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 has launched 9 Elements, a line of laundry and home care products that utilize vinegar and plant-based ingredients, enhanced through science to tackle challenging cleaning issues. Hard water, affecting 85% of U.S. households, often traps residues and odors, complicating cleaning efforts. The 9 Elements product line includes laundry detergent, purifying softener, multi-purpose cleaner, bathroom cleaner, and dish soap, each specifically formulated to combat hard water build-up. All products meet EPA Safer Choice standards, ensuring effective and safe cleaning solutions.
Olay Body is launching its most extensive product line yet with three new Premium Body Care Collections designed for diverse skin needs. The collections include the Cleansing & Renewing Body Care Duo featuring retinol, the Premium Exfoliating Body Wash Collection, and the Dermatologist Designed Collection targeting specific dry skin issues. Leveraging over 65 years of skin science, these products promise deep hydration and visible skin transformation. Available at mass retailers nationwide, the collections showcase Olay's commitment to skincare innovation.
The Procter & Gamble Company (NYSE: PG) launched a new initiative called “Widen The Screen,” aimed at enhancing the inclusion of Black creators in the film and advertising industries. This platform promotes diverse storytelling, combats bias, and invests in Black-owned media. The initiative includes a premiere film narrated by Mahershala Ali during the NAACP Image Awards, highlighting a more nuanced portrayal of Black life. P&G has committed to doubling its support for Black women directors through its Queen Collective program and collaborating with various organizations to improve representation.
Crest and Oral-B Kids, in partnership with actor Miles Brown, launched the Conquer Cavities 2Gether initiative to combat tooth decay in children, especially in underserved communities. The program encourages kids to brush twice a day with fluoride toothpaste, pledging donations of up to 10,000 Conquer Cavities kits including essential dental products. With a mission to ensure access to oral care for all children, Crest and Oral-B have previously donated over $2.5 million in 2020 alone, aiming to improve oral health education across the nation.
The Procter & Gamble Company (NYSE:PG) will hold a webcast on April 20, 2021, at 8:30 a.m. ET to discuss its third quarter earnings results. Investors and media can access the live audio webcast at www.pginvestor.com, with a replay available later. P&G is known for its wide range of trusted brands globally, serving consumers in around 70 countries.
Tide®, Canada’s leading laundry detergent brand, has announced its 2030 Ambition, a comprehensive sustainability initiative aimed at reducing greenhouse gas (GHG) emissions throughout its supply chain. Tide plans to cut GHG emissions in half at its manufacturing plants by 2030 and encourages North American consumers to wash laundry in cold water, targeting a significant reduction in energy use. The company will also expand its Tide Loads of Hope program, assisting communities impacted by climate change. Tide's actions align with Procter & Gamble's broader sustainability objectives.
Tide®, America's leading laundry detergent brand, has unveiled its 2030 Ambition, a set of sustainability commitments aimed at significantly reducing greenhouse gas (GHG) emissions throughout its supply chain. Notably, Tide achieved over a 75% reduction in GHG emissions at its manufacturing plants and aims to halve emissions by 2030. The brand will promote cold water washing, potentially reducing GHG emissions by 4.25 million metric tons, and expand its Tide Loads of Hope program to support communities in need. Additionally, Tide pledges to reduce virgin plastic use in packaging by 50% and aims for all packaging to be recyclable by 2030.
Charmin has launched its NFT(P) crypto collection, featuring three unique toilet paper-themed digital artworks. This marks the debut of NFT art by a toilet paper brand, with proceeds benefiting Direct Relief. Collectors can bid on these NFTs from the comfort of their homes, accompanied by physical displays for each piece. The initiative emphasizes Charmin’s commitment to enhance bathroom experiences beyond traditional products, with previous support of $2 million to Direct Relief for healthcare workers. The collection aims to engage Charmin fans and support a charitable cause.
Gillette (NYSE: PG) announces the return of the Gillette Gaming Alliance, featuring a record 11 global streamers for 2021. This year, the Alliance will co-stream in smaller groups across platforms like Twitch and YouTube. Streamers will showcase Gillette products, including ProGlide and SkinGuard. The Bits for Blades program returns, allowing fans to earn Twitch Bits by purchasing Gillette products.
FAQ
What is the current stock price of Procter & Gamble Company (PG)?
What is the market cap of Procter & Gamble Company (PG)?
What products does Procter & Gamble manufacture?
Where is Procter & Gamble headquartered?
When was Procter & Gamble founded?
What is the annual revenue of Procter & Gamble?
What percentage of Procter & Gamble's sales come from outside the United States?
Which brands are part of Procter & Gamble's billion-dollar portfolio?
Why did Procter & Gamble sell Pringles?
How does Procter & Gamble contribute to sustainability?
What are some recent achievements of Procter & Gamble?