Median company revenue has either declined or experienced very low growth quarter over quarter across all Consumer Product sectors.
United States
Consumer Protection
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Median company revenue has either declined or experienced very
low growth quarter over quarter across all Consumer Product
sectors. However, despite this headwind, top quartile performers in
the majority of sectors have been able to demonstrate margin
growth, with the exception of Apparel & Luxury and Health &
Beauty. Sector performance reflects recent weakness in spending as
consumers pull back on Home, Durables, and Luxury. High interest
rates and continued elevated inflation have suppressed outlook for
economic growth, pushing consumers to shop for bargains and be more
mindful about where their dollar goes. As a result, companies are
more challenged to pass on price increases to the consumer and face
increasing risk of margin deterioration. With top-line growth
headwinds looming, how will CPG companies enhance and accelerate
their productivity engines?
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