative aims to combat the dropout rate among girls in sports, particularly during puberty, which is near 50%. The grant will cover various sports, including basketball and soccer, with an earlier donation of $500,000 supporting ten grassroots organizations. The partnership seeks to empower young girls, fostering confidence and teamwork through sports.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
partnership
-
Rhea-AI Summary

Crest and Oral-B, in partnership with actress Christina Milian, aim to address oral health disparities faced by underserved communities in the U.S. Nearly 2 million children, particularly Black and Hispanic, are targeted for improved access to dental care this year. Through collaborations with organizations like America’s ToothFairy and Feeding America, Crest and Oral-B will provide essential dental resources, education, and products. Their initiative is a part of a broader mission to enhance oral health equity, showcasing the significant impact of oral health on children's well-being and future opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
none
-
Rhea-AI Summary

Tide, in partnership with GlobalMedic, is launching the Tide Loads of Hope initiative in Kamloops, BC starting November 23 to offer free laundry services to individuals displaced by recent floods. This initiative aims to support approximately 18,000 residents affected by the disaster, providing services including washing, drying, and folding laundry. The service will operate for two to three weeks at Downtown McCleaners and adheres to updated COVID-19 safety protocols.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
none
Rhea-AI Summary

P&G Canada announces the launch of free laundry services in response to the devastating B.C. floods affecting approximately 18,000 residents. Starting November 22, displaced families and emergency workers can utilize Tide's Loads of Hope program at Tradex in Abbotsford, BC. Services include free washing, drying, and folding, with strict COVID-19 safety protocols in place. This initiative underscores Tide's commitment to community support, with expectations to operate for two to three weeks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
none
-
Rhea-AI Summary

The Procter & Gamble Company (NYSE: PG) is voluntarily recalling specific Old Spice and Secret aerosol spray antiperspirants sold in Canada due to detected benzene, a human carcinogen. The recall includes products such as Old Spice Sweat Defense and Secret Baby Powder Spray. No adverse events have been reported, and the recall is out of caution as daily exposure levels are not expected to cause health consequences. Affected consumers can seek reimbursement and should discard the products. This recall does not impact other Old Spice and Secret products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
none
-
Rhea-AI Summary

The Procter & Gamble Company (NYSE: PG) is recalling all aerosol spray antiperspirants under the Old Spice and Secret brands with expiry dates through September 2023 due to detected levels of benzene, a known carcinogen. This recall is precautionary; the company hasn't reported adverse health events. Affected products include various Old Spice and Secret antiperspirants sold nationwide. Consumers are advised to stop using these products and may receive reimbursements. The recall is supported by the U.S. Food and Drug Administration.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
none
Rhea-AI Summary

Procter & Gamble (NYSE:PG) announced that Jon R. Moeller, President and CEO, and Andre Schulten, CFO, will speak at the Morgan Stanley Virtual Global Consumer & Retail Conference on November 30, 2021, at 10:15 A.M. ET. Investors and media can access the live webcast through www.pginvestor.com. A replay will also be available. P&G offers a variety of trusted brands globally, including Pampers, Tide, and Gillette, with operations in around 70 countries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
conferences
-
Rhea-AI Summary

American Financial Group (NYSE: AFG) has announced the appointment of Amy Y. Murray to its Board of Directors, bringing over 35 years of leadership experience in both corporate and governmental sectors. She previously led Asian business development for Procter & Gamble (NYSE: PG) and has held significant roles in local and federal government. Additionally, Virginia C. Drosos will step down from the board in December 2021 to pursue another opportunity. AFG's co-CEOs expressed confidence in Murray’s abilities to contribute positively to the company’s future.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
management
-
Rhea-AI Summary

Procter & Gamble (NYSE:PG) has announced that its Dawn Powerwash Dish Spray won the 2021 Good Housekeeping Sustainable Innovation Award. This product saves up to 50% of water by using spray-activated suds, reducing the need for water during hand washing dishes. The award recognizes brands innovating in smarter product design, packaging, and shipping. Dawn Powerwash features a refill model, promoting sustainability with a reusable sprayer and recyclable bottles. It’s effective for both dishwashing and cleaning various hard surfaces.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
none
Rhea-AI Summary

OLAY North America has launched the Easy Open Lid, a prototype designed for accessibility, available on its popular products like the Regenerist Micro-Sculpting Cream. This initiative responds to the needs of the 15% of the global population living with disabilities. The lid features an easy-open cap, extra grip, high contrast labeling, and Braille text. OLAY is not patenting this design to encourage the beauty industry to adopt similar innovations. This aligns with P&G's commitment to more inclusive packaging by 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none

FAQ

What is the current stock price of Procter & Gamble Company (PG)?

The current stock price of Procter & Gamble Company (PG) is $170.75 as of November 18, 2024.

What is the market cap of Procter & Gamble Company (PG)?

The market cap of Procter & Gamble Company (PG) is approximately 402.2B.

What products does Procter & Gamble manufacture?

Procter & Gamble manufactures a wide range of consumer goods including Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers.

Where is Procter & Gamble headquartered?

Procter & Gamble is headquartered in Cincinnati, Ohio, USA.

When was Procter & Gamble founded?

Procter & Gamble was founded in 1837 by William Procter and James Gamble.

What is the annual revenue of Procter & Gamble?

Procter & Gamble generates over $80 billion in annual sales.

What percentage of Procter & Gamble's sales come from outside the United States?

Around 53% of Procter & Gamble's sales come from outside the United States.

Which brands are part of Procter & Gamble's billion-dollar portfolio?

Procter & Gamble's billion-dollar brands include Tide, Charmin, Pantene, and Pampers, among others.

Why did Procter & Gamble sell Pringles?

Procter & Gamble sold Pringles to Kellogg in 2012 to focus on its core consumer product lines.

How does Procter & Gamble contribute to sustainability?

Procter & Gamble invests in product and packaging innovations aimed at reducing environmental impact and meeting the evolving needs of consumers.

What are some recent achievements of Procter & Gamble?

Recent achievements of Procter & Gamble include advancements in product formulas, packaging innovations for sustainability, and strategic partnerships enhancing market reach.

How does Procter & Gamble ensure financial stability?

Procter & Gamble ensures financial stability through operational excellence, cost efficiency, and consistent value delivery to shareholders via dividends and share repurchases.

Procter & Gamble Company

NYSE:PG

PG Rankings

PG Stock Data

402.24B
2.35B
0.05%
69.18%
0.79%
Household & Personal Products
Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics
Link
United States of America
CINCINNATI