Proctor and Gamble
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Financial Health Analysis
Procter & Gamble
William Procter, who was a candle maker, met James Gamble, who was a soap maker, through their wives who happened to be sisters. Procter and Gamble started in 1837, in Cincinnati, Ohio, when William Procter and James Gamble took the suggestion of their father-in law named Alexander. (Procter & Gamble, 2006, p. 2) In 2005 Procter and Gamble climbed the ladder and became the tenth most valuable organization in the entire world. (Procter & Gamble, 2006, p. 9) Today, Procter and Gamble employs almost 127,000 employees in over 80 countries. (Yahoo!, 2010, p. 1) P & G’s Competitors include major organization such as Johnson & Johnson, Kimberly-Clark Corporation, Unilevel, and Colgate-Palmolive Company. (The Gale Group, Inc, 2006, p. 6)
The Procter & Gamble Company provides personal and household goods. The company offers cosmetics, deodorants, razors, personal cleansing, skin & hair care products, fragrances, laundry detergent, dish soap, batteries, paper products, snacks and pet food. Procter and Gamble makes some of the most trusted and highest quality brands on the market today. That list includes brands such as Tide, Always, Pantene, Pampers, Charmin, Crest, Iams, Head & Shoulders, Braun, Oral-B, Duracell batteries, Pringles, Folgers coffee, Gillette and many more well-known brands. (Procter & Gamble, 2006, p. 10) The company sells its products through retail operations, including mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons, and high-frequency stores. (Yahoo!, 2010, p. 1)
Upon review of the earning’s statements provided by Procter & Gamble, it seems as if this company has weathered the storm of the economic downturn the country and the world experienced in 2008 and 2009. Beginning in 2006, the net sales this company received was 68.22 billion dollars and the net earnings were 8.684 billion dollars. P&G had 3.112...
Procter & Gamble
William Procter, who was a candle maker, met James Gamble, who was a soap maker, through their wives who happened to be sisters. Procter and Gamble started in 1837, in Cincinnati, Ohio, when William Procter and James Gamble took the suggestion of their father-in law named Alexander. (Procter & Gamble, 2006, p. 2) In 2005 Procter and Gamble climbed the ladder and became the tenth most valuable organization in the entire world. (Procter & Gamble, 2006, p. 9) Today, Procter and Gamble employs almost 127,000 employees in over 80 countries. (Yahoo!, 2010, p. 1) P & G’s Competitors include major organization such as Johnson & Johnson, Kimberly-Clark Corporation, Unilevel, and Colgate-Palmolive Company. (The Gale Group, Inc, 2006, p. 6)
The Procter & Gamble Company provides personal and household goods. The company offers cosmetics, deodorants, razors, personal cleansing, skin & hair care products, fragrances, laundry detergent, dish soap, batteries, paper products, snacks and pet food. Procter and Gamble makes some of the most trusted and highest quality brands on the market today. That list includes brands such as Tide, Always, Pantene, Pampers, Charmin, Crest, Iams, Head & Shoulders, Braun, Oral-B, Duracell batteries, Pringles, Folgers coffee, Gillette and many more well-known brands. (Procter & Gamble, 2006, p. 10) The company sells its products through retail operations, including mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons, and high-frequency stores. (Yahoo!, 2010, p. 1)
Upon review of the earning’s statements provided by Procter & Gamble, it seems as if this company has weathered the storm of the economic downturn the country and the world experienced in 2008 and 2009. Beginning in 2006, the net sales this company received was 68.22 billion dollars and the net earnings were 8.684 billion dollars. P&G had 3.112...