P&G(PG)

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P&G(PG) - 2023 Q3 - Quarterly Report
2023-04-20 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) x TrueQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2023 OR o FalseTRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to pglogoa21.j THE PROCTER & GAMBLE COMPANY (Exact name of registrant as specified in its charter) Ohio OH 1-434 31-0411980 (State of Incorporation) ...
The Procter & Gamble Company (PG) Presents at CAGNY 2023 Conference (Transcript)
2023-02-26 01:25
Procter & Gamble Company (NYSE: PG) CAGNY 2023 Conference Call Summary Company Overview - **Company**: Procter & Gamble Company (P&G) - **Date**: February 23, 2023 - **Participants**: Jon Moeller (Chairman, President and CEO), Andre Schulten (CFO), John Chevalier (VP, IR) Key Industry Insights - P&G has navigated several challenges including a global pandemic, input cost inflation, and supply chain issues while achieving growth ahead of peers [3][4] - The company has focused on simplifying its organizational structure, innovating products, and enhancing digital and supply chain capabilities [3] Financial Performance - **Organic Sales Growth**: Up 6% in the first half of the fiscal year despite market pressures in Greater China and reduced portfolio in Russia [4] - **Core Earnings Per Share**: Down 3%, primarily due to 26 points of headwinds from material costs, foreign exchange, and transportation [4] - **Market Share**: Global aggregate market share remains stable, with 29 out of 50 category-country combinations holding or growing share [5] - **North America Sales**: Exceeded $10 billion for the first time in Q1, tracking towards $40 billion for the fiscal year, up from $30 billion four years ago [6] Cash Return to Shareholders - P&G has paid dividends for 132 years and raised dividends for 66 consecutive years, returning nearly $10.5 billion to shareholders through dividends and share repurchases [7] Strategic Outlook - P&G maintains its outlook for core earnings per share growth in the range of flat to +4% versus the prior year [8] - The company is committed to balanced growth across top and bottom lines, focusing on productivity and pricing strategies [9] Market Dynamics - Input costs are moderating but remain significantly higher year-on-year, with foreign exchange continuing to be a headwind [10] - Consumer dynamics vary by region, with U.S. consumers showing resilience while European markets have softened due to high inflation [11] Innovation and Brand Superiority - P&G emphasizes the importance of brand superiority to drive category growth, investing in innovation and productivity to offset cost challenges [12][13] - The company aims to deliver superior value through sustained investment in brands, even in an inflationary environment [12] Regional Performance - **China**: Expected to return to mid-single-digit growth rates in the long term, with a modest recovery anticipated post-COVID [11] - **Europe**: Consumers are under more pressure compared to the U.S., with a need for strategic adjustments in response to market conditions [59] Sustainability Initiatives - P&G is committed to environmental sustainability, with initiatives to reduce plastic usage and improve recycling processes [31][32][33] Digital Transformation - The company is leveraging digital tools to enhance marketing effectiveness and improve retail execution [35] Conclusion - P&G's integrated strategies are designed to drive balanced growth and value creation, focusing on consumer needs and market dynamics [37][38]
P&G(PG) - 2023 Q2 - Earnings Call Presentation
2023-01-20 04:51
Earnings Side title Release goes here SQub2tit lFe gYo e2s0 h2er3e iRf yeosu uneletds it INTEGRATED GROWTH STRATEGY WELL-POSITIONED FOR THE FUTURE PORTFOLIO PERFORMANCE DRIVES BRAND CHOICE SUPERIORITY ORGANIZATION TO WIN WITH CONSUMERS EMPOWERED • AGILE ACCOUNTABLE ...
P&G(PG) - 2023 Q2 - Earnings Call Transcript
2023-01-19 16:59
The Procter & Gamble Company (NYSE:PG) Q2 2023 Earnings Conference Call January 19, 2023 8:30 AM ET Company Participants Andre Schulten - Chief Financial Officer Jon Moeller - Chairman, President & Chief Executive Officer John Chevalier - Senior Vice President, Investor Relations Conference Call Participants Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Bryan Spillane - Bank of America Stephen Powers - Deutsche Bank Olivia Tong - Raymond James Chris Carey - Wells Fargo Securities Kaumil Gajr ...
P&G(PG) - 2023 Q2 - Quarterly Report
2023-01-18 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) x TrueQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 31, 2022 OR o FalseTRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to https://repor THE PROCTER & GAMBLE COMPANY (Exact name of registrant as specified in its charter) Ohio OH 1-434 31-0411980 (State of Incorpora ...
The Procter & Gamble Company (PG) Management presents at Morgan Stanley Global Consumer & Retail Conference (Transcript)
2022-12-06 15:48
The Procter & Gamble Company (NYSE:PG) Morgan Stanley Global Consumer & Retail Conference Call December 6, 2022 8:00 AM ET Company Participants Andre Schulten - CFO John Chevalier - SVP, Investor Relations Conference Call Participants Dara Mohsenian - Morgan Stanley Dara Mohsenian All right. Good morning, everyone. I am Dara Mohsenian, Morgan Stanley's household products and beverage analyst. I am thrilled to welcome you all here today back to Morgan Stanley's Global Consumer & Retail Conference. I am reall ...
P&G(PG) - 2023 Q1 - Earnings Call Transcript
2022-10-19 14:13
The Procter & Gamble Company (NYSE:PG) Q1 2023 Earnings Conference Call October 19, 2022 8:30 AM ET Company Participants Andre Schulten - Chief Financial Officer Jon Moeller - Chairman of the Board, President & Chief Executive Officer Conference Call Participants Steve Powers - Deutsche Bank Lauren Lieberman - Barclays Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Kaumil Gajrawala - Credit Suisse Rob Ottenstein - Evercore Nik Modi - RBC Capital Markets Kevin Grundy - Jefferies Christopher ...
P&G(PG) - 2023 Q1 - Quarterly Report
2022-10-18 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) x True QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2022 OR o False TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to THE PROCTER & GAMBLE COMPANY (Exact name of registrant as specified in its charter) Ohio OH 1-434 31-0411980 (State of Incorporation) (Comm ...
The Procter & Gamble Company (PG) 2022 Annual Meeting of Shareholders Transcript
2022-10-17 13:21
Summary of Procter & Gamble Company 2022 Annual Meeting of Shareholders Company Overview - **Company**: The Procter & Gamble Company (NYSE: PG) - **Date of Meeting**: October 11, 2022 - **Participants**: Jon Moeller (Chairman, President, and CEO), Andre Schulten (CFO), Susan Whaley (Chief Legal Officer), and other board members and executives Key Points and Arguments Financial Performance - **Fiscal 2022 Performance**: - Organic sales grew by 7% - Core earnings per share increased by 3% - Currency neutral core earnings per share rose by 5% - Adjusted free cash flow productivity was at 93% [20][21] - **Sales Growth**: - Sales increased by 13% over the last two fiscal years and by 19% over the last three years - All 10 product categories experienced organic sales growth [20] - **E-commerce Growth**: - E-commerce sales rose by 11%, accounting for 14% of total company sales [21] Shareholder Returns - **Value Returned to Shareholders**: Nearly $19 billion through $8.8 billion in dividends and $10 billion in share repurchases - **Dividend History**: - Quarterly dividend of $0.9133 per share declared, marking 132 consecutive years of dividend payments and 66 consecutive years of increases [19][21] Strategic Focus - **Integrated Strategies**: - Emphasis on a focused portfolio of daily use products, superior performance, and productivity to drive growth and value creation [23][24] - **Response to Inflation**: - Commitment to delivering superior value through product performance and pricing strategies to mitigate inflation impacts [39] - **Sustainability Initiatives**: - Integration of sustainability into product and supply chain innovations [31][33] Governance and Board Composition - **Board of Directors**: - 11 nominees for election, with 45% being women and 45% identifying as ethnically or racially diverse [12][13] - **Independent Auditor**: - Ratification of Deloitte and Touche as the independent registered public accounting firm received at least 94% support [36] Challenges and Market Conditions - **Operating Environment**: - Acknowledgment of ongoing operational cost and currency challenges, alongside inflation levels not seen in 40 years [23][51] - **Market Position**: - Stock price performance aligned with broader market trends, influenced by geopolitical situations and inflation [51][52] Community Engagement - **Disaster Relief Efforts**: - Deployment of products to assist Hurricane Ian victims, demonstrating commitment to community support [45] - **Social Responsibility**: - Focus on equality and inclusion, with efforts to support various social programs while maintaining business success [73][74] Additional Important Content - **Future Strategy**: - Plans to enhance supply chain resilience, digital capabilities, and employee value propositions to strengthen overall business performance [30][31] - **Consumer Education**: - Initiatives to educate consumers on product value and performance, particularly in the context of rising costs [39][59] - **Political Contributions**: - Clarification on P&G's bipartisan political action committee and its focus on long-term business interests [60][61] This summary encapsulates the key discussions and outcomes from the Procter & Gamble Company’s 2022 Annual Meeting of Shareholders, highlighting financial performance, strategic initiatives, governance, and community engagement efforts.
P&G(PG) - 2022 Q4 - Annual Report
2022-08-04 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark one) [x] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 TRUE For the Fiscal Year Ended June 30, 2022 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 False For the transition period from to Commission File No. 1-434 Cincinnati THE PROCTER & GAMBLE COMPANY OH One Procter & Gamble Plaza One Procter & Gamble Plaza, Cincinnati, Ohio 45202 45 ...