In Q2 of 2022, Mondelez delivered exceptional results, increasing quarterly organic net revenue by 13.1% to $7.2 billion. The great news for Mondelez is that the maker of Oreo and Wheat Thins saw both price and volume increase by 8% and 5.1%, respectively. “Our core chocolate and biscuit businesses continue…

Coca-Cola management reported the company’s second quarter 2022 results this morning. The Atlanta-based sparkling beverage company grew organic revenue by 16% compared to the same quarter the year before. Management said that price/mix actions caused 12% of the growth-and attributed more than half of that to mix changes. …

Management at Conagra Brands said that in the next two quarters, it has more price increases planned even though price increases are beginning to impact volume materially. In Q4 of 2022, the maker of Slim Jims and Birds Eye frozen foods saw sales decline by 6.4%. …

J.M. Smucker Co. (SJM) wrapped up the 2022 fiscal year with good results, but analysts are skeptical that its COVID-19 era success is anything other than being at the right place at the right time. For the fourth quarter, the maker of Jif, Folgers and Uncrustables saw net sales increase…

The Hershey Company, one of America’s oldest and most profitable food companies, may finally experience private-label competition. Founded in 1894, the Pennsylvania-based food processor has experienced over a century of nearly unrivaled success. Today, Hershey owns about 43% of the American chocolate market, with second place Mars commanding about 25%…

This week management at Target and Walmart reported the worst earnings in recent memory, sending both stocks spiraling down. Shares of Target fell by 25%, while Walmart dropped by 11%. Despite the shock, the news may be a decent sign for the American economy, as the primary culprit is an…

Cereal is a troubled category, and increased costs are a challenge to consumers — Management at Post Holdings announced earnings last week, and things aren’t looking good for the St. Louis based consumer goods holding company. Net sales increased by 12.7%, but gross profit declined by 6.9% compared to the previous year. They’re bringing in more money, but making less profit. The primary cause…

If you’ve been paying attention to any branded consumer goods company’s COVID-era financial returns, you’ll notice a familiar refrain: Things are crazy, but overall, business is going great. Private label companies? Not so much. Nowhere is this more apparent than TreeHouse Food’s recent investor call. Before discussing the company’s financial…

The recent Keurig Dr. Pepper (KDP) earnings call focused on the popular industry topics of late: Supply chain disruptions, commodity inflation, and transportation shortages. With sales up almost 7%, the company is doing a solid job managing all three. There was one point in the Q&A that I found very…