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☆ P&G CEO Jon Moeller on Q3 results: A complicated but very encouraging picture
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailP&G CEO Jon Moeller on Q3 results: A complicated but very encouraging pictureP&G chairman, president and CEO Jon Moeller joins 'Squawk Box' to break down the company's quarterly earnings results, strength of the consumer, growth outlook and more.

Persons: Jon Moeller

☆ P&G's beauty sales hurt by an unlikely headwind: A wastewater release in Japan
▼ + stars: | 2024-01-23 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

While Japan and the United Nations' nuclear watchdog said the move was safe, China retaliated by banning all seafood imported from Japan. Chinese consumers followed with boycotts on Japanese brands, including P&G's SK-II, fearing that their products would be tainted by radiation. While the brand took a hit in the previous quarter, P&G executives said SK-II is already seeing sales turn around. "Our consumer research indicates SK-II brand sentiment is improving, and we expect to see sequential improvement in the back half," CFO Andre Schulten said on the company's earnings conference call. CEO Jon Moeller also reminded investors that previous tensions between Japan and China have hurt SK-II's sales, but the brand always bounced back.

Persons: Gamble, Andre Schulten, Jon Moeller Organizations: Procter, SK, United Nations, G's SK Locations: Greater China, Japan, —, China

☆ P&G CEO Jon Moeller on fiscal Q2 earnings: A very strong quarter overall
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailP&G CEO Jon Moeller on fiscal Q2 earnings: A very strong quarter overallP&G chairman and CEO Jon Moeller joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported mixed quarterly earnings and revenue for its fiscal second quarter of 2024.

Persons: Jon Moeller

☆ Watch CNBC's full interview with P&G chairman and CEO Jon Moeller
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with P&G chairman and CEO Jon MoellerP&G chairman and CEO Jon Moeller joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported mixed quarterly earnings and revenue for its fiscal second quarter of 2024.

Persons: Jon Moeller

☆ Here's what I'm watching to see where the market goes next after the S&P 500 record close
▼ + stars: | 2024-01-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

We don't know what we want. The rails are too significant to ignore even as the bond market seems to rely, I would say, wrongly, on the broader data. I think it's a factor of big money flows that aren't sensitive to what moves rates and don't mind being wrong. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Tesla, ServiceNow, Bill McDermott, Russell, —, Abbott, Gamble, Jon Moeller, Heels, what's, hasn't, Steve Jobs, Ray, Kimberly, Clark, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Union Pacific, CSX, Norfolk Southern, Federal Reserve, Silicon Valley Bank, Microsoft, Nvidia tacking, Google, Apple, Nvidia, JPMorgan Healthcare Conference, Abbott Laboratories, Investing, JPMorgan, Novartis, Walgreens Boots Alliance, Procter, Super, YouTube, Netflix, Vision, Pro, Jim Cramer's Charitable, CNBC, NYSE Locations: U.S, Silicon, San Francisco, Amgen, China

☆ Procter & Gamble tops earnings, revenue estimates even as higher prices drive some consumers away
▼ + stars: | 2023-10-18 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped analysts' expectations, despite volume falling for the sixth consecutive quarter. The company's organic revenue increased 7% in the quarter, helped by higher prices for P&G's products. But the company's volume shrank 1%. The company now projects revenue growth of 2% to 4%, rather than its prior forecast of 3% to 4%. P&G reiterated its full-year forecast for organic revenue growth, which strips out the impact of acquisitions, divestitures and foreign currency, and for earnings per share growth.

Persons: Jon Moeller, Gillette Organizations: Procter, Gamble, LSEG, Venus Locations: Compton , California

☆ P&G CEO Jon Moeller on earnings beat, consumer strength and inflation impact
▼ + stars: | 2023-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailP&G CEO Jon Moeller on earnings beat, consumer strength and inflation impactProcter & Gamble chairman and CEO Jon Moeller joins 'Squawk Box' to discuss the company's earnings results, which reported quarterly earnings and revenue that topped analysts’ expectations, the strength of the consumer, impact of inflation, and more.

Persons: Jon Moeller Organizations: Procter, Gamble

☆ How 5 companies are using pricing power to protect profits during high inflation
▼ + stars: | 2023-08-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

A select group of our Club holdings have recently demonstrated durable pricing power to protect profits during what continues to be a high inflation environment. For companies, elevated inflation means higher input costs — higher costs on the goods and services required to run their businesses. In a recent note, UBS acknowledged, "Inflation may trend back toward the Fed's target sooner than expected reducing the relative advantage of companies with pricing power." In fact, UBS believes that "companies with pricing power have the potential to outperform the broader market in the months ahead." Microsoft's pricing power comes down to the simple fact that they have positioned themselves as a core backbone of global productivity.

Persons: Andrew Bonfield, Jim Umpleby, we'll, Gamble, Gillette, Jon Moeller, Linde, Matthew White, White, Salesforce, Jim Cramer's, Jim Cramer, Jim, Procter & Gamble, Justin Sullivan Organizations: Federal Reserve, UBS, Caterpillar, Procter, Gamble, Linde, LIN, Microsoft, Construction Industries, Resource Industries, Energy, Transportation, Procter & Gamble, Health, Care, Investment, Management, Services Cloud, Cloud, Industries, CNBC, Procter & Locations: U.S, Australia, Canada, New Zealand, Greenbrae , California

☆ Watch CNBC's full interview with P&G CEO Jon Moeller
▼ + stars: | 2023-07-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with P&G CEO Jon MoellerP&G CEO Jon Moeller joins 'Squawk Box' to discuss the company's quarterly earnings results, the rest of the year's outlook, and more.

Persons: Jon Moeller

☆ P&G CEO Jon Moeller on earnings beat: Volume is coming along nicely
▼ + stars: | 2023-07-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailP&G CEO Jon Moeller on earnings beat: Volume is coming along nicelyP&G CEO Jon Moeller joins 'Squawk Box' to discuss the company's quarterly earnings results, the rest of the year's outlook, and more.

Persons: Jon Moeller

☆ Starbucks, Estée Lauder, Qualcomm: Global companies warn of slower-than-expected recovery in China
▼ + stars: | 2023-05-11 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Starbucks (SBUX) and Qualcomm (QCOM) have also flagged uncertainties related to the country, which is a top market for both. Beijing abandoned its zero-Covid policy in December and scrapped longstanding quarantine requirements for international arrivals in January, ending restrictions that had isolated its economy. The welcomed, if abrupt, policy U-turn led to hopes that China could help propel global growth as it had before the pandemic. The idea was that as soon as the zero-Covid policy would be over, the Chinese households and consumers would just go berserk. Starbucks warned last Tuesday that sales growth in China was starting to cool — and likely would continue that trajectory over the next six months.

☆ Watch CNBC's full interview with P&G CEO Jon Moeller on earnings
▼ + stars: | 2023-04-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with P&G CEO Jon Moeller on earningsP&G CEO Jon Moeller joins Squawk Box' to react to the company's Q1 earnings, which beat Wall Street's revenue and earnings estimates.

☆ Double-Digit Price Increases Bolster Profits at Procter & Gamble
▼ + stars: | 2023-04-21 | by ( Lora Kelley | ) www.nytimes.com time to read: +1 min

Procter & Gamble, a consumer goods bellwether, said that its profit grew in the first three months of the year after it raised prices 10 percent across its brands, the second consecutive quarterly double-digit increase. The company’s profit margin expanded in the quarter, with price increases more than offsetting the rise in what it paid for raw materials. In other words, Procter & Gamble made more money even though it sold fewer products. Sales volumes at the company have declined for the past four quarters. Jon Moeller, Procter & Gamble’s chief executive, said in a statement that the company delivered strong results “in what continues to be a very difficult cost and operating environment.”

☆ P&G CEO Jon Moeller on Q1 earnings
▼ + stars: | 2023-04-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailP&G CEO Jon Moeller on Q1 earningsP&G CEO Jon Moeller joins Squawk Box' to react to the company's Q1 earnings, which beat Wall Street's revenue and earnings estimates.

Organizations: & & '

☆ P&G, Constellation Brands see solid U.S. demand, even as prices rise — a key reason we're shareholders
▼ + stars: | 2023-02-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

Constellation Brands "Consumer demand for our products remains strong even in a challenging macro environment," Newlands said. Procter & Gamble Inflation continues to weigh on consumers and impact global sales volumes at P & G, CFO Andre Schulten said Thursday. P & G last month delivered solid fiscal second-quarter results , in part through raising prices by as much as 10% on some products. Constellation Brands, meanwhile, continues to demonstrate sustained demand for its leading beer brands. Trucks with Constellation Brands Inc. Corona and Modelo beer sit during a delivery in the Zona Rosa neighborhood in Mexico City, Mexico.

☆ Company outlooks so far paint a dreary 2023 earnings picture, BofA says
▼ + stars: | 2023-01-23 | by ( Scott Schnipper | ) www.cnbc.com time to read: +2 min

The early 2023 corporate earnings outlooks that companies are issuing alongside actual fourth-quarter results are deteriorating, Bank of America equity and quantitative strategist Savita Subramanian wrote in a report Sunday. As a result, S & P 500 earnings estimates for 2023 have already fallen 1% — but are 10% down from where they were at the peak in June 2022. "Early signs are troubling," with an in-house "S & P guidance ratio" falling into the 10th percentile, signaling that "corporate misery [is] rising." What's worse, analysts' estimates had already fallen 7% coming into the reporting period, Subramanian said. She noted the same disconcerting early earnings trend, headlining a report out on Monday with, "EPS Backdrop Continues To Soften."

☆ P&G CEO: We're seeing input costs rise but at slower rate than last year
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailP&G CEO: We're seeing input costs rise but at slower rate than last yearJon Moeller, P&G chairman, president and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, which headwinds impacted P&G the most and if Moeller expects inflation to trend lower.

☆ P&G CEO's upbeat take on the economy makes the consumer staples giant even more attractive in 2023
▼ + stars: | 2023-01-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Shares of Procter & Gamble were trading down 0.6% midday Thursday, at $144.63 apiece. Bottom line Moeller offered a welcomed upbeat take on the economy and P & G's potential for growth in 2023. P & G remains a stock we prefer amid economic uncertainty, as its consumer products are essential in any economic environment. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. In this photo illustration a Procter and Gamble logo seen displayed on a smartphone with stock market percentages in the background.

☆ P&G's uneventful quarter and guidance overshadows compelling execution in a tough environment
▼ + stars: | 2023-01-19 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Club holding Procter & Gamble (PG) reported fiscal second-quarter results largely in line with expectations before the opening bell Wednesday. During the December quarter, management returned roughly $4.2 billion to investors via $2 billion share repurchases and another $2.2 billion via dividends. Guidance Management raised their fiscal year 2023 sales guidance, now expecting sales to be in a range of down 1% to in-line. On the bottom line, management reaffirmed EPS guidance to be in line to up 4% versus fiscal 2022 earnings of $5.81 per share, better than the 0.3% growth the Street has been modeling. We made a table (see above) of the reported numbers versus estimates and how each line item compares to the year-ago quarter and the prior fiscal quarter.

☆ Environmentalists ask SEC to examine P&G's wood pulp supply chain claims
▼ + stars: | 2022-11-30 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: +2 min

The advocacy group wrote that P&G's claims could be materially misleading to investors because the company sources from pristine forests and from areas that are habitats for caribou. P&G annually purchases more than one million metric tons of wood pulp, which comes from trees, to makes Charmin toilet paper, Bounty paper towels and Puffs tissues. NRDC wants the SEC, the main U.S. markets regulator, to consider appropriate enforcement action or require P&G to update its statements to investors. The environmental group also said that P&G's claims are concerning because some investors take into consideration how the company ranks compared to its peers on its environment-related actions. NRDC also said that P&G is overly reliant on third-party certifications for the sustainability of its wood pulp supply chain.

☆ Procter & Gamble earnings beat expectations on the top and bottom line
▼ + stars: | 2022-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailProcter & Gamble earnings beat expectations on the top and bottom lineJon Moeller, Procter and Gamble chairman, president and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, if Moeller is lowering any sales guidance and more.

☆ P&G’s pricing power hangs by a floss
▼ + stars: | 2022-10-19 | by ( Amanda Gomez | ) www.reuters.com time to read: +3 min

Third-quarter earnings show a company whose pricing power is hanging on by a piece of floss. That suggests people are about to ditch some of their few remaining small joys, even when it comes to necessary goods. The $300 billion consumer goods company led by Jon Moeller said on Wednesday that net sales increased 1% to $20.6 billion, and much of that increase came from jacking up prices. It suggests that the Cincinnati-based company is maintaining some pricing power. Follow @alpgomez on TwitterCONTEXT NEWSProcter & Gamble on Oct. 19 reported net sales of $20.6 billion for the quarter ended Sept. 30.

☆ P&G's pricing strategy saved the quarter, but the dollar's strength could ruin the year
▼ + stars: | 2022-10-19 | by ( Robert Hum | ) www.cnbc.com time to read: +3 min

The price hikes were enough to bring P & G's gross margin of 47.4% above StreetAccount estimates of 46.7%, despite the year-over-year decline. Let's take a deeper dive into P & G foreign exchange problem to better illustrate what's going on. It was a 3 percentage point headwind six months ago in P & G's third quarter and a 4 percentage point headwind in the fourth. P & G is yet another company that is indicating that analyst estimates are too high. The currency issue has basically created another headache for global companies like P & G. A big question will be whether P & G will evaluate further price hikes to mitigate the strong dollar's impact on financial performance.

☆ P&G CEO and chairman, corporate directors re-elected to board after 'vote no' challenge
▼ + stars: | 2022-10-11 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: 1 min

NEW YORK, Oct 11 (Reuters) - Procter & Gamble Co (PG.N) shareholders re-elected with more than 90% support the consumer goods company's CEO and chairman and all of its current directors to the board at its virtual annual meeting on Tuesday. Environmental non-profits had urged shareholders to vote against CEO Jon Moeller as chairman of the board, preferring an independent chair instead, and also opposed two directors, Angela Braly and Patricia Woertz. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Jessica DiNapoli in New YorkOur Standards: The Thomson Reuters Trust Principles.

☆ P&G CEO and chairman, corporate directors re-elected to board after challenge
▼ + stars: | 2022-10-11 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: +2 min

Environmental non-profits had urged shareholders to vote against CEO Jon Moeller as chairman, preferring an independent chair instead, and also opposed two directors, Angela Braly and Patricia Woertz. The non-profits said that Cincinnati-based P&G has taken "insufficient action" to deal with the risks related to deforestation. Some investors such as the New York State Common Retirement Fund and New York City pensions backed the environmentalists' efforts. Moeller said that P&G has products like Tide Pods at multiple price points, spanning from a Tide Power Pod at 50 cents to a Tide Simply Pod at 20 cents. More than 100 shareholders attended the virtual meeting, Moeller said.

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