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P&G raises FY forecast on higher demand for beauty products
Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty brands such as SK-II and China Olay......»»
Former P&G brands could fetch billions in sale by Coty
Former Procter & Gamble Co. brands that were acquired by Coty Inc. could be resold for billions of dollars. Coty disclosed today that the firm intends to sell its Professional Beauty Business and associated hair brands, which includes former P&G brand.....»»
The NBA faces a billion-dollar crisis over one executive"s tweet about Hong Kong. Here"s why China is so hard for Western brands to break into.
Jonathan Bachman/Getty Images; Dolce & Gabbana/Instagram; Evan Agostini/Invision via AP The NBA this week became the latest in a slew of foreign brands who have landed in hot water in China. Dozens of Western b.....»»
World"s biggest brands have a trash problem. This man can help
Procter & Gamble, Unilever, Nestlé and PepsiCo are all trying out reusable packaging thanks to Tom Szaky, the CEO of TerraCycle. Earlier this year, Szaky launched Loop, a new shopping service that aims to cut down waste......»»
The world"s biggest brands have a garbage problem. This man can help
Procter & Gamble, Unilever, Nestlé and PepsiCo are all trying out reusable packaging thanks to Tom Szaky, the CEO of TerraCycle. Earlier this year, Szaky launched Loop, a new shopping service that aims to cut down waste......»»
Express names Limited Brands and Procter & Gamble veteran as next president
The executive who led Columbus-based Express Inc. on an interim basis following the early 2019 departure of its CEO will now serve as president of the retailer. Matthew Moellering has served as Express' chief operating officer since 2011 and led the.....»»
Five things you need to know today, and downtown"s disappearing office space
Good morning, Cincinnati! Here are the five most important things you need to know to help start your busy business day: P&G cuts ad spending by $350M Barrett J. Brunsman reports that Procter & Gamble spent $6.75 billion on advertising in the recent.....»»
Men with beards are taking a heavy toll on the razor industry
Procter & Gamble blames Gillette’s $8 billion writedown on ‘lower shaving frequency.’.....»»
Young men with beards are nicking the razor industry
Procter & Gamble blames Gillette’s $8 billion writedown on ‘lower shaving frequency.’.....»»
Men with beards are killing the razor industry
Procter & Gamble blames Gillette’s $8 billion writedown on a ‘lower shaving frequency.’.....»»
P&G posts strong sales, takes $8 billion Gillette writedown
Procter & Gamble Co's quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high even as the world's No.1 personal goods company took an $8 billion charge on its Gillette shaving business......»»
P&G posts strong profit amid $8 billion writedown of Gillette
Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world's No.1 personal goods company took an $8 billion writedown on its Gillette shaving business......»»
Procter & Gamble keeps spending in Russia
Procter & Gamble is to invest 2.4 billion rubles ($37 million) in its Russian operations this year to expand its distribution center, modernize some manufacturing and localize more product production......»»
P&G to test eco-friendly refills for Olay moisturizer
Procter & Gamble Co. will test pod refills of Olay Regenerist Whip moisturizer starting in October, the company announced Wednesday at the 2019 Sustainable Brands Conference. Through the end of the.....»»
P&G commits to reducing plastic in packaging
Procter & Gamble Co. fabric care brands across Europe intend to reduce plastics use in packaging by 30 percent by 2025. The Cincinnati-based maker of Ariel detergent and Lenor fabric softener (NYSE: PG) said planned reductions from those and other.....»»
P&G operating margin, grooming product sales dip on strong dollar; shares drop
Procter & Gamble Co reported a decline in its third-quarter operating margin on Tuesday and said a strong U.S. dollar hurt sales of its grooming products, sending shares of the maker of Tide and Gillette products down as much as 3.3% in morning trading......»»
Procter & Gamble Issues Soft Outlook After Beating Analyst Estimates
The Procter & Gamble Company (NYSE: PG) beat analysts' expectations on both earnings per share (EPS) and net sales in the third quarter of fiscal year 2019. The company reported net sales of $16.5 billion, up 1 percent year-ove.....»»
P&G beats profit, sales estimates with price hikes
Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar......»»
P&G: Fiscal 3Q Earnings Snapshot
Procter & Gamble Co. on Tuesday reported fiscal third quarter net income of $2.75 billion......»»
Procter & Gamble tops estimates, but offers soft outlook
Procter & Gamble Co. said Tuesday it had net income of $2.776 billion, or $1.04 a share, in its fiscal third quarter, up from $2.540 billion, or 95 cents a share, in the year-earlier p.....»»