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.
Native, a clean personal care company, has launched a Scent Alchemy campaign in partnership with cognitive neuroscientist Dr. Rachel Herz. The campaign educates consumers on the psychological science of scent and how layering fragrances can impact mood and evoke memories. Native's Chief Fragrance Officer, Natalia Lebedev, has curated four scent stories: Sparkling Citrus, Balancing Nature, Solar Florals, and Elevated Gourmands.
Each collection features products like deodorant, body wash, shampoo, and conditioner designed to enhance specific moods. The products are available at Target stores and online, with prices ranging from $9 to $13. All Native products are sulfate-free, paraben-free, dye-free, cruelty-free, and vegan.
Procter & Gamble (NYSE:PG) announced its Q4 and Fiscal Year 2024 results. For Q4, net sales were stable at $20.5 billion, while organic sales rose by 2%. Diluted EPS fell by 7% to $1.27, but core EPS increased by 2% to $1.40. For the fiscal year, net sales grew by 2% to $84 billion and organic sales by 4%. Diluted EPS increased by 2% to $6.02, and core EPS rose by 12% to $6.59. The company generated $19.8 billion in operating cash flow and returned over $14 billion to shareholders. Despite challenges, P&G aims for strong growth in FY 2025, projecting organic sales growth of 3%-5% and a diluted EPS growth of 10%-12%.
Old Spice, the iconic grooming brand, is partnering with Marvel Studios' Deadpool & Wolverine for a hilarious new campaign featuring Deadpool and his roommate Blind Al. The spot showcases Old Spice Total Body Deodorant, offering Deadpool 24/7 freshness from pits to toes.
The campaign, directed by Cameron Harris and produced by Marvel Studios Partnerships, Gravy Films, and Maximum Effort, stars Leslie Uggams as Blind Al. It highlights Old Spice's Total Body Deodorant collection, which includes spray, cream, and stick formats available in various scents.
Old Spice Total Body Deodorant is clinically proven to fight odor for up to 72 hours and is dermatologist-tested and aluminum-free. The collection is available at major retailers nationwide for a suggested retail price of $12.99.
Marvel Studios' Deadpool & Wolverine is set to release in theaters on July 26, featuring Ryan Reynolds and Hugh Jackman in the titular roles.
P&G, a Worldwide Olympic and Paralympic Partner, has opened the Beauty & Grooming Salon in the Olympic and Paralympic Village of Paris 2024. The salon will offer complimentary haircare, grooming, and nail treatments using products from Pantene, Head & Shoulders, Mielle, Gillette, and Braun. Open daily from July 18 to August 13 for the Olympic Games and August 23 to September 10 for the Paralympic Games, the salon will be operated by renowned French stylist Raphaël Perrier and his team.
P&G brands have unveiled a Look Book featuring 20 complimentary styles inspired by the Games. The company will also support athletes with additional services across the Village, including a Nursery with Pampers, Dental Clinic with Oral-B, and Laundry Rooms supplied by Ariel.
This summer, Pampers is partnering with U.S. Track & Field legend Allyson Felix to support NICU families by donating up to one million Pampers Preemie Swaddlers diapers to Children's Miracle Network Hospitals. From July 2 to September 2, 2024, a preemie diaper will be donated for every purchase of a Pampers Swaddlers Huge Pack at Walmart. Felix, an 11-time Olympic medalist and mother, shares her personal NICU story following the premature birth of her daughter. Pampers, the #1 choice of U.S. hospitals and recommended by 95% of NICU nurses, has been supporting premature babies with specially designed diapers since 2002. The initiative aims to provide essential support to preemie parents and newborns during their NICU stay.
The Board of Directors of Procter & Gamble (NYSE: PG) announced a quarterly dividend of $1.0065 per share for its Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
The dividend will be paid on or after August 15, 2024, to shareholders of record as of July 19, 2024. P&G has consistently paid dividends for 134 years and has increased its dividend for 68 consecutive years, showcasing its commitment to providing steady income to its investors.
Luvs has announced the launch of its new Luvs Platinum Protection diapers featuring the popular character Bluey. These diapers offer improved absorbency, keeping babies dry for up to 12 hours with Triple Leakguard Protection.
The diapers include secure and stretchy sides, comfy leak barrier cuffs, and a wetness indicator for convenience. They are dermatologically tested, hypoallergenic, and free of parabens and latex.
Available nationwide from July 2024, Luvs Platinum Protection aims to provide an affordable, high-quality diaper ensuring both performance and comfort for babies.
The Procter & Gamble Company (NYSE:PG) announced it will host a webcast to discuss its fourth quarter earnings results on July 30, 2024, starting at 8:30 a.m. ET.
Both media personnel and investors can access the live audio webcast through the company's investor relations website, with a replay available post-event.
Pampers has partnered with Kevin Hart’s Hartbeat to launch a 90s sitcom-inspired content series called 'That’s So Baby,' starring Tisha Campbell and Tristan Mack Wilds. The series promotes Pampers Diaper Stash, a fund allowing friends and family to contribute towards diapers and wipes for new parents. The new feature also lets loved ones create a Diaper Stash on behalf of parents, helping them stock up on the right size diapers as the baby grows. This initiative addresses the common issue of receiving too many small-sized diapers or insufficient supplies at baby showers. The Diaper Stash funds can be used to purchase Pampers products from major retailers or be reimbursed directly to a linked bank account.
Zevo On-Body, a brand under Procter & Gamble, has announced its official partnership with Major League Soccer (MLS), naming Zevo as the League's first official bug spray. This collaboration, featuring soccer legend Landon Donovan, aims to provide players, fans, and spectators with up to eight hours of odorless, non-sticky protection against mosquitoes and ticks. The partnership includes a sweepstakes offering fans the chance to win a VIP experience at a 2024 Inter Miami home match. Zevo On-Body products are available in various forms and utilize the active ingredient IR3535 to block bug receptors effectively.
For more information, visit ZevoInsect.com or any major retailer.
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