Shares of Procter & Gamble Co (NYSE:PG) ended Friday session in red amid volatile trading. The shares closed down -0.01 points or -0.01% at $88.05 with 23.52 million shares getting traded. Post opening the session at $87.62, the shares hit an intraday low of $87.30 and an intraday high of $88.11 and the price vacillated in this range throughout the day. The company has a market cap of $231.84 billion and the numbers of outstanding shares have been calculated to be 2.67 billion shares.
On September 12, 2016 Pampers, the world’s leading diaper brand, is a proud sponsor of U.S. Olympic gold medalist swimmer and new mom Dana Vollmer, who earned a total of three medals at the Rio 2016 Olympic Games 17 months after the birth of her son. Vollmer won the bronze in the women’s 100 meter butterfly, set an American record with a silver medal in the women’s 4 x 100 meter freestyle relay and gold in the women’s 4 x 100 meter medley relay at her appearance at the Olympic Games since becoming a mom.
Pampers celebrates the milestones achieved by Vollmer, who along with her 4 x 100 meter medley relay teammates, brought home Team USA’s historic 1,000th gold medal in summer competition. Vollmer’s comeback also placed her in history as being the first mom to win gold in USA Swimming on the Olympic stage.
“We are proud to partner with Dana, who as a first-time mom and world-class athlete showed the world that you can be a mother and an Olympian. Her performance at the Olympic Games just 17 months after having a baby is inspirational,” said E. Yuri Hermida, vice president of North America Baby Care, P&G. “At Pampers we believe that achieving big dreams starts with a good night’s sleep, which is why we create outstanding diapers designed to help little ones stay dry and sleep comfortably through the night.”
Shares of GoPro Inc (NASDAQ:GPRO) ended Friday session in green amid volatile trading. The shares closed up +0.80 points or 5.65% at $14.96 with 17.46 million shares getting traded. Post opening the session at $14.66, the shares hit an intraday low of $14.51 and an intraday high of $15.07 and the price vacillated in this range throughout the day. The company has a market cap of $2.02 billion and the numbers of outstanding shares have been calculated to be 102.94 million shares.
GoPro Inc (GPRO) on July 27, 2016 announced financial results for its second quarter ended June 30, 2016.
Recent GoPro Highlights Include
- Since the May rebranding of Quik and Splice, these mobile apps have doubled their combined monthly active users to 3.7 million and doubled the amount of shared content each month. Combined, these apps have 37 million cumulative downloads.
- The GoPro Mobile App was downloaded 2.6 million times in the second quarter, totaling over 30 million cumulative downloads; Q2 installs of GoPro Studio was 1.5 million, totaling over 17.7 million cumulative installs, with average daily video exports up 15.3% year-over-year to over 43,500.
- According to The NPD Group’s Retail Tracking Service, GoPro accounted for 6 of the top 10 products, including the top 3 spots, on a unit basis in the digital camera/camcorder category in the U.S. in the second quarter. HERO4 Silver remains the best-selling digital image camera on a unit and dollar basis for the seventh consecutive quarter. By our estimate, Session continues to be the #2 best-selling camera on a unit basis.
- According to NPD, GoPro’s second quarter combined digital camera/camcorder unit share increased 110 basis points year-over-year to 21.3% in the U.S.
- According to GfK, GoPro’s second quarter digital imaging unit share in Europe increased 110 basis points year-over-year to 9.4%. GoPro accounted for 4 of the top 5 camcorders in Europe on a unit basis.
- Revenue was up 20% to $221 million sequentially, driven by an 8% increase in units shipped to 759,000 and an 11% increase in average selling price. On a year-over-year basis, average selling price increased 14%.
- Unit sell-thru was up approximately 10% sequentially and was more than 50% higher than sell-in for the second quarter in a row, resulting in an estimated 35% sequential reduction in channel inventory.
- Inventory declined $50 million, or 36%, from the first quarter to $90 million, our lowest inventory level since the second quarter of 2014.
“GoPro is well-positioned for the second half of the year. We now have a simple product line, a clean retail channel and clear indications of strong consumer demand,” said GoPro Founder and CEO, Nicholas Woodman. “HERO5 and Karma will contribute to the largest introduction of products in our history, all in time for what we believe will be GoPro’s most exciting fourth quarter, ever — a quarter where we expect to return to profitability.”