Supplier insights news

04 February 2021
In closing a strong year with organic sales growth of 6.3% in 2020, Hershey outlined how it’s planning to deliver net sales growth of 2-4% in 2021, especially given the tough comparables it will face in the first half. 1. Go big to win the seasons From Easter onwards, Hershey optimised its capabilities, particularly in supply chain and retail execution to make strong share gains with season...
02 February 2021
With a consumer and foodservice portfolio focused on flavourings, McCormick has been well-positioned to capitalise on the pandemic-driven growth in home cooking. We look at why it expects this to persist, even when the pandemic ends. Pandemic-driven demand Global demand for flavour remains the foundation of its sales growth. The business plans to continue capitalising on the switch to eatin...
02 February 2021
With a strong fourth quarter rounding off a great year, Colgate-Palmolive’s chairman, president and CEO, Noel Wallace, has outlined how investing in innovation, productivity and capabilities will enable it to build on the momentum of 2020 in the year ahead and beyond. Forecasting organic sales growth of 3-5% in 2021 For 2021, the company is planning for organic sales growth of 3-5%, with co...
28 January 2021
Walmart is rebranding its in-house media business, Walmart Media Group, to Walmart Connect, as it expands its focus across digital and physical platforms. Three focus areas Growing its media business is a strategic focus for Walmart as part of its goal to develop alternative revenue and profit streams. With over 150m weekly customers, Walmart Connect will aim to optimise the retailer’s phys...
26 January 2021
As one of the key CPG suppliers impacted by the pandemic, Kimberly-Clark has outlined its outlook for the year ahead and the three key levers which will underpin growth as it cycles strong comparable sales from 2020. Net sales growth of 4-6% in 2021 Fourth quarter sales increased 5.5% to $4.8bn, contributing to a solid year for the company, with full year sales up 3.7% to $19.1bn. During th...
22 January 2021
P&G reported a strong second quarter, reflecting pandemic-driven demand for its brands. Although there is a degree of uncertainty and volatility associated with its expectations for the second half, the business is confident that it will benefit from shifts driven by the COVID-19 pandemic. Sales guidance raised despite second half uncertainty Second quarter sales increased by 8%, driven by ...
11 January 2021
As one of the first major suppliers to report results in 2021, we review Conagra Brands’ second quarter performance and why it’s so confident that demand for its products will remain elevated. Sales and profits ahead of expectations The second quarter performance, with net sales up 8.1% and adjusted operating profit up 21.7%, exceeded the company’s expectations. The pandemic continues to dr...
10 December 2020
With the Campbell Soup Company off to a strong start in the first quarter, we look at the factors which provide it with the confidence that it can sustain its performance going forward. 1. Consumers continue to prepare and eat more meals at home With net sales up 7% and EBIT up 45%, the company continues to benefit from the impacts of the COVID-19 pandemic. Growth was strong across meals an...
24 November 2020
Following a solid second quarter performance, The J.M. Smucker Company has raised its guidance for the full year, anticipating many of the new consumer behaviours which have underpinned the business, will be sustained beyond the pandemic. Improvements in key metrics In raising its sales outlook, the retailer pointed to the elevated demand which drove a 9% increase in its coffee segment and ...
11 November 2020
PepsiCo has opened an automated micro-fulfillment centre (MFC) in the Chicago area in partnership with Dematic. First-mover advantage? PepsiCo is one of the first consumer goods suppliers to open a micro-fulfillment centre in the US. The fulfillment model has gained significant traction over recent years, with several strategic partnerships being formed to support the fast-growing grocery e...