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) 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.
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.
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.
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.
P&G Ventures, the startup studio of Procter & Gamble (PG), is inviting entries for its upcoming Innovation Challenge. Entrepreneurs with tech-enabled FMCG products that enhance consumer lives can submit their ideas until November 22, 2021. Finalists will pitch in person at CES 2022 in Las Vegas, with one winner receiving $10,000 and a partnership opportunity with P&G Ventures. This year's challenge aims to spotlight innovations in various FMCG sectors, including non-toxic household products and daily wellness.
Gillette (NYSE: PG) announces the return of the Gillette Gaming Alliance for its fourth year, featuring a record roster of global streamers from 11 countries. The Alliance aims to engage fans through custom content, highlighting shaving routines and Gillette’s products like ProGlide and SkinGuard. This year, members will share content across multiple platforms including Twitch, YouTube, and TikTok. Gillette was also awarded 'Brand of the Year' at the Tempest Awards for its contributions to the esports community.
Braun has launched its latest grooming innovation, the Series 9 Pro, designed to provide exceptional precision and efficiency. Featuring the new ProLift Trimmer, this shaver can handle hair lengths from a 6-hour stubble to a 7-day beard, allowing flexibility in grooming. CEO Gary Coombe emphasizes that the Series 9 Pro is crafted for users who prioritize experiences over routine. Priced at $329.99, it is available now through Braun’s official website.
A recent Febreze survey reveals a significant gap in Americans' sanitization habits regarding soft surfaces in their homes. While 73% of respondents regularly sanitize hard surfaces, nearly 25% have never cleaned soft surfaces like sofas or rugs. Research indicates these surfaces can harbor more bacteria than toilets, highlighting the need for improved cleaning practices. Febreze aims to address this issue with its new Fabric Antimicrobial spray, which eliminates 99.9% of bacteria and helps prevent mold growth. The product is available at major retailers for $8.00.
Febreze's latest survey highlights that while 73% of Americans regularly sanitize hard surfaces, about 25% neglect soft surfaces like sofas and rugs. The survey indicates that many believe hard surfaces host more bacteria, despite findings that soft surfaces can harbor greater microbial loads. Febreze has introduced Fabric Antimicrobial, a spray that kills 99.9% of bacteria, eliminates odors, and prevents mold and mildew on soft surfaces. The product is priced at $8.00 and is available through major retailers.
Troy Polamalu, NFL legend and ambassador for Head & Shoulders, collaborates with Fiverr this season to provide creative services while promoting the brand's Scalp Shield Technology, which offers up to 100% dandruff protection. The campaign, launching October 21, showcases Polamalu's diverse talents, from hair care tips to music and design. Head & Shoulders has a long-standing reputation, being the world's #1 shampoo, used by 1.3 billion people. This partnership underscores the brand's commitment to consumer engagement and innovative marketing strategies.
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