P&G warns of a sharp rise in costs, but consumers keep buying
Procter & Gamble is seeing its raw material and transportation costs rise more sharply than expected due to high oil prices. Nevertheless, the American manufacturer of Pampers…
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
P&G Flags Bigger Hit To Annual Profit, Beats Revenue Estimates
Procter & Gamble warned of profit hit from higher commodity-related costs this year, even as first-quarter sales beat Wall Street estimates.
Procter & Gamble acquires dietary supplement manufacturer
Procter & Gamble, the American multinational primarily active in personal care and household products, is paying billions to acquire Thorne, a manufacturer of dietary supplements.
P&G Buys Supplements Maker Thorne For $3.8bn As Wellness Push Intensifies
Procter & Gamble is acquiring supplements maker Thorne for $3.8 billion in cash from LVMH-backed private equity firm L Catterton.
P&G Forecasts Slower Annual Sales Growth As Cost Headwinds Weigh
Procter & Gamble has forecast slower revenue growth in fiscal 2027 after quarterly sales fell short of estimates and margins dropped.
Procter & Gamble is treading water
Cheaper store brands are giving Procter & Gamble a hard time. The American multinational is seeing that demand for its branded products remains below par: this isn't the first…
JM Smucker snags Hershey exec as SVP of operations, supply chain
Douglas Guilherme will step into the role on July 29 with over 30 years of experience, including stints at the chocolate maker and Procter & Gamble.