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Procter & Gamble said on Tuesday a write-down of its Gillette business and lower price increases hampered its financial results. ... News. Science & Tech. Shopping. Sports. Weather ...
P&G reported a net loss of about $5.24 billion, or $2.12 per share, for the quarter ended June 30, due to an $8 billion non-cash writedown of Gillette. For the same period last year, P&G's net ...
Looking to show off a new razor, Procter & Gamble's Gillette brand will air an ad during the Super Bowl for the first time since 2006. Looking to show off a new razor, Procter & Gamble's Gillette ...
Gillette is an American brand of safety razors and other personal care products including shaving supplies, owned by the multi-national corporation Procter & Gamble (P&G). Based in Boston , Massachusetts , United States, it was owned by The Gillette Company , a supplier of products under various brands until that company merged into P&G in 2005.
In May 2019, Gillette released a video on Facebook, [15] as well as Instagram, [16] entitled "First Shave" as part of a follow-up campaign, #MyBestSelf, which features the story of a recently-transitioned trans man learning to shave from his father. The ad modified the Gillette slogan, this time by making it inclusive of gender identity.
Comet, a long-time P&G brand of cleanser is owned by Prestige Brands; Crisco (vegetable oil and shortening) sold to The J.M. Smucker Company then sold to B&G Foods; Crush/Hires/Sun Drop carbonated soft drinks (sold to Cadbury Schweppes in late 1980s) Dantrium sold to JHP Pharmaceuticals and SpePharm; Dash taken over by Dalli-Werke (dalli group ...
On average, P&G's annual organic sales grew 5%, annual core earnings-per-share grew 12%, and free cash flow productivity averaged 112% a year since 2001. [19] Further, during Lafley's tenure, the Company's market capitalization more than doubled, making P&G one of the five most valuable companies in the U.S. and among the 10 most valuable ...
P&G was one of the first mainstream advertisers on Spanish-language TV during the mid-1980s. [82] [83] By the late 1990s, P&G was established as the largest advertiser on Spanish-language media. [84] In 2008, P&G expanded into music sponsorship when it joined Island Def Jam to create Tag Records, named after a body spray that P&G acquired from ...