Beverage giants appear to be losing their buzz. Investors are signaling deeper concerns despite steady profits. As GLP-1s and shifting health sentiments rise, the sector’s long-term resilience may be entering a new taste test.
Kraft Heinz’s recent quarterly earnings report posted year-over-year organic volume declines of 7.1% for the period. One potential culprit: the brand’s iconic Mac & Cheese brand is among their weakest performers, per management.
Beyond Meat is struggling financially, with significant losses, leading to a high likelihood of bankruptcy by 2027 due to $1 billion in convertible bonds coming due. Despite this, the stock retains some value due to the slim hope of a turnaround or debt restructuring.
What WK Kellogg has done in its first three quarters as a standalone business is both an important step in the right direction and a validation of a spin-off strategy, wrote FI’s resident stock analyst.
United Natural Foods stock is down 86% over the last ten years—getting squeezed by its customers—shares are now at a four-year low.
