Procter & Gamble Company - $PG STOCK NEWS

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.

Procter & Gamble is providing relief to residents impacted by tornadoes in the Great Plains by offering free personal care products, shower services, and laundry facilities at Walmart in Omaha, Nebraska. The initiative is in collaboration with Matthew 25: Ministries to aid families, individuals, and responders in need of essential items after severe storms hit the region. P&G is distributing personal care kits, cleaning products, and laundry services to support the affected communities.

Gillette Venus partners with The Saltwater Collective to launch a new size-inclusive swimwear collection in support of body confidence. With a focus on empowering women, the partnership introduces a unique collection designed to address women's needs and challenges when shopping for swimwear. The collaboration also includes a sponsorship of Fast and Female, a Canadian charity empowering girls through sports and education.

Tide and Walmart have teamed up to promote washing in cold water as a more sustainable choice for consumers. The campaign aims to reduce the environmental impact of laundry, highlight the benefits of cold water washing, and save consumers money. The joint effort includes in-store product sampling, digital advertising, and social media promotion to establish cold water washing as a widely adopted eco-habit. Tide's new formula upgrade enables a powerful clean in cold water, offering benefits such as clothing longevity, money savings, and a significant reduction in environmental impact. The goal is to shift 75% of laundry loads in North America to cold water washing by 2030, potentially avoiding millions of metric tons of CO2 emissions. Walmart's collaboration with Tide aims to make cold water washing the new standard, aligning with their commitment to sustainability. This partnership joins a coalition of brands and organizations advocating for the benefits of cold water washing, including the World Wildlife Fund and HanesBrands.

Procter & Gamble (NYSE:PG) reports third-quarter fiscal year 2024 results with net sales up 1% to $20.2 billion, organic sales up 3%, and diluted EPS increasing by 11%. The company maintains fiscal year sales and cash return guidance while raising EPS growth guidance. P&G's dividend increase marks the 68th consecutive year of growth. Segment-wise, Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care show varying organic sales growth. Gross margin and operating margin improved, with a focus on productivity, pricing, and volume growth.

P&G Professional introduces Dawn Professional products to help restaurants work more efficiently and provide a reliable clean every time. The reformulated Dawn Professional Manual Pot and Pan detergent and new Dawn Professional Heavy Duty Powerwash aim to streamline cleaning processes in restaurant kitchens, allowing dishwashers to work smarter, not harder.

Tide's Loads of Hope program celebrates National Laundry Day with a $400,000 donation to RMHC Canada, enhancing laundry programs for families with sick children. The initiative aims to provide comfort and support to families in need, expanding Tide's mission of doing good with every load of laundry.

Pampers collaborates with BBC Studios to launch new Easy Ups Training Underwear prints featuring Bluey, aiming to make potty training a stress-free and fun experience for families. The product offers leakproof protection, a soft fit, and easy tear sides for quick changes, enhancing the potty training journey for children and parents.