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 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.
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.
The Procter & Gamble Company (NYSE: PG) is recalling all aerosol spray antiperspirants under the Old Spice and Secret brands with expiry dates through
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.
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