Procter & Gamble Stock Price, News & Analysis

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.

Old Spice launches its new campaign, “Smell Ready for Anything,” aimed at empowering men to embrace their potential. The campaign includes innovative ads and product releases featuring three cologne-quality scents: Dynasty, Sea Spray, and Royalty. In light of the pandemic's impact, especially on young adults, the brand focuses on boosting confidence and challenging self-criticism. Old Spice introduces enhanced products like Clinical Sweat Defense with 73-hour sweat protection and Hydrate with Aloe body wash, emphasizing long-lasting scents and hydration.

The Procter & Gamble Company (NYSE:PG) reported second quarter fiscal 2021 net sales of $19.7 billion, marking an 8% increase year-over-year. Diluted EPS rose 4% to $1.47, while core EPS surged 15% to $1.64. Operating cash flow was strong at $5.4 billion, and the company returned $5 billion to shareholders through dividends and stock repurchases. P&G raised its fiscal 2021 sales growth outlook to 5-6%, with GAAP EPS growth expected between 8-10%. Positive growth was reported across multiple segments, particularly in Home Care and Appliances.

Olay has announced a 10-year plan aimed at doubling the number of women and tripling women of color in STEM careers by 2030, addressing the existing STEM gap where women occupy only 24% of these roles. As part of this initiative, Olay is providing science kits to teachers to inspire interest in STEM among young girls, particularly during a crucial developmental phase. The kits include experiments, lab equipment for virtual learning, and motivational messages from women in STEM. Nominations for receiving these kits are open until January 15, and deliveries are scheduled for the week of February 8, coinciding with International Day of Women and Girls in Science.