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.
The Procter & Gamble Company (NYSE: PG) reported Q3 FY21 net sales of $18.1 billion, a 5% increase year-over-year. Organic sales rose 4%, with significant growth in Home Care, Oral Care, and Appliances. Diluted EPS reached $1.26, a 13% increase, while operating cash flow was $4.1 billion. P&G returned $5 billion to shareholders, including a 10% dividend increase, marking 65 years of consecutive dividend hikes. The company maintains sales growth guidance of 5-6% for FY21, with GAAP EPS growth expected at 8-10%.
Procter & Gamble (NYSE:PG) has launched a new campaign for Earth Day, aiming to inspire sustainable living at home. A study revealed that 71% of Canadians wish to adopt sustainable practices, yet less than 40% act on these intentions. The campaign, featuring the short film It’s Our Home, encourages small actions that can significantly reduce greenhouse gas emissions. P&G aims to enhance sustainability through its products and initiatives, pledging to reduce manufacturing emissions by 50% and make 100% of packaging recyclable or reusable by 2030.
Procter & Gamble (NYSE: PG) has launched a new sustainability campaign called It’s Our Home to encourage environmentally conscious choices among consumers. A recent study reveals that 72% of participants wish to be more sustainable at home, yet many feel they lack guidance. The campaign highlights small actions that can significantly reduce greenhouse gas emissions, such as washing clothes in cold water and recycling. P&G aims to bridge the intention-action gap with innovative strategies while committing to ambitious goals for reducing emissions and increasing sustainability in their operations.
P&G's Bounty Paper Towels is addressing hidden bacteria in homes with a new initiative featuring experts like Bill Nye and Mayim Bialik. A survey showed nearly 92% of Americans have changed their cleaning habits recently, yet many still use unwashed dishcloths, posing health risks. Only 11% of consumers wash their kitchen towels weekly. Experts warn that used dishcloths can harbor harmful bacteria, leading to cross-contamination. The initiative will include educational content to promote safe cleaning practices.
The Procter & Gamble Company (NYSE:PG) has announced a quarterly dividend increase to $0.8698 per share, marking a 10% rise from the previous dividend. This dividend, payable on or after May 17, 2021, is for shareholders of record as of April 23, 2021. This increase reflects P&G's commitment to returning value to shareholders, representing the 65th consecutive annual dividend increase and the 131st consecutive year of dividend payments since its incorporation in 1890.
Procter & Gamble (PG) has announced a multi-year partnership with Major League Soccer (MLS) as the league kicks off its 26th season. This collaboration aims to engage fans and support local communities, particularly focusing on increasing equity in sports. P&G brands like Gillette, Old Spice, and Crest will leverage this partnership to tap into the growing enthusiasm for soccer, particularly in anticipation of the 2026 FIFA World Cup. Additionally, P&G will sponsor various high-profile events, including the Mexican National Team's U.S. Tour and the MLS All-Star Game.
Tampax is set to host the inaugural Tampax Gaming Fest on April 16 at 8 p.m. EDT via Twitch. This event aims to empower gamers with periods and challenge stigma surrounding menstruation. The festival will feature a panel with top female gamers and a live Valorant tournament with a $10,000 prize pool. Brand Director Camille Zahniser emphasized the importance of breaking down taboos in the gaming community. The event highlights Tampax’s commitment to fostering support and unity among female gamers while promoting open conversations about periods.
The American Lung Association and Swiffer have teamed up to launch the "Dust & Indoor Air Quality Briefing" aimed at educating consumers on enhancing indoor air quality. Given the increased time people spend at home, the briefing provides simple strategies, like regular dusting, to improve air quality. This initiative emphasizes the importance of maintaining a clean indoor environment for health, particularly during allergy season.
Charmin, a brand under Procter & Gamble, is dedicated to forest conservation through its sustainability initiative titled "protect, grow and restore." Charmin's approach includes regrowing at least two trees for every tree used in production and ensuring that all paper sourced comes from responsibly managed forests. The brand collaborates with the Arbor Day Foundation to plant 1 million trees from 2020 to 2025, particularly in areas affected by natural disasters. Their commitment highlights a holistic approach to environmental responsibility while delivering quality products.
Clearblue launches the term ‘Conceivinghood’ to address the emotional journey of pre-pregnancy. A survey revealed that 33% of couples initially thought conception would take under three months; however, nearly 16% struggled for an average of five months. The #Conceivinghood campaign aims to provide support with 40% of respondents saying more resources would help them. A virtual panel discussing these issues will occur on April 22, 2021, featuring notable speakers including Jordana Brewster. Clearblue is recognized as the world's leading brand in home pregnancy and fertility tests.
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