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.
P&G Ventures, the startup studio of Procter & Gamble (NYSE: PG), is now accepting submissions for its Virtual Innovation Challenge, inviting entrepreneurs and startups to present their innovative consumer goods ideas. The competition culminates in a virtual pitch event on July 14, where finalists will compete for a $10,000 prize and a partnership opportunity with P&G Ventures. The challenge aims to discover fast-moving, consumable technologies that address significant consumer problems, with submissions open until May 13.
P&G Ventures, part of Procter & Gamble (NYSE:PG), is collaborating with Disruption Now Media and Revitalize Venture Studio to host two events aimed at supporting entrepreneurs of color this May. These events address the funding challenges faced by minority entrepreneurs, highlighted by a Crunchbase report indicating only 2.4% of venture funding from 2015-2020 went to Black and Latinx founders. The first event, 'Break Down - Breakthrough,' will offer resources and mentorship on May 7. Additionally, 'Pitch BLCK' invites Black entrepreneurs to pitch innovative product ideas for a chance to win $30,000 in investment.
The Procter & Gamble Company (NYSE: PG) reported Q3 FY21 net sales of $18.1 billion, a 5% increase year-over-year. Organic sales rose 4%, with significant growth in Home Care, Oral Care, and Appliances. Diluted EPS reached $1.26, a 13% increase, while operating cash flow was $4.1 billion. P&G returned $5 billion to shareholders, including a 10% dividend increase, marking 65 years of consecutive dividend hikes. The company maintains sales growth guidance of 5-6% for FY21, with GAAP EPS growth expected at 8-10%.
Procter & Gamble (NYSE:PG) has launched a new campaign for Earth Day, aiming to inspire sustainable living at home. A study revealed that 71% of Canadians wish to adopt sustainable practices, yet less than 40% act on these intentions. The campaign, featuring the short film It’s Our Home, encourages small actions that can significantly reduce greenhouse gas emissions. P&G aims to enhance sustainability through its products and initiatives, pledging to reduce manufacturing emissions by 50% and make 100% of packaging recyclable or reusable by 2030.
Procter & Gamble (NYSE: PG) has launched a new sustainability campaign called It’s Our Home to encourage environmentally conscious choices among consumers. A recent study reveals that 72% of participants wish to be more sustainable at home, yet many feel they lack guidance. The campaign highlights small actions that can significantly reduce greenhouse gas emissions, such as washing clothes in cold water and recycling. P&G aims to bridge the intention-action gap with innovative strategies while committing to ambitious goals for reducing emissions and increasing sustainability in their operations.
P&G's Bounty Paper Towels is addressing hidden bacteria in homes with a new initiative featuring experts like Bill Nye and Mayim Bialik. A survey showed nearly 92% of Americans have changed their cleaning habits recently, yet many still use unwashed dishcloths, posing health risks. Only 11% of consumers wash their kitchen towels weekly. Experts warn that used dishcloths can harbor harmful bacteria, leading to cross-contamination. The initiative will include educational content to promote safe cleaning practices.
The Procter & Gamble Company (NYSE:PG) has announced a quarterly dividend increase to $0.8698 per share, marking a 10% rise from the previous dividend. This dividend, payable on or after May 17, 2021, is for shareholders of record as of April 23, 2021. This increase reflects P&G's commitment to returning value to shareholders, representing the 65th consecutive annual dividend increase and the 131st consecutive year of dividend payments since its incorporation in 1890.
Procter & Gamble (PG) has announced a multi-year partnership with Major League Soccer (MLS) as the league kicks off its 26th season. This collaboration aims to engage fans and support local communities, particularly focusing on increasing equity in sports. P&G brands like Gillette, Old Spice, and Crest will leverage this partnership to tap into the growing enthusiasm for soccer, particularly in anticipation of the 2026 FIFA World Cup. Additionally, P&G will sponsor various high-profile events, including the Mexican National Team's U.S. Tour and the MLS All-Star Game.
Tampax is set to host the inaugural Tampax Gaming Fest on April 16 at 8 p.m. EDT via Twitch. This event aims to empower gamers with periods and challenge stigma surrounding menstruation. The festival will feature a panel with top female gamers and a live Valorant tournament with a $10,000 prize pool. Brand Director Camille Zahniser emphasized the importance of breaking down taboos in the gaming community. The event highlights Tampax’s commitment to fostering support and unity among female gamers while promoting open conversations about periods.
The American Lung Association and Swiffer have teamed up to launch the "Dust & Indoor Air Quality Briefing" aimed at educating consumers on enhancing indoor air quality. Given the increased time people spend at home, the briefing provides simple strategies, like regular dusting, to improve air quality. This initiative emphasizes the importance of maintaining a clean indoor environment for health, particularly during allergy season.