CG: Activist Investor Ramps Up Pressure on Procter & Gamble
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 15 August 2017
⏱️ 27 minutes
🧾️ Download transcript
Summary
For several years, Procter & Gamble has been spinning off low-priority brands and cutting costs to streamline its business. But with little to show for those efforts, billionaire Nelson Peltz wants a seat at the table. Meanwhile, a slow summer blockbuster season is taking a major toll on theater operators.
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:07.0 | I'm your host Vincent Shen and it's Tuesday, August 15th. |
| 0:10.0 | On the docket for this episode is an activist investor putting pressure on a major |
| 0:14.5 | consumer products giant and we'll also look at some trends from the box office as the |
| 0:18.0 | summer blockbuster season winds down and how that's affecting some companies in |
| 0:22.1 | the industry. |
| 0:23.0 | Joining me today via Skype is Senior Fool.com contributor Acid Sharma. |
| 0:27.5 | Hey Acid, thanks for being here. |
| 0:29.5 | Hey Vince, as always, it is great to be with you. |
| 0:33.0 | Yeah, we have two really good topics, I think, today to talk about the first one. |
| 0:39.3 | It's always interesting, I think, to see how activist investors and major shareholders and kind of influenced the goings |
| 0:47.5 | on at a company. |
| 0:48.6 | So let's set the stage for our first story. |
| 0:50.7 | The major consumer products company I mentioned earlier is none other |
| 0:54.4 | than Proctor and Gamble, Taker PG, obviously $230 billion behemoth that's had a, that has a very impressive |
| 1:02.1 | portfolio of leading household brands including Old Spice, Crest, |
| 1:05.8 | Tide, and Pampers. |
| 1:06.8 | So for any fools who don't follow this company, it's important to know that even though Procter and Gamble |
| 1:11.3 | boasts about 65 brands right now, that's after the company divested itself |
| 1:16.2 | of a hundred others in a multi-year effort to kind of streamline the business. |
| 1:22.0 | And if you look back 20 or 30 years, PG has been a very good |
| 1:26.0 | stock for investors with market-beating returns and that includes the legendary dividend and I say |
... |
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