Conduent crash
Conduent, the much hyped ex-Affiliated Computer Services company, now 6 years split from Xerox, declined further again in Q4'22 The CEO appointed by Chainsaw Carl Icahn is under review but new contract gains may save him.
Ecolab's higher
Ecolab the $14Bn in sales, cleaning & hygiene supplies giant to the health care and food services market, repoprted a good recovery across all categories, in Q4'22. Last week ceo Chris Beck celebrated a new consumer product launch with The Home Depot.... Updated
Coke fizzes from
Coca-Cola 'Away from Home' (business supply inc. restaurants) market collapsed thru' Covid. CEO James Quincey reported a powerful recovery in Q4'22, but below Q4'19 volume norms. The new 'Touchless' environment is driving drinks delivery and a revival in its Costa coffee shops Updated
One Wesco wired
WESCO the enlarged $21Bn (inc. Anixter) #1 US provider of electrical, security and MRO supplies, reported increased organic sales in Q4'22, boosted by double digit price increases. CEO John Engel reported on powerful strategic progress. Updated
BiC writes & lights
BiC the stationery, shaver & lighter maker, reported a strong recovery in Q4'22. Morever, it accelerated strong demand trends even further as its products recovered from its 'non essential' status in developed merkets including powerful back to school orders.
Printer plunge
IDC’s Worldwide Quarterly Hardcopy Peripherals Tracker reports a recovery in volume but not yet to levels of the pre Covid 2019 norm. It comments that supply chain issues hampered progress of the leading printer brands, but chose to ignore the serious secular demand in printing...
Uber One saves
SuperBowl commercials seem to be on the rebound. We've seen way-too-serious ones, overly long ones, safe and boring ones to remind us of things we don’t need help remembering. But, nothing beats a great ad, and the 2023 versions were regarded as some of the best yet?
Envoy packages
The hygiene & packaging market's rapid roll up is racing ahead. FEMSA's Envoy and Advent's Imperial lead the way in acquiring US jansan and packaging dealers. Envoy ceo Mark Fisher announced the acquisition of a large NJ industrial packaging reseller (Its 4th in 2023) complementing its growing northeast presence
Newell's 'nowhere
Newell Brands, a $9Bn house of business & consumer brands, sales plummeted in Q4'22, with declining volumes of home, commercial and writing products, offset by high price inflation. Ex-Office Max ceo Ravi Saligram is retiring after failing to recover losses and 'fiddling while the house burns', with cheesy, cost cutting project diversions; including mass layoffs. Updated
Sylvamo sink saved
Top international packaging maker International Paper, spun off its papermaking unit in Oct'21, now renamed Sylvamo (shampoo?). New ceo Jean-Michel Ribiéras' opaque report distracted from sinking volumes, by priding itself on "outstanding" price inflated sales and profits,
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