All Reports

Yet another large consumer staples company, this time Procter & Gamble, commented on inflationary pressures this morning. The company noted that oil prices are $12.50/barrel higher than what’s embedded in its fiscal year 2027 earnings…

This morning brought updates from several U.S. packaging companies presenting at a large industrials conference; their message was much the same as what we heard from the large consumer conference taking place this week. Sonoco…

The U.S. Treasury Department said it will purchase up to $6 billion of long-term Treasurys in the first operation of its expanded buyback program, triple the amount initially communicated to investors. The announcement so impressed…

He’s the house now, after all.

General Mills said yesterday it thinks its full-year cost inflation could be at the upper end of its previous 4-5% guidance, partly because of rapidly rising freight costs. The company said its logistics costs are…

At the same consumer conference at which Constellation Brands yesterday warned on higher U.S. trucking costs and some commodity cost pressures and General Mills noted that its (spot) logistics costs are up about 40% vs….

I’ve written extensively about the U.S. Treasury Department’s growing reliance on short-term bills to fund its yawning deficits, and that was before Treasury Secretary Bessent’s increased buyback announcement and other floated tactics in recent weeks…

On the same day that Constellation Brands’ comments about higher U.S. trucking costs and some commodity cost pressures sent its stock down 5.6% (link), General Mills commented on the same topics, and the theme was…

A third large consumer staples company has warned about rising U.S. trucking/freight costs just in the past two weeks, which I’ve previously written about in considerable detail (link). J.M. Smucker did so on August 26,…

Japan’s Ministry of Finance this morning released data on its foreign exchange (FX) reserves and foreign securities holdings as of the end of August; both fell by a record amount in August as Japan likely…

The pulp & paper price reporting service Fastmarkets late last week proposed the launch of a North American corrugated box cost benchmark that would measure changes in the costs associated with producing and delivering boxes…

After market close, Lululemon missed the StreetAccount consensus on comparable sales by a wide margin and cut its full-year sales outlook for the second straight quarter, the latest example of the weakness affecting athletic footwear…

I wrote about intensifying demand weakness among consumer companies and the substantial amount of trucking/freight cost inflation earlier today (link). In that note, I mentioned J.M. Smucker’s comments last week that it’s experiencing higher than…

I wrote last week about the U.S. Bureau of Economic Analysis’ (BEA) reported planned statistical changes later this month that will have the effect of reducing core personal consumption expenditures (PCE) inflation (link), the Federal…

Ahead of large consumer and industrial conferences next week, I thought a brief update was in order. I’ve covered the sales/demand weakness among consumer companies at length; demand trends have progressively deteriorated in recent quarters…