Innovation Is P&G's Life Blood
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Greenberg V. Procter & Gamble
RECOMMENDED FOR FULL-TEXT PUBLICATION Pursuant to Sixth Circuit I.O.P. 32.1(b) File Name: 13a0203p.06 UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT _________________ In re: DRY MAX PAMPERS LITIGATION. X _____________________________________ - - - No. 11-4156 DANIEL GREENBERG, - > Objector-Appellant, , - ANGELA CLARK, et al., - - Plaintiffs-Appellees, - - v. - - - PROCTER & GAMBLE COMPANY; PROCTER & - GAMBLE PAPER PRODUCTS COMPANY; - PROCTER & GAMBLE DISTRIBUTING LLC, - Defendants-Appellees. - - N Appeal from the United States District Court for the Southern District of Ohio at Cincinnati. No. 1:10-cv-301—Timothy S. Black, District Judge. Argued: October 4, 2012 Decided and Filed: August 2, 2013 Before: COLE and KETHLEDGE, Circuit Judges; and THAPAR, District Judge.* _________________ COUNSEL ARGUED: Adam E. Schulman, CENTER FOR CLASS ACTION FAIRNESS LLC, Washington, D.C., for Appellant. Lynn Lincoln Sarko, KELLER ROHRBACK L.L.P., Seattle, Washington, for Plaintiffs-Appellees. D. Jeffrey Ireland, FARUKI IRELAND & COX P.L.L., Dayton, Ohio, for Defendants-Appellees. ON BRIEF: Adam E. Schulman, Theodore H. Frank, CENTER FOR CLASS ACTION FAIRNESS LLC, Washington, D.C., for Appellant. Lynn Lincoln Sarko, Gretchen Freeman Cappio, Harry Williams IV, KELLER ROHRBACK L.L.P., Seattle, Washington, for Plaintiffs- * The Honorable Amul R. Thapar, United States District Judge for the Eastern District of Kentucky, sitting by designation. 1 No. 11-4156 Greenberg v. Procter & Gamble Co., et al. Page 2 Appellees. D. Jeffrey Ireland, Brian D. Wright, FARUKI IRELAND & COX P.L.L., Dayton, Ohio, for Defendants-Appellees. KETHLEDGE, J., delivered the opinion of the court, in which THAPAR, D. J., joined. COLE, J. (pp. 15–16), delivered a separate dissenting opinion. -
Bloomsburg Investment Group
Bloomsburg Investment Group Equity Analysis The Procter & Gamble Company (PG) Analyst: Gerrick Hardy, Class of 2021 Trevor Luzi, Mackenzie Gross, Class of 2022 Bloomsburg Investment Group Opinion: After our group's thorough analysis, we believe it is in the best interest of the group if our holding in Procter & Gamble (PG) is partially liquidated. Although our group remains bullish about the company, we think taking some profits from PG's recent run-up and allocating funds elsewhere in the sector would be most beneficial. While the company has provided strong organic growth in each of the two previous quarters, a number of headwinds remain in the way which will likely restrict future growth. A stronger U.S. Dollar has essentially offset the organic revenue growth, and the rise in transportation costs and commodity prices has and will likely continue to squeeze the margins of PG. With consumer tastes trending towards less expensive generic brands, customers may not respond favorably to recent price increases of some of Procter & Gamble’s largest brands. Our sector believes PG is currently trading at a premium that will not be satisfied with future growth. Despite all of this, we are still bullish because of the high dividend yield that the company has increased for 62 consecutive years, wide array of brand offerings, and brand loyalty and recognition, among other factors. Considering cross-current risks that exist in the macroeconomic environment and the potential of an upcoming recession or economic downturn, Procter & Gamble will continue to provide stable growth and hedge our portfolio. Corporate Summary: Corporate Details: Name Procter & Gamble Co The Procter & Gamble Company, founded in 1837, is Ticker PG a global manufacturer and distributor of household Domicile United States goods. -
Ariel Egypt: from Market Penetration to Fierce Competition
205 Chapter 13 Ariel Egypt: From Market Penetration to Fierce Competition Ahmed Tolba American University in Cairo (AUC), Egypt EXECUTIVE SUMMARY This case study examines the past and present challenges facing Ariel, a long-time market leader in the detergent sector in Egypt whose market share has started to slip. In particular, it examines the market- ing strategies and performance of Ariel High Suds, which is witnessing a declining market share as well as a decline in the overall high-suds market due to fierce competition and the growing low-suds market in Egypt. INTRODUCTION “Ariel will always be the brand of the people that provides superior cleaning no matter what “Ariel ranks number one top-of-mind brand in happens in the market, thanks to 13 years of road Egypt, ahead of even Coke and Pepsi! That’s shows and events that have brought Ariel so close an incredible success story,” said Hany Farouk, to the hearts and minds of Egyptian consumers.” Ariel Egypt Brand Manager, beaming at Waleed Smiling, Azmy added: “And don’t forget that Azmy, Account Manager of Saatchi & Saatchi, Ariel was the pioneer in introducing the reality the promotional company of Procter & Gamble concept in its campaigns, and competitors are (P&G), and at Hamed Ibrahim, its General Man- just trying to replicate our ideas.” Farouk took a ager. Ibrahim nodded in satisfaction, saying: deep breath and added: “But we need to save the position of Ariel Hand Wash in the market. We DOI: 10.4018/978-1-60960-583-4.ch013 Copyright © 2011, IGI Global. -
To Download the Official Mail-In Rebate Form, Visit Pgmovienights.Com
Receive 1 adult and 1 child movie certificate to Disney·Pixar’s FINDING DORY by email or mail when you purchase $30 of P&G products in one (1) transaction from ShurSave or Family Owned Markets. Qualifying purchases must be made 5/6/16 through 6/30/16 To download the official mail-in rebate form, visit pgmovienights.com TERMS AND CONDITIONS: When you successfully redeem this offer as specified below, you will receive two reward codes redeemable for one (1) adult and (1) child movie certificate to see Disney • Pixar’s Finding Dory. P&G reserves the right to substitute the item offered with a new item of equal or greater value if it becomes unavailable for any reason. Mail in offer forms from a non-participating store will not be honored. To redeem this offer at any participating ShurSave or Family Owned Markets, purchase $30 of participating Procter & Gamble products: Aussie®, Bounce®, Bounty®, Camay®, Cascade®, Cheer®, Crest®, Dawn®, Downy®, Era®, Febreze®, Gain®, See store for official mail-in form. Gleem®, Glide®, Head & Shoulders®, Herbal Essences®, Ivory®, Joy®, Mr. Clean®, Olay®, Oral B®, Pantene®, Safeguard®, Scope®, Swiffer®, Tide®, Vidal Sassoon®. Non-participating products include: Braun®, Downy® Unstopables by Febreze, Gain® Flings, Tide® Pods, Vicks®, SHAVE CARE CATEGORY. Not valid for any Prilosec OTC product reimbursed or paid under Medicaid, Medicare, or any federal or state healthcare program, including state medical and pharmacy assistance programs, or where prohibited by law. Not valid in Massachusetts if any part of the product cost is reimbursed by public or private health insurance. Sales tax is not included towards $30 in purchased products. -
Second Time Moms & the Truth About Parenting
Second Time Moms & The Truth About Parenting Summary Why does our case deserve an award? In the US, and globally, every diaper brand obsesses about the emotion and joy experienced by new parents. Luvs took the brave decision to focus exclusively on an audience that nobody was talking to: second time moms. Planning made Luvs the official diaper brand of experienced moms. The depth of insights Planning uncovered about this target led to creative work that did a very rare thing for the diaper category: it was funny, entertaining and sparked a record amount of debate. For the first time these moms felt that someone was finally standing up for them and Luvs was applauded for not being afraid to show motherhood in a more realistic way. And in doing so, we achieved the highest volume and value sales in the brand’s history. 2 Luvs: A Challenger Facing A Challenge Luvs is a value priced diaper brand that ranks a distant fourth in terms of value share within the US diaper category at 8.9%. Pampers and Huggies are both premium priced diapers that make up most of the category, with value share at 31, and 41 respectively. Private Label is the third biggest player with 19% value share. We needed to generate awareness to drive trial for Luvs in order to grow the brand, but a few things stood in our way. Low Share Of Voice Huggies spends $54 million on advertising and Pampers spends $48 million. In comparison, Luvs spends only $9 million in media support. So the two dominant diaper brands outspend us 9 to 1, making our goal of increased awareness very challenging. -
1 1 2 2 for Questions Regarding Prices on Large Quantity Orders, Please
1 2 Dear Valued Customer, Over the past few months, we have seen considerable increases in the gas and toll prices. Over the past ten years we were fortunate enough to offer our loyal customers 2% off. While we do strive to manage cost wherever possible and to minimize any price increase to our customers. We find it necessary to remove this discount effective 05/01/2019. Our continuing goal is to deliver the best possible quality and service with the most favorable economics. This adjustment will allow us to maintain our current levels of standards. We understand price adjustments of any kind will affect your business, but we hope you appreciate the efforts we have made to minimize the impact. We are committed to maintaining the high quality of products as well as service you have come to expect. We thank you for your understanding. Should you have any questions or concerns, please do not hesitate to contact us. Sincerely, ReGo Trading For questions regarding prices on large quantity orders, please Terms and Conditions email or fax us a list of the items $1,000 minimum order for free delivery within the 5 boroughs of NY, NJ & PA. you are interested in along with Tailgate delivery only. quantities. We can order special- Freight charge of $75 for orders under minimum. ty items direct from all major Call for rates outside the NJ/NY area. manufacturers. Easy ordering: All sales are COD cash unless arranged in advanced. Phone, Fax, Online or We ship paper products or specials only equal amount of the other products. -
Procter & Gamble Ecosystem
The Procter & Gamble Company 1 Procter & Gamble Plaza Procter & Gamble Ecosystem Cincinnati, Ohio 45202 Phone: (513)-983-1100 www.us.pg.com Outside Relationships Outside Relationships The Procter & Gamble Company (Ohio Corporation) Securities Regulators Capital Suppliers Customers Regulation Customers Suppliers Capital Regulators and NYSE Bond Lenders Debt Structure Equity Structure Listing Rules Securities Financing Debt ($34.6 Billion as of 6/31/20) Credit Ratings (Senior Unsecured): AA- (S&P); Aa3 (Moody’s) Equity Convertible Class A preferred stock, stated value $1 per share (600 shares Regulators Bondholders Equity Working Capital authorized) Significant Short-Term Debt: $5B 2020 Maturity: $1.27zB @ 2022 Maturity: 3.37B @ 2024 Maturity: 1.46B @ Capital US Financing 2023 Revolving Credit 2020-2021 Maturity Remaining years (2026- Shareholders Commercial Paper Debt avg 3.08% avg 2.14% avg 0.58% Non-Voting Class B preferred stock, Class C Capital Stock Securities Commercial Foreign Currency, Facility ($4.0B; $0 (ESOP Notes): $119M 50): $10.98B @ avg Financing (Non- 2021 Maturity: 2.32B @ 2023 Maturity: 2.4B @ 2025 Maturity: 750M @ stated value $1 per share (200 shares (350M Shares Authorized; 340,979,832 Professional and Banks Cash Flow, and Drawn as of 12/31/19) @ avg 9.36% 3.14% Vanguard Interest Rate Outstanding as of 12/31/19) avg 1.85% avg 1.95% avg 2.55% authorized) Shares Outstanding) Services Firms Group (8.48%) Exchange Derivatives Commission SSgA Funds Hedging Ernst & Young Communications Finance and Operatons Professional Management New York Counterparties Governance Human Resources Corporate Matters (Auditing Services) Services (4.68%) Stock (e.g., Banks) Board of Directors Digital and Social Media Finance and Accounting Committees: Audit Talent Recruitment/Diversity Legal Exchange Jones Lang BlackRock Francis S. -
2006 Annual Report Financial Highlights
2006 Annual Report Financial Highlights FINANCIAL SUMMARY (UNAUDITED) Amounts in millions, except per share amounts; Years ended June 30 2006 2005 2004 2003 2002 Net Sales $68,222 $56,741 $51,407 $43,377 $40,238 Operating Income 13,249 10,469 9,382 7,312 6,073 Net Earnings 8,684 6,923 6,156 4,788 3,910 Net Earnings Margin 12.7% 12.2% 12.0% 11.0% 9.7% Basic Net Earnings Per Common Share $2.79 $ 2.70 $ 2.34 $ 1.80 $ 1.46 Diluted Net Earnings Per Common Share 2.64 2.53 2.20 1.70 1.39 Dividends Per Common Share 1.15 1.03 0.93 0.82 0.76 NET SALES OPERATING CASH FLOW DILUTED NET EARNINGS (in billions of dollars) (in billions of dollars) (per common share) 68.2 11.4 2.64 4 0 4 0 4 4 40 0 0 04 0 06 0 0 04 0 06 0 0 04 0 06 Contents Letter to Shareholders 2 Capability & Opportunity 7 P&G’s Billion-Dollar Brands 16 Financial Contents 21 Corporate Officers 64 Board of Directors 65 Shareholder Information 66 11-Year Financial Summary 67 P&GataGlance 68 P&G has built a strong foundation for consistent sustainable growth, with clear strategies and room to grow in each strategic focus area, core strengths in the competencies that matter most in our industry, and a unique organizational structure that leverages P&G strengths. We are focused on delivering a full decade of industry-leading top- and bottom-line growth. -
409 Carpet Cleaner 7Th Gen Wipes Refill 7Th Generation Dish Powder
409 Carpet Cleaner 7th Gen Wipes Refill 7th Generation Dish Powder 7th Generation Fabric Soft 7th Generation Laundry A Ben A Qui Scrubbing Cream A&H Carpet Fresh Powder A&H Clean Shower Ammonia Lemon Better Life Cleansing Scrubber Better Life Dish Soap Better Life Floor Cleaner Better Life Sage Citrus Lotion Better Life Tub/Tile Cleaner Better Life Wipes Peppermint Better Life Wood Polish BioKleen Bleach Alternative (powder) BioKleen Laundry (liquid) Bounce Sheets Cascade Action Pacs Cascade Gel Cascade Powder Citrus Magic Solid Citrus Magic Tropical Citrus Clorox Bleach 30oz Clorox Bleach 64oz Comet Bathroom Cleaner Comet Powder Dawn Dish Orig Liquid Dove White Bath Soap 2 Pack Downy Mountain Spring Easy Off Oven Cleaner Febreze X Strength 16.9oz Glass Plus Handmade VT Soap Irish Spring 3pack Ivory Snow Liquid 2X Joy Dish Soap Liquid Plumber Drain Cleaner Lysol Toilet Bowl Cleaner Method All Purpose Grapefruit Method All Purpose Lavender Method Dish Liquid Lemon Method Dish Soap Method Hand Wash PG MR Clean Magic Eraser Murphy Oil Soap Natures Miracle Stain/Odor Remover O-Cel-O Med 2 Sponges Pine Sol 24oz RESOLVE CARPET CLNR TRIGR Sanitizing Wipes Bathroom Shout Stain Remover Trigger SIMPLE GREEN CLEANER Soft Scrub w/ bleach Soft Soap With Aloe SOS Scrubber Heavy Duty SOS Soap Pads SPIC & SPAN CLEANER Static Guard 5.5oz Sun & Earth Stain Pen Sun & Earth Travel Kit Swiffer Cloth Refill Swiffer Duster Refill Tide HE 50 oz. TIDE LIQ ULTRA REG Tide Pods Original Tide to Go Toilet Duck Cleaner Windex Original . -
Vicks® Launches New Nature Fusion™ Line
VICKS® LAUNCHES NEW NATURE FUSION™ LINE Nature Fusion cough, cold and flu products offer the powerful symptom relief, plus real honey for taste Cincinnati, OH, August 11, 2011 – Procter & Gamble’s (NYSE: PG) Vicks brand announced today that it is launching Nature Fusion, a new line of over-the-counter cold, cough and flu relief products that combine powerful symptom relief with real honey for flavor. What inspired Vicks Nature Fusion? Research shows that consumers increasingly desire more natural and less artificial ingredients in their over-the- counter medications, so Vicks is answering the call with Nature Fusion, which joins the powerful science of symptom relief with the best of nature. Beginning with the original Vicks products launched in 1894 which contained Eucalyptus oils from Australia and menthol from Japan, Vicks has a long history of using ingredients inspired by nature. Now, Vicks is continuing this tradition by blending real honey for flavor in new Vicks Nature Fusion. “For more than 120 years, Vicks has helped people feel better by providing proven treatments to deliver effective relief from cold, cough and flu symptoms,” says Andy Cipra, Vicks Brand Manager. “Today, with the launch of Nature Fusion, Vicks is proud to offer the same powerful medicine now flavored with real honey.” Honey has often been favored as a flavor, but lately it has been getting even more buzz as consumers increasingly seek natural ingredients in the products they use. The addition of honey provides aesthetic properties such as flavor, sweetness and thickness. Nature Fusion is also free from alcohol and gluten. -
Sunbrella Stain Chart
AWNINGS care and cleaning One of the best ways to keep Sunbrella® fabrics Heavy cleaning for Applying 303 High Tech looking good and to delay the need for deep or vigorous cleaning is to hose fabrics off on a monthly stubborn stains and mildew Fabric Guard basis with clear water. This practice will help prevent dirt from becoming deeply embedded in the fabric Sunbrella fabric does not promote mildew growth, 303 should be applied to Sunbrella fabrics after each and eliminate the need for more frequent vigorous however, mildew may grow on dirt and other foreign thorough cleaning, which typically removes the original finish cleaning. In most environments, a thorough cleaning substances that are not removed from the fabric. To and reduces the fabric’s water repellency. will be needed every two to three years. clean mildew, or other stubborn stains: • Clean Sunbrella fabric, using one When it’s time for a thorough cleaning, Sunbrella • Eight ounces (1 cup) of chlorine bleach. of the cleaning methods. fabrics can be cleaned while still on an awning frame • Two ounces (1/4 cup) of mild • Allow Sunbrella to completely air dry. or, size permitting, they can be removed for cleaning soap and/or detergent. • Apply 303 Fabric Guard in a well ventilated in a washing machine. • One gallon of water. area following instructions on the container. • Clean with soft bristle brush. • Apply 303 in a thin, even coat and When cleaning Sunbrella fabrics, it is important to • Allow mixture to soak into fabric allow fabric to dry completely. observe the following: for up to 15 minutes. -
Inspection Copy Inspection Copy
INSEAD Harv ard Business School Procter and Gamble Europe: Ariel Ultra’s Euroband Strategy INSPECTIONNot For Reproduction COPY 05/2000-4816 This case was written by Professor Christopher A. Bartlett at Harvard Business School, Ph.D. candidate Alice de Koning at INSEAD, and Professor Paul Verdin Affiliate Professor at INSEAD and at Catholic University of Leuven as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright © 1999 INSEAD-HBS, France-USA. N.B. PLEASE NOTE THAT DETAILS OF ORDERING INSEAD CASES ARE FOUND ON THE BACK COVER. COPIES MAY NOT BE MADE WITHOUT PERMISSION. INSPECTIONNot For Reproduction COPY Harvard Business School INSEAD 1 One Sunday night in July of 1989, Claude Meyer and his delivery team for Ariel Ultra were on a train speeding from Brussels to Paris. They had spent 18 months developing P&G’s first compact laundry detergent for the European market, and now, as they were finalizing the details of a meticulously planned pan-European launch, they learned that Unilever was about to launch a similar product in France—two months ahead of P&G. Meyer, European Regional Vice President for laundry products, and his team were brainstorming responses to their longtime rival’s pricing tactics, package sizes, and a premium-niche marketing strategy, all of which differed significantly from P&G’s European plan. As the train sped towards Paris, they debated whether to change their approach to the French market to meet Unilever’s challenge, or continue with their original intention to implement a consistent Europe-wide strategy.