United N a t u r a l
Foods' slowdown 

Ex-Staples ceo "Natural Foods
strongest growth segment"

United Natural Foods (UNFI) the US#1 broadline foodservice wholesaler continued flat in Q4'26. “We continued strengthening commercial and supply chain capabilities to better serve our partners, said ex-Staples ceo Sandy Douglas.Full analysis here, first 

H y g i e n e  supply
leaders less healthy

Volumes in decline. Prices up!
Who is winning mkt share?

Hygiene, Foodservice & Packaging (HyPac) is the #1 business supply category alongside tech. Progressive business suppliers have pivoted into hygiene and wellness services. Proficiency Index Q2'26 reports analysis to date: CEO's seem complacent, lacking transparency by not splitting lower volumes from higher prices; denying soft consumer demand v WallSt AI Bubble euphoria? Updated full analysis here, first:  Aramark, OptiGroup, Sappi, Smurfit, Rentokil-Initial, Bunzl, Brady and ABM industries. Complete!

A B M's  C l e a n
progress steadies

Hygiene facility services
lifts in hybrid office work

ABM Industries the $9Bn leading US FM services provider reported continued growth momentum in Q3'26. CEO Scott Salmirs commented "Aviation and Manufacturing & Distribution delivered strong organic growth, boosted by the WGNSTAR acquisition.  Full analysis here, first

C D W Captures
D a t a  integrator

Plan: "accelerate AI adoption
drive strong mission results"

CDW the leading $25Bn in sales, international provider of IT solutions plans to acquire a Databricks partner, to help transform data for customers’ growing use of AI. "Together, we will help organisations turn data into a strategic asset" commented ceo Chis Leahy. Full story here, first

BIC: B a l o n e y
Infused Claptrap?

Plan: "Penetrate, simplify &
adapt locally to fuel growth"

BIC outlined its strategic roadmap to 2030 with an ambition to reignite growth via value creation. 'BIC to the Future' relies on a more focused portfolio across four major categories, stronger market execution and brand investments. CEO Rob Versloot said  "We want to make BIC top of mind across markets". Good luck given stationery's -40% demand demise and lost consumer interest. Full story here, first...

Suzano suffer price
+ volume pressure

Pulp & Paper volumes down.
Higher pulp prices soften hit

Suzano the Brazilian based pulp and paper producer, reported recovering sales volume and huge pulp price increases  CEO Beto Abreu commented on falling demand trends and lower pricing pressures.  Full results analysis here, first...

Modella murders
WHSmith legacy

Vulture to close no-stock.

no service, soulless stores?

Vulture capitalist Modella who killed Staples retail in the UK are at again. Last year it acquired 480 WHSmith stores, renamed them with an anonymous TGJones tag, then closed 150 and starved the rest of stock and servers; then sought vendors credit support, looks like its headed for bankruptcy.. Full story here, first...

Rentokil's Initial 
services clean up

Global pest control giant's
ancillary business stronger

Rentokil Initial the $7Bn in sales, international pest control leader revenues normalised in H1'26. Initial, Its hygiene, wellness and workwear division (20% sales) perfomed better in line with competitors like Cintas, Aramark as corporate offices returned slowly" ceo Mike Duffy commented. Full analysis here, first

Brady building
organic growth

IPS acquisition deal
enhances the ID portfolio

Brady Corp. $1.6Bn in sales, identification & workplace safety specialists, reported strong demand in Q4'26. New ceo Vineet Nargolwala commented “We closed the IPS acquisition enabling a more global industrial tech ompany” Report analysis here, first... 

H P E: H y p e d 
Progress finally!

Growth recovers exc.Jupiter
Lost share v Dell/Lenovo

Under activist pressure HP Enterprise's complacent ceo Antonio Neri reported stronger sales volumes in Q3'26, boosted by acquisition Juniper revenues and higher prices. The primary boost came from AgenticAI & servers. Market cap up +100%+ YTD on takeover speculation; but sales down -50%+ since 2016? Report analysis here, first