Supplier insights news

02 November 2020
Following a strategic investment in the company in 2017, Nestlé USA has acquired Freshly, a subscription-based meal delivery service. Removing the barriers to healthy eating Freshly is a weekly subscription service which delivers fresh, chef-cooked meals that can be heated and served in three minutes, directly to customers’ doors. Central to the company’s ethos is a focus on removing barrie...
29 October 2020
We look at how the Kellogg Company continues to benefit from more meals being consumed at home and its focus on retaining new households. Elevated demand moderating The business delivered a strong third quarter performance with organic sales up 4.5% and reported operating profit up 55.9%. While the demand for food-at-home remains at an elevated level, the rate of growth is moderating. Sales...
23 October 2020
We look at The Coca-Cola Company’s third quarter performance and its plans to discontinue around 200 brands globally. Away-from-home remains under pressure Net revenues declined by 9% to $8.7bn, reflecting the pressures it continues to face within the away-from-home segment. However, over the quarter, global unit case volume trends have improved from the volume decline of 25% in April, driv...
20 October 2020
Following a strong first quarter performance, P&G has increased its full year guidance for sales growth, helping to reset expectations for the year ahead. Strongest performance since the start of the pandemic First quarter organic sales growth of 9% was driven by volume growth of 7% and supported by pricing (1%) and mix (1%) improvements. This was the strongest quarterly growth delivered by...
06 October 2020
We look at PepsiCo’s strategic framework and how it’s using it to drive the potential of the business. Benefitting from at-home consumption trends The company delivered a strong third quarter, with net revenue up 5.3% and operating profit up 5.5%. Sales growth was led by its Frito-Lay and Quaker Foods divisions, benefitting from at-home consumption trends. It remains optimistic on its prosp...
30 September 2020
We look how McCormick is benefiting from the shift to more eating at home and some of the challenges its continues to face. New behaviours becoming ingrained As one of the leading global companies in the flavours and condiments categories, McCormick has seen a major shift in consumer behaviour due to the COVID-19 pandemic. Its internal data indicates that consumers are cooking more from scr...
24 September 2020
With the COVID-19 pandemic having provided “a once-in-a-generation opportunity to drive trial for our brands,” we look at how General Mills plans to retain its new customers. Net sales up 9.0% The company delivered a strong performance in Q1 with net sales up 9.0% to $4.4bn, and net earnings up 22.7% to $638.9m. It continues to benefit from elevated at-home demand, with expectations that it...
17 September 2020
In an unveiling a major transformation plan, Kraft Heinz is adopting a new strategy, approach and operating model. We highlight some of key changes it has planned, including a shift from a category approach to consumer-driven platforms. Scale and agility Having been appointed last year, Miguel Patricio, CEO, has undertaken a significant review of the business. This has enabled it to identif...
14 September 2020
Speaking at the Barclays Global Consumer Staples Conference earlier this month, Colgate-Palmolive’s chairman, president and CEO, Noel Wallace, outlined three strategies for the business as it navigates the pandemic. 1. Staying true to its core principles The company has launched several new initiatives to support consumers, retailer customers and communities. These include providing educati...
07 September 2020
As we transition out of the summer holiday period, in most geographies the COVID-19 pandemic has moved into a different phase. While latest trading updates from major CPG companies highlighted 12 broad areas of focus, five are being prioritised as companies adjust to the latest trading conditions. Uncertainty and volatility persist Although the virus path and nature of lockdowns continues t...