Procter & Gamble Company
Procter & Gamble Company
Sector: Industrial
Description
Procter & Gamble Co is a multinational firm engaged in the manufacturing and marketing of consumer goods. It is reportedly a global leader in fast-moving consumer goods (FMCG) industry.
The company develops and produces a wide range of consumer goods, such as consumer health products, personal health care, hygiene goods, everyday use items, etc.
Procter & Gamble Co operates through different units for individual categories of products, including beauty, grooming, health care, fabric & home care, baby care, feminine & family care products.
Beauty Segment: The company engages in manufacturing various beauty and wellness products, including hair care, skin and personal care products. Some of the hair care brands include Rejoice, Herbal Essences, Pantene, Head & Shoulders, etc.
Grooming Segment: This segment provides grooming products for both men and women, such as shaving blades, pre-shaving products, after-shaving products, and related accessories. Braun, Venus and Gillette are the brands under this segment.
Health Care Segment: Procter & Gamble manufactures and markets oral care products like toothpaste, toothbrush, mouth freshener, etc., through the third segment. In addition, this unit also manufactures personal care products, such as supplements, vitamins, minerals, and products related to rapid diagnostics, respiratory, gastrointestinal, etc.
Home Care and Fabric Segment: The firm manufactures home products, including laundry products and detergents, fabric enhancers, air fresheners, dishwashers, surface cleaners, etc., through this unit. Fabric care brands include Ariel, Downy, Gain and Tide.
Baby Care, Feminine, and Family Care Segment: This segment comprises baby care products, such as diapers, baby wipes, pants; adult incontinence products, feminine care products, toilet papers, paper towels, tissues, etc.
Founder James Gamble and William Procter signed a partnership agreement and established the company on October 31, 1837. Hence, the name Procter & Gamble.
The consumer goods manufacturer provides several products through more than 30 brands, including:
• Gillette
• Bounce
• Crest
• Pampers
• Puffs
• Old Spice
• Tide
• Swiffer
• Pepto Bismol
In addition, Cascade, Dawn, Fairy, Febreze, Mr. Clean, Swiffer, etc., are brands providing home care products.
Procter & Gamble Co has a global presence in around 170 countries. However, the firm claims to have the largest market in the United States.
It is listed on New York Stock Exchange and trades under the ticker 'PG'.
The global manufacturer was reportedly among Best Employers for New Grads in 2021. In addition, it claims to be among Forbes Global 2000 and America's Best Employers list for 2021.
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