Procter & Gamble Co said it will discontinue its business in Pakistan, months after the company announced a global restructuring programme.The maker of Tide detergent and other household items will wind down manufacturing and commercial activities of P&G Pakistan, as well as its razors division Gillette Pakistan Ltd, the Cincinnati-based company said in a statement. It will continue to serve consumers from other operations in the region, it said.P&G had in June announced it would pare its portfolio of brand ...

The maker of Tide detergent and other household items will wind down manufacturing and commercial activities of P&G Pakistan, as well as its razors division Gillette Pakistan Ltd., the Cincinnati-based company said in a statement. It will continue to serve consumers from other operations in the region, it said.P&G had in June announced it would pare its portfolio of brands and slash as many as 7,000 jobs over two years as part of an operations overhaul. The company also lowered its guidance to reflect the ...

公司财务信息发布 - 宝洁公司将于2025年10月24日美国东部时间上午8:30网络直播其第一季度财报讨论 [1] - 媒体和投资者可通过官方网站 www.pginvestor.com 访问直播，直播内容将提供回放 [1] 公司业务概况 - 公司为全球消费者提供包括Always、Ambi Pur、Ariel在内的值得信赖的优质领导品牌组合 [1]

公司业绩与财务表现 - 宝洁公司连续69年提高股息，成为股息之王中的佼佼者 [1] - 第三季度财报公布后股价下跌3.7%，主要由于销量下降1%、价格仅上涨1%，净销售额整体下降2% [2][4] - 公司下调全年每股收益(EPS)指引，稀释后EPS增长预期从10%-12%降至6%-8%，核心EPS增长预期从5%-7%降至2%-4% [4][5] - 维持全年销售增长目标和资本回报计划，包括100亿美元股息支付和60-70亿美元股票回购 [4][14] 消费者需求与市场环境 - 消费者面临多重压力，包括市场波动、经济前景不确定、就业市场担忧、抵押贷款利率波动以及关税影响 [6][7] - 美国和欧洲的价值消费下降，零售客流量减少 [7][8] - 关税预计每年影响公司税前10-15亿美元，约占销售成本的3%，公司计划通过生产力提升抵消这部分影响 [8] 品牌优势与竞争策略 - 宝洁拥有多个知名品牌(如Ariel、Tide、Gain等)，通过多品牌策略和产品创新(如OxyBoost Power Pods)保持客户留存 [10][11] - 在洗涤剂和洗碗液等品类中，品牌矩阵使客户在不同价格带切换时仍能保留销售 [11][12] - 相比同行，宝洁拥有更高的运营利润率，能更好吸收关税带来的成本压力 [10] 估值与投资机会 - 当前股价仅比52周低点高3.3%，市盈率(P/E)降至25.6，接近10年中位数25.7 [15] - 股息收益率达2.6%，资本回报计划规模庞大且可持续 [14] - 短期股价可能承压，但长期投资逻辑未变，当前估值更具吸引力 [16][17] 产品创新与市场定位 - 本季度推出高端产品Tide OxyBoost Power Pods和中端产品Gain Odor Defense，强化产品线覆盖 [11] - 通过持续创新保持各价格带竞争力，例如Gain Odor Defense宣称提供40%更多清新感 [11]