Going Places: Grab-and-Go Products Evolve
Grab-and-go food has undergone a transformation, as consumers demand options that rival restaurant fare – leading to explosive growth in deli-prepared meals and bakery products.
Tag: Conagra Brands
Packaged Foods Stocks Struggle with Inflation—and Investors
Packaged food stocks experienced a banner year in 2022. The five biggest manufacturers—General Mills, Kraft Heinz, Campbell Soup, Kellogg, and Conagra Brands—on average returned 22% including dividends. On the same basis, the Standard & Poor’s …
Investors Are Waiting for Consumers to Trade Down (or Not)
In the face of inflation, the U.S. consumer has shown impressive resilience. As a result, branded food manufacturers posted strong pricing-driven profit growth in 2022, and stocks in the sector rose sharply even in a …
COLUMN: Resilient Consumers Aren’t Going Anywhere – Yet
With price hikes easing and food company earnings strong, it appears resilient consumers aren’t going anywhere – yet.