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.
Old Spice has launched its latest commercial, “Men Have Skin Too”, featuring Nia Long as a relationship therapist. The ad humorously addresses cohabiting couples who share grooming products, reflecting the relatable tensions that have arisen during the pandemic. A Wakefield Research study reveals that nearly 50% of women have borrowed their partner's grooming products in the past year. Old Spice continues to promote its Fresher Collection with new Fiji with Coconut Oil Hand & Body Lotion, aimed at dispelling the belief that men’s products lack quality.
The Procter & Gamble Company (NYSE:PG) reported first-quarter fiscal year 2022 net sales of $20.3 billion, up 5% year-over-year, with 4% organic sales growth. Diluted and Core EPS both stood at $1.61, a 1% decline from the previous year. The company maintained its fiscal year 2022 guidance, anticipating overall sales growth of 2-4% and GAAP EPS growth of 6-9%. Operating cash flow reached $4.6 billion. The quarter faced increased costs, impacting margins significantly.
P&G has successfully elected all 12 Directors, including newly appointed Christopher Kempczinski of McDonald's, with over 90% support from shareholders. This diverse Board aims to enhance P&G's strategic direction and growth amidst ongoing market challenges. The company declared a quarterly dividend of $0.8698 per share, affirming its commitment to shareholder returns. P&G has a 131-year history of dividend payments, increasing for 65 consecutive years, highlighting its financial stability.
Crest is launching a giveaway of limited-edition #BringOnTheCandy Safes this October, designed to help kids store their Halloween candy securely. The promotion emphasizes dental protection while allowing children to enjoy their treats without fear of parents taking them. The giveaway runs from October 6-9, 2021, for U.S. residents aged 18 and older, with entries submitted via Instagram. Crest, a leading toothpaste brand, reassures parents that their children's teeth are protected when they indulge in sweets.
Procter & Gamble's annual meeting will be led by CEO David S. Taylor on October 12, 2021, at 12:00 p.m. EDT. The event will be held virtually via a live webcast, accessible starting at 11:45 a.m. EDT. Shareholders can find detailed information about the meeting's agenda and voting items in the Notice of Annual Meeting and Proxy Statement available on P&G's investor website. The webcast will also be available for replay after the meeting.
P&G, with a presence in approximately 70 countries, offers trusted brands including Tide®, Crest®, and Gillette®.
Walgreens and Safeguard have launched the Hope is in Your Hands program, donating $300,000 worth of hand hygiene essentials to underserved communities. This initiative aims to distribute 10 million handwashes through Americares, an organization focused on health relief. The program is critical as CDC emphasizes handwashing to prevent illnesses, especially amid the ongoing COVID-19 pandemic. The products will be distributed via partner clinics in the U.S. and globally, enhancing access to essential hygiene items for low-income families.
Olay Body, a leading body care brand, has launched a new Body Lotion Collection featuring hydrating formulas enriched with niacinamide, collagen, hyaluronic acid, and vitamin C. This range aims to provide women with visible skin transformation, offering products that hydrate and rejuvenate skin. Olay partnered with Adrienne Houghton to highlight the benefits of the new collection, which includes Firming, Nourishing, and Revitalizing lotions. Dermatologist Elyse Love endorses the collection, praising its efficacy compared to higher-priced competitors.
Procter & Gamble (NYSE:PG) will host a live audio webcast discussing its first quarter earnings results on October 19, 2021 at 8:30 a.m. ET. Investors and media can access the presentation at www.pginvestor.com, with playback options available afterward. P&G is recognized for its extensive portfolio of trusted brands, operating across approximately 70 countries. For ongoing updates and news, please visit http://www.pg.com.
Gillette Venus is enhancing its commitment to ocean sustainability by forming the Board of Trust-Seas, comprising six women leaders in marine conservation. This initiative aligns with the global 30X30 initiative to protect 30% of the ocean by 2030, in partnership with We Are One Ocean. Venus is also introducing sustainable packaging and hosting mentorship programs for young women in ocean-related fields. The board's first assignment will kick off with the Venus Wave Makers Program to empower women in conservation efforts.
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