By the numbers: How meals gross sales throughout COVID-19 evaluate to the yr prior

That is the second article in a four-part weekly collection that appears at how meals and beverage firms fared in the course of the pandemic. The primary half, additionally revealed right this moment, seems to be at how the pandemic boosted the CPG meals enterprise general.

 

Subsequent week, Meals Dive seems to be on the firms that didn’t observe the identical development sample as most.

After years of gradual development — if any — the COVID-19 pandemic gave meals firms a big gross sales enhance.

Up to now 12 months of pandemic client patterns, many meals firms have seen much more gross sales than the yr earlier than. However some meals firms have seen simply the alternative: massive losses due to pandemic-related issues associated to gross sales, manufacturing and client perceptions of their merchandise.

Meals Dive checked out earnings studies of a number of U.S.-based, publicly traded meals firms from the earlier eight quarters to look at the influence of the pandemic on their gross sales and development. The next charts evaluate gross sales in the course of the 4 most up-to-date quarters — which passed off not less than partially throughout stay-at-home orders related to the COVID-19 pandemic — to the identical quarters a yr earlier than that.

Evaluating gross sales in the course of the two years exhibits some large beneficial properties — and losses — however the common sample of gross sales for firms has tended to remain the identical. For instance, most meals firms that had larger gross sales in the summertime months earlier than the pandemic additionally did so in the course of the pandemic, however the quantity of gross sales elevated. However this did not maintain true for all firms. Coca-Cola, for instance, noticed a gross sales drop final summer time — its standard excessive level — almost definitely as a result of occasion venues have been closed. 

Whereas there are a number of related charts right here, each has its personal scale, optimized to indicate patterns in every firm’s gross sales.

B&G Meals

Gross sales from quarterly earnings studies ending March 2019 to December 2020.

Campbell Soup

Gross sales from quarterly earnings studies ending April 2019 and January 2021.

Coca-Cola

Gross sales figures from quarterly studies ending March 2019 to December 2020.

Conagra Manufacturers

Gross sales from quarterly earnings studies ending Could 2019 to February 2021.

Common Mills

Gross sales from quarterly earnings studies ending Could 2019 to February 2021.

Hershey

Gross sales from quarterly earnings studies ending March 2019 to December 2020.

Hormel

Gross sales from quarterly earnings studies ending April 2019 to January 2021.

Kellogg

Gross sales from quarterly earnings studies ending April 2019 to January 2021.

Keurig Dr Pepper

Gross sales from quarterly earnings studies ending March 2019 to December 2020.

Kraft Heinz

Gross sales from quarterly earnings studies ending March 2019 to December 2020.

Mondelez

Gross sales from quarterly earnings studies ending March 2019 by December 2020.

PepsiCo

Gross sales from quarterly earnings studies ending March 2019 to December 2020.

TreeHouse Meals

Gross sales from quarterly earnings studies ending March 2019 to December 2020.

Tyson Meals

Gross sales from quarterly earnings studies ending March 2019 to December 2020.

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