WFH Winners
Amazon's amazing 40% growth to reach $10Bn in business supplies during the Covid quarter exposed the huge deficiencies in service levels from traditional OP dealers. Amazon became the default 'first call' supplier for 'Everything WFH supplies'. In spite of its dominance, many responsive progressive dealers pivoted powerfully to the new immediate market standards. We highlight the winners....Updated
Less means more
There's no doubt after 5mos of Covid lockdown & 'WFH' that future trends have been brought forward. Consider the acceleration in technology use by all ages: MCommerce, less commuting, Zoom meetings & conferences; hygiene, safety, health & wellness awareness; protective packaging. Moreover the shift towards a greener more sustainable world. We discuss the trends. Updated
Print/papermakers
Most leading OP, Paper & Print makers reported severe sales declines in Q2'20. Printer Paper demand is down 60%+ since 2008; another -30% in Q2;the shift to hygiene and packaging is huge. We analyse Q2 results. Updated today for Domtar
Deceitful Depot
Newly named ODP Corporation (ex-Office Depot-OfficeMax), sank at a deepening rate in Q2'20. OP core sales were crushed with hygiene essentials in retail & online softening the decline. We analyse CEO Gerry 'Smudger' Smith's hollow & misleading commentary and update on the 'white knight' life saver.
Will SPR investors
After many failed attempts Genuine Parts finally sold SPRichards to an Investor Group led by TSR's enterprising chief Yancey Jones (pic left). What's the plan? Will it continue a buying group bias or invest in broadline business supply to compete with Amazon? We review
LSC Comms: Lost,
Messy conglomerate LSC Communications, parent of old OP brandmakers graveyard (TOPS, Ampad, Pendaflex, Quality Park) reported steeper sales decline & losses in Q2'20. Complacent CEO Tom Quinlan has been in denial since the split from RRDonnelley and its terminal tailspin inevitably led to failure
Keurig brews hot
Keurig Dr. Pepper, the $11Bn beverage giant confirmed progress with its house of beverage brands in Q2'20 results. Meanwhile, core WFHome coffee results were strong even though hurt by the Covid hit business market
Samsung mobile
Global electronics giant Samsung's new Moble CEO Roe Tae Moon (pic left) reported disappointing results during Covid: diving mobile and consumer electronics sales, but strong chips sales for servers and PC's. It launched the new Galaxy Note S20 mobile series and next week the Watch 3
P&G: powerful
Procter & Gamble (PG), the leading personal, home & business care brandmaker, reported strong healthy Q4'20 results. Powerful marketing & ad campaigns are winning market share in towels, tissues & detergents eg Charmin, Dawn, Bounty, Tide & Febreze
I P : Packaging
International Paper, the leading packaging & papermaker, reported diving demand for printer paper in Q2'20. CEO Mark Sutton continued its reinvention into an international packaging powerhouse?
Kyocera crash
Japanese print and auto components maker, Kyocera Corporation continued to report declining revenues in Q1'21. The Components business was steady but the Equipment & Systems divisions sales dived particularly MPS/document solutions.
UPS ramps up
UPS the global #1 logistics provider reported strong US growth in Q2'20 boosted by 'cartel' price increases and record domestic ecommerce activity e.g. Amazon through the Covid crisis. New CEO Carol Tome maintained its lead over fading FedEx
Stanley stymied in
Stanley Black & Decker, the $14Bn tools, storage & OP maker's sales & profits growth declined deeply in Q2'20 caused by Covid. CEO Jim Loree is still positive innovations in tools inc. Craftsman brand may help recover some lost ground later in the year
Nestle growth
Nestle, the #1 food & beverage maker reported strong organic growth in Q2'20. Demand during the Covid crisis predictably strengthened in consumer markets e.g. coffee water and petfood but weakened in the business supplies eg breakroom
V i s t a p r i n t
's
Cimpress aka Vistaprint, the leading online provider of professional marketing services to SMB's, reported steeply declining sales in its Covid hit Q4'20. The loss of key managers, coincident with multiple acquisitions may have stretched CEO Robert Keane's competency?
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