Consumer staples giants including PepsiCo, Nestle and Unilever have had no trouble passing on price hikes to customers, with little impact on volumes.
“The Q1 results reported by some of the sector’s biggest names were boosted by an ability to raise prices sharply and offset rising costs,” said Ed Yardeni of Yardeni Research.“The Q1 results reported by some of the sector’s biggest names were boosted by an ability to raise prices sharply and offset rising costs,” said Ed Yardeni of Yardeni Research.
The price hikes are all the more notable given that inflation pressures seem to have peaked in most of the industrialized world. In the U.S., consumer prices in the 12-months ending March rose 5%, the smallest increase since May 2021. The following is a list of product makers, with the price hikes they’ve reported for the first quarter, the volume change, and their stock price performance .
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