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Eric Gardner
Eric Gardner

305 Followers

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Feb 20

After the plant-based protein market collapses, Kellogg’s will no longer divest Morningstar.

What to know In 2018, Kellogg’s refocused its Morningstar Farms brand around plant-based protein. Originally, Morningstar Farms offered breakfast meats and chicken nuggets, but by 2021, the brand’s offerings were 86% plant-based. “We like the sustained growth and potential for this brand,” Sara Young, the Kellogg VP in charge of the brand, told…

Business

4 min read

After the plant-based protein market collapses, Kellogg’s will no longer divest Morningstar.
After the plant-based protein market collapses, Kellogg’s will no longer divest Morningstar.
Business

4 min read


Feb 6

Despite higher prices Mondelez, the maker of Oreos, is the rare CPG company selling more.

Thanks to five years of strategic acquisitions, Mondelez sells more units at higher prices. What to know After two years of price increases-on everything from toothpaste to cookies — consumers may have reached their limit. Early in the pandemic, most manufacturers’ sales volume stayed roughly the same-despite higher shelf prices. …

Brand

4 min read

Despite higher prices Mondelez, the maker of Oreos, is the rare CPG company selling more.
Despite higher prices Mondelez, the maker of Oreos, is the rare CPG company selling more.
Brand

4 min read


Jan 6

Time for some margin expansion. Conagra Brands starts 2023 off hot.

Conagra Brands, which owns frozen meal mainstays Hungry Man and Birds Eye, posted incredible earnings-in what could be a common theme for American food processors. What to know Inflation sent a shockwave through the American food industry. Most food manufacturers were able to pass most of the added costs through to American consumers…

Business

3 min read

Time for some margin expansion. Conagra Brands starts 2023 off hot.
Time for some margin expansion. Conagra Brands starts 2023 off hot.
Business

3 min read


Jan 2

The Optimization Imperative: Understanding Procter and Gamble’s New Strategy

The story of how Procter and Gamble became one of the most profitable consumer goods companies is a perfect case of a strategy aligned with execution: Conduct extensive market research to determine consumer problems Use the research to develop everyday products that solve the problems Manufacture the products at scale …

Business

6 min read

The Optimization Imperative: Understanding Procter and Gamble’s New Strategy
The Optimization Imperative: Understanding Procter and Gamble’s New Strategy
Business

6 min read


Dec 7, 2022

Dollar General conquered rural America. Now it’s eying on grocery and home goods.

Despite short-term profitability issues, Dollar General’s transformation into grocery and home goods is moving forward. What to know In the last two decades, Dollar General spread like wildfire throughout America. It’s used a basic strategy to transform itself from a mid-south operator into the 17th largest retailer in America. Lower real estate costs…

Retail

3 min read

Dollar General conquered rural America. Now it’s eying on grocery and home goods.
Dollar General conquered rural America. Now it’s eying on grocery and home goods.
Retail

3 min read


Nov 29, 2022

After years of price increases, J.M. Smucker boosts sales guidance

J.M. Smucker management raised its full-year sales guidance after competitors followed their coffee price increases. What to know Despite being famous for its namesake spreads and jams, J.M. Smucker is predominantly a company that manufactures coffee and pet food. The two categories combine to comprise 70% of the company’s yearly sales and generate…

Brands

3 min read

After years of price increases, J.M. Smucker boosts sales guidance
After years of price increases, J.M. Smucker boosts sales guidance
Brands

3 min read


Nov 29, 2022

Dollar Tree Announces a Push Into Private Label

Dollar Tree management embraces private label after inflation lowered margins at Family Dollar. What to know Private label is a major margin driver across the retail landscape. According to Numerator, nine of the top ten retailers who offer private label products have increased their market share throughout the pandemic. …

Business Strategy

3 min read

Dollar Tree Announces a Push Into Private Label
Dollar Tree Announces a Push Into Private Label
Business Strategy

3 min read


Sep 2, 2022

Campbell’s management signals that promotions can help maintain their soup monopoly

Campbell Soup Co.’s margins stayed relatively stagnant as unit sales continued to decline, while high prices ensured the company posted a topline revenue of $2 billion for the quarter. Treading water in a difficult environment suggests that management and labor at Campbell’s are doing a solid job. The New Jersey-based…

Retail

3 min read

Campbell’s management signals that promotions can help maintain their soup monopoly
Campbell’s management signals that promotions can help maintain their soup monopoly
Retail

3 min read


Aug 12, 2022

Utz Brands uses a fast follower strategy to grow sales

Utz Brands, the Pennsylvania-based company behind Utz and ON THE BORDER chips, delivered record net sales this quarter. During Q2 2022, Utz produced net sales of $350m, an with organic sales increasing 13.6% from the prior year. Most impressive, the company grew its category share. For the 13 weeks ending…

Retail

3 min read

Utz Brands uses a fast follower strategy to grow sales
Utz Brands uses a fast follower strategy to grow sales
Retail

3 min read


Aug 11, 2022

Lancaster Colony reports a poor Q3, but it has good problems

Lancaster Colony reported poor earnings in Q3 of 2022. Sales increased about 13% for the quarter, but gross profit declined by $22 million. The Ohio-based company, most known for its Marzetti salad dressing brand, faced a perfect storm of negative headwinds. Rampant commodity inflation, combined with a reliance on co-brands…

Business

3 min read

Lancaster Colony reports a poor Q3, but it has good problems
Lancaster Colony reports a poor Q3, but it has good problems
Business

3 min read

Eric Gardner

Eric Gardner

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www.slottingfee.com

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