Details

30 Oct 23

Updated: 30 Oct 23

X P O  Logistics
stabilizes revenue

Price inflation abates.
Volume growth return

Details

30 Oct 23

Updated: 30 Oct 23

Navigator paper
volume/prices hit

Paper plunge pauses
Tissue demand resilient

Portugal's Navigator Paper Company, the leading quality brand papermaker, reported  steady results Q3'23, claiming market share gains. Pulp and paper prices plunged in a declinin g market. "Tissue volume demand proved resilient" reported ceo Antonio Redondo. 

Details

29 Oct 23

Updated: 31 Oct 23

Big City Office
Horror Show!

Properties empty rapidly
as firms downsize space

'The property horror show in Manhattan (NY) could be coming to an office near you' writes The London Times' Oliver Shah. Research group MSCI put the US commercial real estate's financial distress at $80Bn in Q3'23 with offices at the heart of things. We discuss as RTO stalls at <50%of 2019 levels...

Details

23 Oct 23

Updated: 8 Nov 23

Softcat: soft sales,
greater GP revs

CEO Charlton: Mkt share.
gains & gears for growth

UK #1 tech products and services reseller Softcat reported double digit GP growth in its FY'23 results to 31Jul'23. New ceo Graham Charlton was optimistic about future growth given new major contract wins and claimed market share growth in uncertain market conditions. Full analysis here...

Details

19 Oct 23

Updated: 7 Nov 23

Mondi marred as
pkg demand sinks

Market price disinflation
exacerbates lower volumes

Mondi Group, the €9Bn in sales international paper & packaging maker reported decling demand and prices in its Q3'23 gtrading updatre. ceo Andrew King commented on its sustainable activity whilst playing down the volume decline and disinflation affects

Details

27 Oct 23

Updated: 27 Oct 23

Newell: House of
Brands collapsing

Writing on wall? New
boss same as old boss?

Newell Brands, a $8Bn house of business & consumer brands, sales plummeted again in Q3'23, with declines in BTS, hygiene and writing products, offset by price inflation. New CEO (ex-CFO) Chris Peterson succeeded ex-OMax, Ravi Saligram who 'fiddled while the house burned'. Is the writing on the wall or can he reinvent a growth strategy rather than the many cost cutting projects? Full report analysis here....

Details

27 Oct 23

Updated: 27 Oct 23

Stanley tools down
as inflation abates

New ceo's (ex-CFO) focus
cost reduction, not growth?

Stanley he $16Bn tools, storage & OP maker's sales volume decline continued, offset by price increases and acquisitions in Q3'23. Ex-CFO, CEO Donald Allan commented on weaker demand and details of his global cost reduction program....

Details

26 Oct 23

Updated: 27 Oct 23

Amazon business
supplies resurgent

3Pty sellers, Prime subs,
advertising, AWS all soar

Amazon's amazing sales growth accelerated in Q3'23, 'normalizing' to 2019 growth rates with WFH direct & 3Pty sellers business supplies demand surging e.g. tech, hygiene, foodservice, and packaging. The Everything Store'  is consumers' & business' 'first call' broadline supplier and regained market share in product and services sales. Full analysis here 

Details

26 Oct 23

Updated: 26 Oct 23

Grainger gains
from high inflation

CEO claims market share
wins in Hygiene & Safety

Grainger, the $16Bn+ in sales, leading international broadline industrial & business supplier reported accelerated sales momentum in Q2'23 "Sales were boosted by higher prices and market share gains in hygiene and safety supplies" claimed ceo DG MacPherson. Full analysis here

Details

26 Oct 23

Updated: 26 Oct 23

Keurig coffee cools
Inflation froth sales

Dr. Pepper brands' sparkle
w CORE & Polar Seltzers

Keurig Dr.Pepper, the $13Bn coffee giant reported progress with its house of beverage brands in Q3'23. Meanwhile, coffee demand  weakened in WFH & business markets. Dr.Pepper brands growth sparkled, notably C4 Energy & Polar seltzers. CEO Bob Gamgort commented