Thursday, January 12, 2023

Ferguson plc Had Its Pricing Inflation on Its Net Sales Spike Up to 15% in Its Most Recent Oct 2022 Quarter, After Averaging Pricing Inflation of 3% in Its Fiscal Year Ended July 2022.

Clearly, Ferguson's most recent Pricing Component of Its Net Sales Increase is abnormally high.

Its customers cannot be happy with Ferguson's outlandishly high pricing increases on its products.

Ferguson's October 2022 Earnings Release

Campbell Soup Had an Extremely High 16% Prices and Sales Allowances (Higher Pricing Inflation) Component of Its Net Sales % Increase in its Most Recent Oct 2022 Quarter, 4 Times That in its Year-Ago Oct 2021 Quarter (4%) and 16 Times That in its July 2021 Quarter (1%) Only Five Quarters Ago.

From its most recent six Quarterly Earnings Releases filed with the US SEC, here are the Prices and Sales Allowances (Higher Pricing Inflation) Components of Campbell Soup's Net Sales % Increases: 

  • Oct 22 +16%
  • July 22 +14%
  • April 22 +11%
  • Jan 22 +5%
  • Oct 21 +4%
  • July 21 +1%

Clearly, Campbell Soup's recent Pricing Component of Its Net Sales % Increase is abnormally high recently.

Its customers cannot be happy with Campbell Soup's extremely high pricing increase of its products in its most recent three quarters.

Campbell Soup's October 2022 Earnings Release

Wednesday, January 11, 2023

Coca-Cola North America Had an Extremely High 15% Price/Mix Component (Predominately Higher Pricing) of Its Net Operating Revenues % Increase in the Most Recent Sept 2022 Quarter, 1.5 Times That in the June 2022 Quarter (10%) and Triple That in the Year-Ago Sept 2021 Quarter (5%).

From its most recent five Quarterly Earnings Releases filed with the US SEC, here are the Price/Mix Components of Coca-Cola's North America Segment's Net Operating Revenues % Increases: 

  • Sept 2022 +15%
  • June 2022 +10%
  • March 2022 +11%
  • Dec 2021 +9%
  • Sept 2021 +5%

Clearly, Coca-Cola North America's recent Pricing Component of Its Net Operating Revenues % Increase is abnormally high.

Its US customers cannot be happy with Coca-Cola North America's extremely high pricing increase of its products in the most recent Sept 2022 quarter.

Coca-Cola's September 2022 Earnings Release

Conagra Brands Had an Extremely High 17.0% Price/Mix Component (Predominately Higher Pricing) of Its Net Sales Increase in the Most Recent November 2022 Quarter, More Than 10 Times Its Modest 1.6% Price/Mix Component in the Aug 2021 Quarter Only Five Quarters Ago

From its most recent six Quarterly Earnings Releases filed with the US SEC, here are the Higher Price/Mix Components of Conagra Brands' Total Net Sales % Increases:

  • Nov 2022 +17.0%
  • Aug 2022 +14.3%
  • May 2022 +13.2%
  • Feb 2022 +8.6%
  • Nov 2021 +6.8%
  • Aug 2021 +1.6%

Clearly, Conagra Brands' recent Pricing Components of Its Net Sales Increases are abnormally high.

Its customers cannot be happy with Conagra Brands' outlandishly high pricing increases of its products.

Conagra Brands November 2022 Quarter Earnings Release

Deere & Co Had 11.3% Higher Price Realization (Inflation) in Its Most Recent Fiscal Year Ended (FYE) Oct 2022 That Was 85% Higher Than the 6.1% Higher Price Realization in its Prior FYE Oct 2021. Also, in Its Most Recent Oct 2022 Quarter, Its Higher Price Realization Spiked Up to 15.4%.

Clearly, Deere & Co's recent Pricing Component of Its Net Sales Increase is abnormally high.

Its customers cannot be happy with Deere's outlandishly high pricing increases of its products.

Deere October 2022 Quarter Earnings Release


Tuesday, January 10, 2023

Caterpillar Had Very High 13.2% Favorable Price Realization (Inflation) in Its Most Recent Sept 2022 Quarter Which Was Five Times Its Modest 2.4% Favorable Price Realization One Year Earlier in Its Sept 2021 Quarter.

 From its most recent five Quarterly Earnings Releases filed with the US SEC, here are the Higher Favorable Price Realization (Inflation) Components of Caterpillar's Worldwide Consolidated Total Sales and Revenues % Increases:

  • Sept 2022 +13.2%
  • June 2022 +8.6%
  • March 2022 +5.9%
  • Dec 2021 +4.5%
  • Sept 2021 +2.6%

Caterpillar's Construction Industries Segment had Favorable Price Realization of 14.9% in its most recent Sept 2022 quarter vs only 5.4% in its year-ago Sept 2021 quarter.

And Caterpillar's Resource Industries Segment had Favorable Price Realization of 18.7% in its most recent Sept 2022 quarter vs only 2.4% in its year-ago Sept 2021 quarter.

Monday, January 9, 2023

Worldwide Consolidated Kimberly-Clark Had Very High Pricing (Inflation) Components in Each of the Most Recent Three Quarters ... +9% in Both the Sept 22 and June 22 Quarters and +6% in the March 22 Quarter That Was Substantially Above That in the Previous Three Quarters, Which Averaged a Modest 2% Per Quarter.

 From its most recent six Quarterly Earnings Releases filed with the US SEC, here are the Higher Pricing (Inflation) Components of Worldwide Consolidated Kimberly-Clark's Net Sales Increases:

  • Sept 2022 +9%
  • June 2022 +9%
  • March 2022 +6%
  • Dec 2021 +2%
  • Sept 2021 +3%
  • June 2021 +1%
Kimberly-Clark's Personal Care Segment's six most recent Quarterly Higher Pricing (Inflation) Components are:
  • Sept 2022 +8%
  • June 2022 +9%
  • March 2022 +8%
  • Dec 2021 +4%
  • Sept 2021 +4%
  • June 2021  0%
Kimberly-Clark's Consumer Tissue Segment's six most recent Quarterly Higher Pricing (Inflation) Components are:
  • Sept 2022 +9%
  • June 2022 +7%
  • March 2022 +5%
  • Dec 2021 (-1%)
  • Sept 2021 +1%
  • June 2021 0%

Clearly, the substantial higher pricing decisions by Kimberly-Clark's CEO which were reviewed by Kimberly-Clark's Board of Directors were one of the causes of US inflation being so high in each of the most recent three quarters ... Sept 2022, June 2022 and March 2022.