Procter & Gamble Stock Price, News & Analysis

Secret Deodorant has pledged $1 million to support gender equality initiatives, assisting over 100,000 women and families via the YWCA network. This funding will enhance childcare services and workforce programs in 12 communities affected by the pandemic. The campaign includes a docuseries titled “Secret Superhero Moms”, highlighting the resilience of working mothers. Recent surveys reveal 97% of children view their mothers as superheroes, underscoring the importance of female empowerment and support. Secret aims to address economic disparities impacting women, especially women of color.

Align Probiotic, the leading doctor-recommended probiotic brand, collaborates with nutrition expert Vanessa Rissetto to promote gut health and immunity. The partnership aims to dispel common misconceptions about probiotics and encourage a daily routine for better digestive health. Align’s products, including Align 24/7 Digestive Support and Align Gut Health and Immunity Support, are backed by over 20 years of research and are recommended by gastroenterologists. The unique strains used in Align products help soothe digestive discomfort and support the immune system, which is primarily housed in the gut.

Procter & Gamble (NYSE:PG) has announced significant progress in achieving its Ambition 2030 goals aimed at increasing packaging circularity in Europe. The company aims to reduce virgin plastic usage by 50% and ensure 100% recyclability or reusability by 2030. P&G is the first FMCG to join the RecyClass initiative, receiving 12 product approvals for its recyclable packaging across various brands. P&G's Shave Care brands plan to eliminate 545 metric tons of plastic annually and introduce reusable aluminum bottles, reinforcing its commitment to sustainability.

Crest has launched its first-ever leave-on teeth whitening treatment, Crest Whitening Emulsions, available nationwide in three varieties, including an innovative LED Accelerator Light Kit. The product transforms teeth whitening into a daily routine, applying in seconds and working with active hydrogen peroxide droplets. It aims to deliver noticeable results in just three minutes with virtually no sensitivity. The launch builds on Crest's success since the introduction of 3D Whitestrips, positioning it as a leader in the at-home teeth whitening market.

Tide Loads of Hope, supported by Tide Cleaners, is providing free laundry services to Texas families affected by severe weather from February 22 to February 26. This initiative serves to alleviate the hardships experienced by millions lacking basic utilities. Customers can bring one bag (up to 13 pounds) of laundry to any participating Tide Cleaners location. The movement aligns with Tide's commitment to community support, having previously assisted over 50,000 families during disasters. COVID-19 safety measures will be followed at all locations.

Secret introduces its innovative DERMA+ Antiperspirant, designed in collaboration with female dermatologists to offer clinical-level sweat and odor protection while conditioning the skin. Featuring ProVitamin B5 and DERMA-Shield, this formula addresses common issues like underarm irritation, redness, and discoloration. Available in four variants for $7.99, its unique squeeze tube packaging ensures easy application. Backed by research, this product meets the demands of 60% of women seeking skincare benefits in their antiperspirants.

Procter & Gamble (NYSE:PG) has announced a $25 million initiative to provide one million connected devices to students lacking access to digital learning tools, a need heightened by the COVID-19 pandemic. This effort is spearheaded by the Take on Race Coalition, which includes partners like Dell, Intel, and Microsoft. The initiative aims to bridge the digital divide for communities of color and improve educational outcomes. Strategic partnerships with local organizations will facilitate distribution and support for students in several major cities.

Jon R. Moeller, Vice Chairman and Chief Financial Officer of Procter & Gamble, will speak at the Consumer Analyst Group of New York Virtual Conference on February 18, 2021, at 9:20 a.m. ET. Investors can access the live audio webcast at www.pginvestor.com, starting at the scheduled time and available for replay afterward.

Procter & Gamble Company (NYSE: PG) has appointed B. Marc Allen to its Board of Directors, effective February 10, 2021. Allen, currently Chief Strategy Officer at Boeing, brings extensive experience in corporate strategy, international operations, and government relations. His previous roles at Boeing include president of Embraer Partnership, Boeing International, and Boeing Capital Corporation. P&G Chairman David Taylor expressed enthusiasm for Allen's skills, which will enhance the board's expertise in key areas and support P&G's strategic goals moving forward.