Procter & Gamble Stock Price, News & Analysis

Febreze has launched the innovative Febreze Unstopables Touch Fabric Spray, which combines odor elimination with touch-activated scent technology. This unique product allows consumers to refresh their homes with lasting scent from soft and hard-to-wash fabrics. With up to 100 touches of freshness, it revolutionizes the fabric refresher category. In partnership with Lisa Vanderpump, Febreze also introduces limited-edition 'touch-n-sniff' pillows that enhance the scent experience. This launch emphasizes Febreze's commitment to delivering long-lasting freshness and odor elimination.

Procter & Gamble's Always brand, in partnership with Thrive Global, launched the Always You app—a free period tracker designed to enhance users' wellness while combating period poverty. Users can track their menstrual cycles in under 30 seconds and contribute to donations for period products. The initiative addresses the challenge faced by 1 in 5 girls in the U.S. who miss school due to lack of menstrual products. The app also incorporates Thrive's wellness strategies to help women improve their holistic health.

The Procter & Gamble Company (NYSE: PG) announces that Nelson Peltz, CEO of Trian Fund Management, will not seek re-election to its Board of Directors during the 2021 Annual Meeting of Shareholders. Peltz has served since 2018 and has contributed to the Governance & Public Responsibility and Innovation & Technology Committees. Trian Fund Management expresses confidence in P&G's strategic direction and leadership, affirming the company's position for future success under David Taylor and Jonathan Moeller.

Procter & Gamble (NYSE: PG), a long-time Olympic sponsor, has launched the Athletes for Good Fund in collaboration with the IOC and IPC to support athletes making positive community impacts. The fund provided over $500,000 in grants for athletes' charitable initiatives ahead of the Tokyo 2020 Games. A virtual panel discussion featured athletes like Mariah Duran and Alice Dearing, who shared their journeys and community advocacy efforts. P&G's commitment is part of their 'Lead with Love' campaign aiming for 2,021 Acts of Good in 2021.

Eastman has partnered with Procter & Gamble to enhance recycling solutions and reduce reliance on virgin plastic packaging. This collaboration aims to implement Eastman Renew materials in select P&G products, promoting a circular economy. Both companies will work on initiatives to improve recycling infrastructure in the U.S., focusing on hard-to-recycle plastics. Eastman plans to construct a major plastic-to-plastic recycling facility in Kingsport, Tennessee, set to complete in 2022, utilizing over 200 million pounds of landfill-bound plastic annually.

The Procter & Gamble Company (NYSE:PG) reported fourth quarter and fiscal year 2021 results, showing strong performance with net sales of $76.1 billion, up 7% from the prior year. Diluted EPS increased 11% to $5.50. Despite challenges, P&G expects continued growth in fiscal 2022, estimating all-in sales growth of 2-4% and GAAP EPS growth of 6-9%. However, they anticipate headwinds from increased commodity and freight costs amounting to approximately $1.9 billion after-tax, impacting EPS growth by 12% percentage points.

Procter & Gamble (NYSE: PG) has announced that Jon R. Moeller will succeed David Taylor as President and CEO, effective November 1, 2021. Taylor will transition to the role of Executive Chairman. Moeller, who has been with P&G since 1988 and held various senior leadership positions, including COO, expressed confidence in the company's future and its commitment to sustained excellence. Additionally, Shailesh Jejurikar has been appointed COO, effective October 1, 2021. The Board believes this is the right moment for leadership transition to ensure continued growth and value creation.

Secret's new campaign, Just #WatchMe, aims to combat the alarming dropout rate of girls in sports, which is twice that of boys by age 14. The initiative includes a $150,000 pledge to girls' sports as part of a $1 million commitment to gender equality and encourages society to support women athletes. Through partnerships with the Women’s Sports Foundation, the campaign promotes inclusivity and visibility in women’s sports. Events include murals in major cities and a viewing party in NYC, aiming to fill bleachers and inspire young female athletes.

Always and Walmart are collaborating with the Women’s Sports Foundation to encourage girls to stay in sports, launching the #KeepHerPlaying initiative. Olympic gymnast Laurie Hernandez supports this campaign, which highlights the essential life skills girls acquire through sports participation. Research shows nearly half of U.S. girls drop out of sports during puberty, while 66% of women attribute their success to sports. Always has committed $500,000 in grants to help organizations provide opportunities for girls in sports. The initiative aims to combat economic barriers and ensure equitable access to athletic programs.