Reported 4 months ago
BofA Securities Senior Consumer Goods Analyst Bryan Spillane predicts that organic food sales may start flirting with negative growth due to changes in consumer behavior and lack of volume recovery. Spillane highlights a disconnect between macro data and consumer staples companies' performance, with volumes declining across sectors like packaged food, beverages, household products, and personal care, despite expectations for consumption growth. The article discusses the challenges companies may face in maintaining sales with declining volumes and the potential need for price adjustments to drive consumer interest.
Source: YAHOO