46 stories from 14 sources
The week in Consumer Packaged Goods
Click on a headline to see stories that shaped it.
Threads
3 threads
Weak spending, trading down and competition pressure moved from sales concerns to concrete restructuring, with Campbell cutting its dividend and launching savings while Tyson reduced forecasts and planned beef capacity cuts. A sales miss and competition fears in other categories show the pressure extending beyond those two companies.
Wella’s public-offering story progressed from a filing to disclosed fiscal results showing $2.9 billion in sales, 9.2% growth and a return to profitability. The filing now gives KKR a potential exit while testing whether the recovery can attract public investors.
Milky Mist’s strong quarterly revenue and profit growth was reinforced by plans to extend capacity, expand beyond South India and build protein and whey businesses. The repeated results point to a shift from operating improvement toward broader category and geographic expansion.
Day’s Recap