Manufacturing in the US has been contracting for most of the last three years.Chipotle has a younger customer base that is struggling economically and thus eating at home more often.Its share price is down 47% this year.Starbucks comparable sales finally turn positive – just.Introducing the PM Loser Index.McDonald’s sales tick down a bit but still in positive territory.Traffic from low-income consumers was down almost 10%.Inflation pressuring margins but profitability still rose.Clorox sales ...
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Manufacturing in the US has been contracting for most of the last three years.Chipotle has a younger customer base that is struggling economically and thus eating at home more often.Its share price is down 47% this year.Starbucks comparable sales finally turn positive – just.Introducing the PM Loser Index.McDonald’s sales tick down a bit but still in positive territory.Traffic from low-income consumers was down almost 10%.Inflation pressuring margins but profitability still rose.Clorox sales ...
Post 333: From Heinz to Smucker: Prices Up, Demand Down, Spin Up
Paulitical Economy™
42 minutes
1 month ago
Post 333: From Heinz to Smucker: Prices Up, Demand Down, Spin Up
We start by taking a look back at Heinz.And two decisions that ended their long-term relationship with McDonald’s.Healthcare costs for Canadian boomers are being subsidised by the next generation.As well as their retirement.Headline consumer price inflation in the US ticks up in August and core inflation remains elevated.And it was mainly due to services i.e. not tariffs.Headline wholesale inflation fell.But core wholesale inflation was the highest in five months.J.M. Smucker posted their lat...
Paulitical Economy™
Manufacturing in the US has been contracting for most of the last three years.Chipotle has a younger customer base that is struggling economically and thus eating at home more often.Its share price is down 47% this year.Starbucks comparable sales finally turn positive – just.Introducing the PM Loser Index.McDonald’s sales tick down a bit but still in positive territory.Traffic from low-income consumers was down almost 10%.Inflation pressuring margins but profitability still rose.Clorox sales ...
