Procter & Gamble Stock Price, News & Analysis

Crest and Oral-B are committed to enhancing oral health in the U.S., focusing on underserved communities significantly affected by tooth decay. They aim to provide all Americans access to quality dental care and education. In 2020, they donated over $2.5 million in products and supported free dental check-ups, addressing the loss of 34 million school hours due to oral health issues. Their ongoing efforts include substantial investments in education for dental professionals and product innovations, promoting sustainable practices and a goal to educate 2 billion people on healthy oral care by 2030.

Procter & Gamble's brands, Secret and Old Spice, are launching refillable antiperspirant cases and expanding their aluminum-free deodorants in 90% recycled paper tube packaging, starting February 2021. The refillable cases are designed to reduce plastic waste and offer a sustainable alternative without compromising sweat protection. The refill kit is priced at $10, with refills at $8, making it accessible for consumers. P&G aims to provide eco-friendly products that are both affordable and delightful to use, responding to increasing consumer demand for sustainable personal care products.

Gillette launched Planet KIND, a new eco-friendly shaving and skincare brand, focusing on sustainability and skin-friendly products. The brand features recyclable packaging made from 85% recycled materials and a razor handle from 60% recycled plastic. For every product sold, 10 plastic bottles will be prevented from entering the ocean through a partnership with Plastic Bank, aiming to stop 10 million bottles in the first year. Products are available at Target stores and online, supporting Gillette's 2030 Sustainability Goals for 100% recyclable packaging.

P&G’s Safeguard brand is partnering with the NFL for Super Bowl LV, expected to attract 22,000 fans in Tampa, Florida. P&G Professional will supply 35,000 2oz bottles of hand sanitizer for PPE bags and nearly 1,000 sanitization stations at the Super Bowl Experience. Safeguard's sanitizer contains 69.9% alcohol and is dermatologically endorsed. In addition to sanitization efforts, stadium cleaning staff will use Microban 24 to disinfect high-touch areas, proven effective against COVID-19 and other germs.

P&G's Microban 24 launches the "Most Valuable Protector" program to honor sanitation workers who have kept environments safe during the COVID-19 pandemic. Partnering with NFL player Laurent Duvernay-Tardif, the initiative will recognize sanitation heroes with a VIP experience at NFL events. Microban 24 products, known for 24-hour bacteria protection, will be utilized at high-touch areas in Arrowhead Stadium during Super Bowl LV. The program aims to highlight the vital role of sanitation workers in maintaining public safety.

P&G's brands, Royal Oils by Head & Shoulders and Gold Series from Pantene, have launched the "Crowns of Heritage" campaign to celebrate Black History Month. This initiative, in collaboration with AfricanAncestry.com, invites individuals to explore their African roots through DNA testing. The campaign includes a giveaway of 50 DNA test kits, promoting connection to heritage. P&G's extensive research and development, led by Black scientists, have created haircare products specifically for textured hair, reinforcing the brand's dedication to serving the needs of Black consumers.

The Febreze Fade Defy PLUG^™ introduces innovative microchip technology to enhance air fresheners. It controls scent release based on temperature, ensuring a consistent fresh smell for up to 50 days. Designed with a dual-wick system, it alternates scents every 45 minutes to prevent users from becoming accustomed to them. A blue LED light indicates when refills are needed. Available for $5.49, the product targets high-traffic areas and aims to solve common scent fade complaints. Febreze continues to grow as a leading brand within Procter & Gamble’s portfolio.

Procter & Gamble launches the "Come Clean to Close the Chore Gap" campaign, promoting equality in household chores. Research indicates that 65% of households still assign most chores to one person, predominantly women, who spend over 100 hours more on chores than men annually. The initiative encourages family discussions about chores, resulting in 52% of couples feeling closer and 44% feeling respected. The campaign will feature a Super Bowl ad and aims to inspire families to share responsibilities, benefiting relationships and child development. For each commitment made, products will be donated to support families in need.

Procter & Gamble’s Home Care brands, Dawn and Swiffer, launched a campaign called “Come Clean to Close the Chore Gap,” addressing unequal household chore distribution. Research shows that 65% of households assign most chores to one person, predominantly women, who spend over 100 extra hours on chores compared to men. The campaign aims to inspire equitable sharing of chores, enhancing family dynamics. Notably, 52% of couples reported feeling closer due to shared responsibilities. For every commitment made on closethechoregap.com, products will be donated to families in need.