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.
Jon R. Moeller, Vice Chairman and Chief Financial Officer of Procter & Gamble, will speak at the Consumer Analyst Group of New York Virtual Conference on February 18, 2021, at 9:20 a.m. ET. Investors can access the live audio webcast at www.pginvestor.com, starting at the scheduled time and available for replay afterward.
Procter & Gamble Company (NYSE: PG) has appointed B. Marc Allen to its Board of Directors, effective February 10, 2021. Allen, currently Chief Strategy Officer at Boeing, brings extensive experience in corporate strategy, international operations, and government relations. His previous roles at Boeing include president of Embraer Partnership, Boeing International, and Boeing Capital Corporation. P&G Chairman David Taylor expressed enthusiasm for Allen's skills, which will enhance the board's expertise in key areas and support P&G's strategic goals moving forward.
Health Canada has approved Microban 24 Sanitizing Spray (DIN 02490730) for killing SARS-CoV-2, the virus causing COVID-19, in just five minutes. This product is the second in its lineup, following Microban 24 Multi-Purpose Cleaner, which received approval last month. Besides combating COVID-19, it effectively kills 99.9% of cold and flu viruses and bacteria for up to 24 hours when used properly. Moses Ogbonnaya, P&G Canada leader, emphasizes the importance of this approval for consumer safety during the pandemic.
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.