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.
The Procter & Gamble Company reports consumer-products developments across a portfolio of household, beauty, personal care and health brands. News commonly covers product launches, limited-edition collections and marketing campaigns for brands such as Native, Secret, Olay, Metamucil, Pantene and Zevo.
Company updates also describe formula claims, retailer-exclusive assortments, category extensions and brand education in areas such as deodorant, body wash, skin care, hair care, fiber supplements and household pest control. P&G also references a broader global brand portfolio that includes Tide, Pampers, Gillette, Crest, Charmin, Dawn and Oral-B.
The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2022 net sales of $21.0 billion, up 6% year-over-year. Organic sales also increased 6%, driven by a 3% rise in shipment volumes and a 3% increase in pricing. Diluted EPS reached $1.66, a 13% increase compared to the previous year. P&G raised its fiscal 2022 sales growth outlook to 3-4% and organic sales growth to 4-5%. Despite higher commodity and freight costs affecting margins, cash flow remained strong at $5.1 billion.
Procter & Gamble has launched Dawn EZ-Squeeze, a new inverted dish soap bottle featuring a patented no-flip cap that allows for easy one-handed use. The innovative design aims to enhance consumer experience, making it easier to dispense dish soap without making a mess. P&G invested over five years in research and development to create this product. The upgraded formula offers 4x faster grease cleaning, removing 99% of grease and food residues. The product is now available in mass retailers with Platinum and Original formulas.
The Procter & Gamble Company (NYSE: PG) has declared a quarterly dividend of $0.8698 per share, effective February 15, 2022. Shareholders on record as of January 21, 2022, will receive the dividend, reflecting the company's ongoing commitment to returning value to its investors. P&G has a remarkable history of paying dividends for 131 consecutive years and has consistently increased its dividend for 65 years, underscoring its strong financial performance and shareholder confidence.
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Procter & Gamble Beauty launched BeautySPHERE at CES 2022, marking its first entry into the metaverse. This immersive digital platform allows users to engage with P&G's brands through storytelling and gamification, emphasizing the principles of Responsible Beauty. The platform features livestream panel discussions and interactive content focused on sustainability, safety, and inclusion. Participants can also authenticate botanicals used in products and contribute to tree-planting initiatives in Mexico. BeautySPHERE aims to enhance consumer connection with P&G's values and innovations.
Procter & Gamble (NYSE: PG) has launched its LifeLab virtual experience at CES, featuring innovations aimed at improving consumer care in everyday needs. The showcase includes Gillette with the new exfoliating bar razor, Oral-B smart toothbrushes, and Tide's eco-friendly laundry detergent for space travel. Visitors can interact live with P&G experts at PGLifeLab.com.
P&G emphasizes consumer-inspired innovations and sustainability commitments in its product offerings.
Oral-B has unveiled its latest innovations at CES 2022, introducing the Oral-B iO10 with iOSense, a smart toothbrush that offers real-time coaching for superior oral care. The new iO4 and iO5 models aim to improve accessibility to advanced dental hygiene, priced under $100. Oral-B also partners with Grin to provide tele-dentistry solutions, promoting better oral health management at home. The company is reintroducing the 'Attack of the Cavity Creeps' game to educate children on oral hygiene. These initiatives align with Oral-B’s mission to enhance oral health globally.
The Procter & Gamble Company (NYSE:PG) will host a webcast discussing its second quarter earnings results on January 19, 2022, starting at 8:30 a.m. ET. The live audio webcast will be accessible to media and investors at www.pginvestor.com, with a replay available afterward. P&G serves consumers globally with a robust portfolio of trusted brands, including Tide, Gillette, and Pampers, among others. For more information on P&G, visit www.pg.com.
Microban 24 has been named the Official Sanitizing Spray of the NFL, providing 24-hour surface protection against bacteria. The brand is collaborating with NFL stars, including Thomas Davis, to extend sanitization efforts to youth football leagues. In its second year of the Most Valuable Protectors program, Microban 24 donated $10,000 and products to the Carolina Panthers Challenger Flag Football League. This partnership aims to enhance hygiene in locker rooms and community activities.
The Procter & Gamble Company (NYSE: PG) has issued a voluntary recall of aerosol dry conditioner and shampoo sprays from the Pantene and Herbal Essences brands in Canada due to detected levels of benzene. Although daily exposure at these levels is not expected to cause health issues, the company prioritizes consumer safety and has decided to recall the affected products. Consumers are advised to stop using these products and follow instructions for reimbursements. This recall affects specific UPCs while other products remain safe for use.