Thu, Feb. 18, 2:22 PM
- Procter & Gamble (PG -0.7%) CEO David Taylor says the company needs to become more nimble by empowering regional managers to adapt to local trends.
- In China, P&G is looking at ways to benefit from the end of China's one-child policy and the growing popularity of premium products.
- The biggest headline from the CAGNY presentation today was the vow by execs to slash another $10B from expenses over the next five years.
- Procter & Gamble CAGNY conference presentation webcast
Mon, Feb. 8, 2:26 PM
- Investors are taking refuge in some weathered stocks in the consumer goods sector.
- Procter & Gamble (PG +0.9%), Hershey (HSY +2.2%), Altria (MO +0.3%), Hormel (HRL +1.9%), Clorox (CLX +1.8%), and Post Holdings (POST +0.4%) are all making gains despite the 375-point slide in the Dow Jones Industrial Average.
- The Consumer Staples Select ETF (NYSEARCA:XLP) is down 1%, compared to the much steeper losses in the tech and financials sectors.
Tue, Feb. 2, 9:00 AM| Tue, Feb. 2, 9:00 AM
- January monthly performance was: -3.31%
- 52-week performance vs. the S&P 500 is: -2%
- $0.10 in dividends were paid in January
- Top 10 Holdings as of 12/31/2015: Exxon Mobil Corporation (XOM): 3.35%, AT&T Inc (T): 3.15%, Microsoft Corp (MSFT): 3.11%, Apple Inc (AAPL): 2.84%, Verizon Communications Inc (VZ): 2.5%, General Electric Co (GE): 2.36%, Johnson & Johnson (JNJ): 2.21%, Chevron Corp (CVX): 2.2%, Wells Fargo & Co (WFC): 2.06%, Procter & Gamble Co (PG): 1.93%
Tue, Jan. 26, 10:56 AM
- Consumer packaged giant Procter & Gamble (PG +3%) continues to test services concepts with a limited home laundry pickup initiative in Chicago.
- Customers are charged $1.59 per pound of laundry for the wash+fold+delivery Tide Spin service. Dry cleaning options are also available.
- P&G is higher after earnings as investors focus on the company's bottom line over some broad volume declines across segments.
- Previously: Procter & Gamble beats by $0.06, misses on revenue (Jan. 26 2016)
- Previously: Margins pop at Procter & Gamble on productivity gains (Jan. 26 2016)
Tue, Jan. 26, 7:16 AM
- Procter & Gamble (NYSE:PG) reports organic sales increased 2% in FQ2. Total sales were down 9% due largely to F/X swings.
- Volume fell 3% during the quarter, while pricing contributed three percentage points of growth.
- Gross margin +210 bps to 50.7% as productivity cost savings factored in significantly.
- Core operating margin +350 bps on a currency-neutral basis.
- Segment revenue growth: Beauty/Hair/Personal Care -10%, Grooming -10%, Health Care 5%, Fabric Care/Home Care -7%, Baby/Feminine -10%.
- The company expects core EPS to be down 3% to 8% from last year's mark of $3.76.
- Previously: Procter & Gamble beats by $0.06, misses on revenue (Jan. 26 2016)
- PG +0.33% premarket to $77.10.
Tue, Jan. 26, 7:02 AM
- Procter & Gamble (NYSE:PG): FQ2 EPS of $1.04 beats by $0.06.
- Revenue of $16.92B (-8.5% Y/Y) misses by $20M.
Mon, Jan. 25, 5:30 PM
Tue, Jan. 19, 7:47 AM
- Procter & Gamble (NYSE:PG) is on the move after catching an upgrade from Stifel Nicolaus.
- The investment firm raises P&G to a Buy rating from Hold on its view that sales growth will accelerate this year.
- Stifel thinks the consumer products giant will benefit from the cost savings programs fired off by management.
- P&G's lush dividend yield of 3.54% also gives investors a nice backstop, notes Stifel.
- PG +1.83% premarket to $76.35.
Tue, Jan. 12, 8:19 AM
- Procter & Gamble (NYSE:PG) declares $0.6629/share quarterly dividend, in line with previous.
- Forward yield 3.46%
- Payable Feb. 16; for shareholders of record Jan. 22; ex-div Jan. 20.
Wed, Jan. 6, 12:08 PM
- Atlantic Equities initiates coverage on Procter & Gamble (PG -0.8%) with a Neutral rating.
- The sidelines position (Hold/Neutral/Market Perform) on P&G is the most popular stance on Wall Street as concerns over organic growth linger.
- Traders expect the anxiety over the consumer products giant to hold until it reports FQ2 earnings on January 26. CEO David Taylor is also expected to dish out more details on the company's strategy with the quarterly report.
Dec. 17, 2015, 9:11 AM
- Gillette files a patent infringement suit against Dollar Shave Club.
- The legal action cites an unauthorized use of patented technology by the razor upstart. Damages and an injunction are asked for in the initial petition.
- Dollar Shave Club has disrupted the textbook razor-and-blades pricing model a bit this year through its online subscription service. Online sales of razor blades have doubled this year, although still account for only about 9% of all sales.
- There has been some VC backing of Dollar Shave Club and it's considered an IPO candidate.
- The Gillette brand is one of the crown jewels of Procter & Gamble (NYSE:PG).
Dec. 7, 2015, 10:41 AM
- Procter & Gamble (PG +0.2%) is at a 17-week high after crossing over $78 again.
- The stock has quietly outperformed the S&P 500 Index during the period as the focus has shifted away from F/X challenges to organic volume gains for surviving brands.
- Despite recent calls to split P&G, some analysts think management is on the right track.
Dec. 4, 2015, 1:37 PM
- Investors are buying back into consumer staples and consumer discretionary names, while tip-toeing around major chains such as Wal-Mart, Target, Best Buy, and Macy's. Some sin stocks are part of the rally.
- Lower oil prices, today's read on U.S. employment, and a few key earnings report have helped to increase confidence that consumers will spend more on low-priced items. Notable movers by category are below.
- Nondurable household products: Scott's Liquid Gold-Inc (OTCPK:SLGD +4.5%), Procter & Gamble (PG +2.5%), Church & Dwight (CHD +1.6%), Spectrum Brands (SPB +1.4%).
- Toys/Video games: Electronic Arts (EA +4.6%), Mattel (MAT +4.3%), Activision Blizzard (ATVI +3.2%).
- Tobacco: Reynolds America (RAI +3.1%), Altria (MO +2.5%).
- Beverages: Brown-Forman (NYSE:BF.A) +3.2%, Constellation Brands (STZ +2.8%), Coca-Cola (KO +2.3%), PepsiCo (PEP +2%).
- Footwear: Nike (NKE +2.6%), Skechers (SKX +1.9%), Wolverine Worldwide (WWW +2.2%).
- Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, FDIS, SCC, UCC, RCD, PMR, UGE, SZK, BITE
Dec. 4, 2015, 10:29 AM
- Economists think that the combination of a stronger U.S. jobs environment and sub-$2 gas prices could improve some consumer spending habits, although not as much for traditional big box retailers, apparel chains, and electronics stores as for specialty retailers selling lower-end personal care, housing, and decor items. Though middle-income and low-income consumers continue to be thrifty with major purchases (logo apparel, gadgets), there have been signs in recent earnings reports of strength in everyday items such as shampoo, mattresses, and underwear.
- That trend could benefit a variety of chain stores with an U.S. focus including Five Below (NASDAQ:FIVE), Ulta Salon (NASDAQ:ULTA), TJX Companies (NYSE:TJX), Dollar General (NYSE:DG), Ross Stores (NASDAQ:ROST), Kirkland's (NASDAQ:KIRK), Sally Beauty Holdings (NYSE:SBH), Michaels Companies (NASDAQ:MIK), Party City (NYSE:PRTY), and even Mattress Firm (NASDAQ:MFRM).
- The bump in consumer staples spending could provide a lift to Procter & Gamble (NYSE:PG), Kimberly-Clark (NYSE:KMB), and Clorox (NYSE:CLX) as well for the U.S. side of their business.
- Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC
Nov. 23, 2015, 12:52 PM
- Shares of Procter & Gamble (PG -0.2%) are snoozing the weekend write-up in Barron's calling for a split. Those type of profiles are frequently good for a Monday boost for the target.
- The sum-of-the-pieces argument on P&G is nothing new and was even a major topic during one of the firm's earnings calls earlier this year.
- P&G isn't due to report its next batch of quarterly numbers until January 26 when the topic may be raised again to management if organic growth is subdued.
- Previously: Break-up debate stirred up on Procter & Gamble's earnings call (Jul. 30 2015)
- Previously: Barron's: Procter & Gamble should split (Nov. 23 2015)
Nov. 23, 2015, 3:47 AM
- Procter & Gamble (NYSE:PG) is at a crossroads, according to Barron's, which states the company should break itself up to improve its beleaguered performance.
- The "radical action" would give P&G the chance to contend with more "agile competitors" and would offer investors an opportunity to invest in companies growing from a dramatically smaller base.
- Barron's also figures that P&G's businesses could be worth about $90 a share if they traded separately, compared with a recent stock price of $75.
- PG is down about 17% YTD.
Procter & Gamble Co. engages in the provision of branded consumer packaged goods to its consumers around the world. Its products are sold primarily through mass merchandisers, grocery stores, membership club stores, drug stores, high frequency stores, and neighborhood stores which serve many... More
Sector: Consumer Goods
Industry: Personal Products
Country: United States
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