Supplier insights news

With sales increasing 11% in the second quarter as the company benefitted from a sustained shift to at-home consumption and the recovery of demand from away-from-home customers, McCormick has increased its outlook for the full year. We look at how it plans to capitalise on some of the sector’s key trends to drive growth. Four key trends A decline in consumer segment sales of 2% was a strong...

Walmart and Kraft Heinz have partnered to launch 11 episodes focused on healthy, convenient meal solutions, across its shoppable interactive video hub, Walmart Cookshop. Walmart initially partnered with tech company eko in 2018 to develop original, interactive content to help the retailer develop more frequent and deeper engagement with its customers. The technology enables a new level of pers...

Although the net sales decline of 11% was in line with company expectations, Campbell’s faced increased margin pressure in the third quarter. We review how it plans to manage the impact of higher costs. Sticky consumer behaviours As the company cycled against the surge in demand at the start of the pandemic last year, it saw a significant impact on sales in Q3. However, 75% of its portfolio...

With the pandemic limiting peoples’ access to dental check-ups, they have had to rely on at-home oral care products to maintain their oral health. We explore five ways of how oral care brands have evolved their responses and strategies during the pandemic to help boost sales and transform the category to strengthen its prospects. 1. Transforming oral care into a premium beauty routine In ...

Speaking at its first Force for Good investor event, General Mills’ chief financial officer, Kofi Bruce, outlined how its force for good mission is being integrated across the organisation and plays an important role in driving long-term shareholder returns. Accelerate Strategy Being a force for good is a central pillar of General Mill’s ‘Accelerate Strategy’, along with boldly building bra...

After a strong first quarter, the Kellogg Company has raised its guidance for the full year, expecting sales growth to be flat, having previously forecast a small decline. Matching last year’s sales Following a record year in 2020, it is impressive that the company is expecting to match last year’s sales, which included the pandemic driven surge in demand. While it continues to benefit from...

Following a strong first quarter, with consolidated net sales up 12.7%, Hershey has raised its outlook for the full financial year. Having initially forecast sales growth of 2-4%, it now expects growth of 4-6%. Source: IGD Research 1. New at-home behaviours are forming new traditions Families continue to embrace the at-home lifestyle, with its brands central to game and movie nights...

Having delivered solid organic revenue growth of 3.8% in Q1, lapping the start of the surge in demand last year (2020 Q1: +6.4%), not only does Mondelez remain confident on the outlook for the full year, but believes it can accelerate its long-term growth rate. 1. Change of business focus unlocking investment dollars From a focus on costs and profit margins, it has switched to focus on top ...

Having delivered a strong first quarter, with net revenues up 5%, The Coca-Cola Company’s chairman and CEO, James Quincey, highlighted the continued uncertainty in the trading environment, driven by the different phases of the pandemic across different markets. Asynchronous recovery When the pandemic struck just over a year ago, most markets went into lockdown simultaneously. While the impa...

Having delivered a strong first quarter, we highlight 10 key facts we learnt from PepsiCo’s results and what they indicate about the post-pandemic environment. What we learnt? 1. Pandemic trends persist - large formats and ecommerce are continuing to perform well, benefitting from at-home consumption trends, supported by consumer-centric innovation. This aligns with the experiences of oth...