INSTITUTIONAL RESEARCH

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SHOWING CONSUMER STAPLES RESEARCH
New Invite | WMT | Why You Should Buy It At All-Time Highs Learn More
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We see upside to $100 driven by its e-commerce flywheel and greater margin expansion. Our Black Book will have a deep-dive into the top-line drivers, margin headwinds and tailwinds, valuation framework, and upside/downside.

Haypp Group | New Long Idea | Multi-Bag Fire Without the Smoke Learn More
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Haypp Group is a pure-play investment in the secular share-gaining oral nicotine category globally. The attributes of oral nicotine pouches and its leading online positioning set the company up as a multi-bagger.

Consumer Staples Sunday Edge | Position Monitor Changes (LW, CELH, MNST, LANC, BRBR, KLG, KVUE) Learn More
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Seven updates to the Consumer Staples position monitor and a short summary of the reasons behind them.

Staples Insights | Bologna for sale (KHC), Craft beer (SAM), Paleo Diet Debunked (BRBR) Learn More
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Today's daily note for Consumer Staples

LW | FQ3 Gets ERP'ed Learn More
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FQ3 results were disappointing, but it also set up an opportunity to buy a quality company on sale.

LW | FQ3 Gets ERP'ed
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CELH | Elevator Pitch | Best Idea Long Learn More
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This is our 'Elevator Pitch' for CELH which includes our variant view and detailed financials.

Staples Insights | Dec. food manufacturing PPI (HSY), Soda tax (PEP), Drizly shutdown (DEO) Learn More
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Daily consumer staples note covering December food manufacturing PPI, soda tax increases, and new oat milk innovation to turn around sales.

Staples Insights | Dec. CPI (WMT), Back home shift (WMT), CA is the most expensive (GO) Learn More
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December CPI report highlights, At home dining shift?, California is the most expensive state for grocers.

Staples Insights | Avian flu (VITL), Dry January Adjusts (BUD), Red Sea rising (SN, AVO) Learn More
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The Consumer Staples daily insights note: Today's note looks into the impact of another avian flu outbreak, the implications of the growing "Dry January" trend, and higher ocean freight rates are coming for all.

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