Share Nov 25, 2025 9:15 AM Eastern Standard Time P&G to Webcast Presentation From the Morgan Stanley Global Consumer & Retail Conference, December 2 CINCINNATI--(BUSINESS WIRE)--Andre Schulten, Chief Financial Officer of The Procter & Gamble Company (NYSE:PG) will be a featured speaker at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 2, 2025 at 8:45 A.M. Eastern Time (ET). About Procter & Gamble P&G serves consumers around the world with one of the strongest portfolios of trust ...

Core Viewpoint - Procter & Gamble (NYSE: PG) is considered a viable investment opportunity despite current market challenges, with a price-to-earnings ratio of 21 and a dividend yield of approximately 3% [1][2]. Company Overview - Procter & Gamble is a leading provider of branded consumer goods across various sectors, including beauty, grooming, health care, home care, and family care, with well-known brands such as Tide, Pampers, Gillette, Crest, Olay, and Febreze [2]. Market Context - Concerns exist regarding the consumer packaged goods sector, which is facing challenges such as high inflation and low growth, impacting stock performance [2]. - The current yield of Procter & Gamble is noted at 2.85%, with the company possessing the scale and innovation to reduce costs [2].

Group 1 - Procter & Gamble (NYSE: PG) is considered a stock with potential for investment, particularly when purchased at its 52-week low [1] - The current yield of Procter & Gamble is 2.87%, with a suggested strategy to buy shares in increments as the yield increases to 3%, 3.25%, and 3.5% [1] - The company produces a wide range of consumer goods, including personal care, grooming, health, fabric, home, and baby products under well-known brands such as Pantene, Gillette, Crest, Tide, Pampers, and Bounty [2] Group 2 - While Procter & Gamble is acknowledged as a viable investment, certain AI stocks are believed to offer greater upside potential and less downside risk [3]

Core Insights - Dividend Kings represent a select group of companies that have consistently provided shareholders with 50 years of dividend growth, demonstrating resilience through economic downturns and market volatility [1] - Not all Dividend Kings are currently considered good investment opportunities; some have stronger cash flows, more stable payout ratios, and higher yields, which are essential for investment decisions [2] Company Analysis - Procter & Gamble Company (PG) is highlighted as a Dividend King, known for its extensive range of consumer goods, including health, baby, fabric, home, beauty, and grooming products [6] - The company has a strong consumer presence, with popular products such as Pampers, Tide, and Crest, and recently launched the Forever Roll toilet paper, which features 1,700 sheets designed for convenience [7]

Group 1 - Procter & Gamble Co. reported fiscal first-quarter earnings and sales that exceeded analyst forecasts, driven by resilient consumer spending despite economic challenges [1] - The company posted net sales of $22.4 billion, reflecting a 3% year-over-year increase and surpassing Bloomberg's estimate of $22.19 billion [1] - Core earnings per share rose 3% to $1.99, exceeding expectations of $1.88 [1] Group 2 - P&G expects after-tax costs of approximately $400 million from U.S. tariffs in its 2026 fiscal year, a reduction from the previously projected $800 million [2] - The company has implemented price increases to offset tariff impacts, although volumes remained flat for the July–September period [2] - Organic sales in the Beauty segment increased by 6% year-over-year, driven by strong personal care pricing in North America and moderate growth in hair and skin care [2] Group 3 - The announcement comes amid renewed trade tensions between the U.S. and China, following President Donald Trump's decision to terminate talks with Canada [3]

Summary of Thermal Energy International Conference Call Company Overview - **Company**: Thermal Energy International (OTCPK:TMGE.F) - **Industry**: Energy efficiency and carbon emission reduction solutions - **Core Business**: Provides proprietary solutions primarily to large multinationals, including Fortune 500 companies, focusing on thermal energy efficiency and carbon emissions reduction [2][3][4] Key Highlights - **Profitability**: The company has been consistently profitable for the last three years, with a revenue growth of 41% over two years, reaching approximately $30 million in revenue [8][19] - **Market Focus**: Targets large, energy-intensive multinational companies, with 60% to 70% of business coming from the top 10 customers, who have around 1,000 sites worldwide [6][7] - **Energy Efficiency**: Claims to improve thermal energy efficiency from 50% to 90%, recovering about 80% of energy lost in typical steam or heat systems [5][4] Financial Performance - **EBITDA**: Experienced a slight dip in profitability in 2025 due to aggressive expansion costs, including a new manufacturing facility and the development of the Crest mobile app, costing about $800,000 [9][8] - **Net Income**: Remained positive at $160,000, with operating cash flow of $1.7 million for the last year and over $5 million generated in the last three years [9][10] - **Debt Management**: Successfully repaid approximately $4 million in long-term debt, with only $300,000 remaining as of May, expected to be cleared by January [10] Order Intake and Backlog - **Record Orders**: For Q1 ending August 31, the company reported $11.3 million in orders, four times the previous year and three times the average of prior years, leading to a record backlog of $24.5 million [11][19] Strategic Initiatives - **Sales Strategy**: Plans to develop indirect sales channels and promote standardized products through independent manufacturers' representatives, aiming to increase revenue and margins [12][13] - **Crest Mobile App**: Launched to streamline sales processes, enhance cross-selling opportunities, and improve data collection for better customer insights [16][18] - **Manufacturing Expansion**: Intends to establish Heat Sponge manufacturing in Europe to reduce shipping costs and improve efficiency [14] Market Opportunities - **Global Reach**: Identifies opportunities in various regions, including Asia, Africa, and Latin America, with a current focus on Europe and North America [23][24] - **Customer Stability**: 80% of business comes from food and beverage (60%) and pharmaceutical (20%) sectors, indicating a stable customer base with multiple projects per client [24][25] Future Outlook - **Growth Potential**: The company is in a strong position to continue growth with no debt, significant cash reserves, and a robust order backlog [19][10] - **Acquisition Strategy**: Open to acquiring complementary companies with revenues between $2 million to $20 million to enhance market presence and product offerings [31][32] Additional Insights - **Sales Team Structure**: Currently employs about 70 people, with 40% in sales, 40% in engineering, and 20% in administration and marketing [28] - **Project Development**: Larger projects typically have a longer sales cycle, with most revenue recognized in the second half of the fiscal year [29][30] This summary encapsulates the key points from the conference call, highlighting Thermal Energy International's business model, financial performance, strategic initiatives, and market opportunities.

Core Insights - Investing in the stock market is a viable strategy for long-term wealth accumulation, emphasizing the importance of patience, discipline, and investing in quality businesses [2] - Dividend-paying companies tend to outperform non-dividend payers while exhibiting lower volatility, making them attractive for investors seeking income and growth [3][8] Company Summaries - **Coca-Cola (NYSE: KO)**: - Coca-Cola boasts a strong global brand portfolio and extensive distribution network, operating in over 200 countries, which allows for steady cash flow generation [4] - The company has increased its dividend payment for 63 consecutive years, reflecting robust free cash flow and disciplined capital management [5] - Strategic expansion into low-sugar drinks, coffees, and energy beverages enhances growth opportunities while maintaining brand dominance [5] - **Procter & Gamble (NYSE: PG)**: - Procter & Gamble is recognized for its reliability in dividend payments, having paid uninterrupted dividends for over 135 years and increased them for 69 consecutive years [6] - The company's portfolio includes well-known consumer brands like Tide, Pampers, Gillette, and Crest, which provide consistent cash flow even during economic downturns [7] - Procter & Gamble converts over 90% of its earnings to free cash flow, enabling it to fund dividends and share buybacks without financial strain [7]

Core Insights - The Procter & Gamble Company (PG) is set to announce its fiscal Q1 earnings for 2026 on October 24, with a market cap of $357 billion and a diverse portfolio of well-known consumer goods brands [1] Financial Performance - Analysts predict PG will report a profit of $1.90 per share for fiscal Q1 2026, a decrease of 1.6% from $1.93 per share in the same quarter last year [2] - For fiscal 2026, PG is expected to achieve a profit of $6.99 per share, reflecting a 2.3% increase from $6.83 per share in fiscal 2025, with further growth anticipated to $7.42 per share in fiscal 2027 [3] Recent Stock Performance - Over the past 52 weeks, PG's stock has declined by 9.2%, underperforming the S&P 500 Index, which returned 17.9%, and the Consumer Staples Select Sector SPDR Fund, which saw a 3.4% decrease [4] - In its Q4 results reported on July 29, PG's net sales rose by 1.7% year-over-year to $20.9 billion, slightly exceeding consensus estimates, while net earnings increased by 15.3% to $3.6 billion [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for PG, with 11 analysts recommending "Strong Buy," 3 suggesting "Moderate Buy," and 11 advising "Hold," indicating a mean price target of $171, which suggests a potential upside of 12.1% from current levels [6]

Core Viewpoint - The Procter & Gamble Company is undergoing a significant restructuring and portfolio simplification to enhance growth amidst economic challenges and slowing sales [2][4]. Group 1: Restructuring and Job Cuts - The company plans to cut 7,000 jobs, approximately 6.4% of its global workforce, by mid-2027, focusing on non-manufacturing roles to improve productivity and resource allocation [2][4]. - This restructuring is in response to demands from activist investors for cost efficiency and a focus on core brands [2]. Group 2: Portfolio Streamlining - Procter & Gamble is streamlining its product lines, particularly in international markets, by reducing variety in certain categories and divesting slower-growing brands [3]. - The company is concentrating on core markets such as the U.S., China, Japan, Canada, and Western Europe, which show modest organic sales growth, while addressing underperforming "enterprise markets" [3]. Group 3: Financial Outlook - Analysts view Procter & Gamble as undervalued, with a 12-month price target of approximately $176, indicating a potential upside of 16% from current levels [4]. - Earnings per share (EPS) for fiscal 2026 is projected at $6.99, with stable revenue expected [4]. - The company's reputation for steady dividends and defensive characteristics makes it appealing in uncertain market conditions [4].

Core Insights - The article emphasizes the importance of investing in companies that dominate essential industries and consistently return cash to shareholders through dividends, rather than chasing hype-driven stocks [1][2] Group 1: Defense Sector - Lockheed Martin (LMT) offers a 2.7% yield supported by a reliable customer, the U.S. government, with its F-35 fighter program expected to generate predictable revenue into the 2070s, resulting in 6.6% annual dividend growth over the past five years [4][5] - The company's 73% payout ratio is backed by an $886 billion U.S. defense budget and increasing global military spending due to geopolitical tensions, making Lockheed's dividend one of the most secure [5] Group 2: Consumer Staples - Procter & Gamble (PG) yields about 2.8% and has a strong portfolio of essential consumer brands, maintaining a dividend payment for 134 consecutive years and raising it for nearly seven decades [6][7] - The company has achieved an average dividend growth of 6% over the past five years, with a forward payout ratio in the low 60s, demonstrating its ability to maintain margins during inflationary periods [7] Group 3: Energy Sector - ExxonMobil (XOM) provides a 3.4% yield, with a 56% payout ratio allowing for steady increases despite average dividend growth of 2.6% over the past five years [9][10] - The acquisition of Pioneer has solidified Exxon's position in the Permian Basin, while discoveries in offshore Guyana promise decades of low-cost production, contributing to the sustainability of its dividend [10] Group 4: Technology Sector - Nvidia (NVDA) has a minimal yield of 0.02%, but boasts a 20% annual dividend growth over five years from a low 1.1% payout ratio, indicating potential for significant future dividend increases [11][12] - The demand for artificial intelligence is creating unprecedented pricing power for Nvidia, which could lead to a substantial increase in dividends in the future [12] Group 5: Financial Sector - JPMorgan Chase (JPM) yields 1.9% and has grown its dividend by 8% annually over the past five years, maintaining a conservative 27.2% payout ratio [13][14] - The bank's diversified revenue streams provide stability through various economic cycles, positioning it well for continued dividend growth regardless of Federal Reserve policy [14] Group 6: Diversified Dividend Portfolio - The combination of ExxonMobil, Procter & Gamble, Lockheed Martin, JPMorgan, and Nvidia creates a balanced dividend portfolio, averaging a yield of 2.2% with an average payout ratio of just 46%, indicating potential for significant dividend growth [15][16]