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.
March of Dimes has awarded its 2024 Nursing Scholarship Awards to two exceptional students: Lisa Grisham, a DNP/PhD student, and Kaitlyn Duardo, a BSN student. Both recipients will receive $10,000 scholarships funded by Pampers. This initiative underscores the organization's commitment to health equity, particularly for moms and babies of color, who face higher health risks. The program aims to address the U.S. maternal and infant health crisis, where maternal mortality rates are significantly higher compared to other developed nations. The scholarships are awarded to individuals demonstrating excellence in maternal-child nursing and a commitment to March of Dimes' mission. Grisham focuses on non-pharmacologic interventions for infants with substance exposure, while Duardo aims to increase Hispanic nurse representation and address the needs of Spanish-speaking patients.
Procter & Gamble (NYSE: PG) announced that its COO Shailesh Jejurikar and CFO Andre Schulten will present at the Deutsche Bank dbAccess Global Consumer Conference on June 4, 2024. The event will occur at 8:30 A.M. CEST / 2:30 A.M. ET.
Investors and media can listen to the live audio webcast on the P&G investor website, with a replay option available post-event. This presentation may provide insights into P&G's financial health and strategic direction.
P&G Professional has introduced Tide Professional Commercial Laundry Detergent and Downy Professional Fabric Softener, targeting businesses in various sectors, including hospitality and healthcare. According to a recent SWNS survey, cleanliness is important for customer retention, and hospitality workers find cleaning tasks time-consuming. The new products aim to enhance efficiency by removing stains and delivering softness in one wash, suitable for commercial and residential machines. Tide Professional is available in liquid, powder, and PODS, while Downy Professional offers fabric softening and freshness in a 140 oz. size. P&G Professional provides a 100% money-back guarantee and additional offers to support business growth.
Gillette Venus has announced a partnership with several U.S. Olympic and Paralympic swimmers, including Gold Medalists Lydia Jacoby and Anastasia Pagonis, ahead of the Paris 2024 Games. As the Official Razor of Team USA, Venus is launching a new ad campaign, 'Power of Smooth,' to support athletes in their pre-race shaving routines.
The campaign aims to highlight the importance of shaving for swimmer performance and will feature social content from other elite swimmers like Torri Huske and Abbey Weitzeil. Venus will also introduce a new Gold Razor as part of the campaign.
This initiative underscores Venus' commitment to providing quality shaving products that meet the needs of athletes and consumers alike, enhancing their confidence and performance.
Pampers has launched its new innovation, Swaddlers 360 diapers, aimed at simplifying diaper changes with a 360-degree pull-on waistband and Easy-Tear Sides. These diapers claim up to 100% leakproof protection, ensuring both comfort and convenience for babies and parents. Featuring dual leak-guard leg barriers and LockAway Channels, Swaddlers 360 also provide enhanced protection against leaks. Hypoallergenic and free of chlorine, parabens, and latex, they are gentle on baby’s skin. Pampers Swaddlers 360 diapers are available in sizes 3-6 and are now available nationwide at select retailers.
Procter & Gamble (NYSE: PG) announced plans to feature over 30 of its brands during the Paris 2024 Olympic and Paralympic Games, including Pampers, Ariel, Gillette, and Oral-B. The initiative includes campaigns inspired by the Games, athlete partnerships, and providing products and services to over 22,000 athletes and staff. Key services include a Village Nursery, Beauty & Grooming Salon, Dental Clinic, and Laundry Rooms. P&G will also partner with over 100 athletes and collaborate with 150 global retailers. These efforts aim to reach billions of consumers and demonstrate product performance superiority.
Zevo On-Body Repellent, in collaboration with the American Hiking Society, offers an 8-hour odorless protection against mosquitoes and ticks at select National Trails Day® 2024 events. Zevo's IR3535 active ingredient helps block mosquito and tick receptors, providing outdoor enthusiasts with a comfortable hiking experience. The partnership aims to support hikers in enjoying the great outdoors without the nuisance of bug bites.
The Procter & Gamble Company (NYSE:PG) Chief Financial Officer, Andre Schulten, will be speaking at the Goldman Sachs Global Staples Forum on May 14, 2024. The live audio webcast will be accessible to media and investors on www.pginvestor.com at 9:35 a.m. ET.
Febreze is launching a promotion where 100 winners can receive free gas for a year in celebration of their new product, Febreze CAR, which allows for greater scent control. Consumers can purchase Febreze CAR and enter the sweepstakes for a chance to win. The initiative aims to provide consumers with a fresh scent experience while on the road.
Dow and Procter & Gamble have announced a joint development agreement to create a new recycling technology targeting hard-to-recycle plastic waste. The partnership aims to recover polyethylene from such waste for reuse in consumer packaging, with a focus on low greenhouse gas emissions. Both companies bring expertise in materials science and manufacturing to the table, and the technology is expected to deliver high-quality recycled polymer with reduced emissions compared to fossil-based polyethylene.
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