Despite projected declines in foodservice revenues and a high number of restaurant closures in 2020, demand for single-use products will register growth due to a sharp increase in off-premise dining (e.g., delivery, drive-through, takeout).
August 28, 2020Analyst Matt Zielenski comments, “The merger of these two companies will create the largest retailer of building materials in the US, one that has sales locations in nearly every major metropolitan area in the nation...."
August 27, 2020The fastest growth for countertop materials is expected in higher value materials with lower penetration rates than more commonly used solid surface, laminate, and granite materials.
August 26, 2020Demand will regain some ground long term as conditions improve
August 20, 2020Demand to see drop in near term as COVID-19 pandemic weighs on manufacturing, income
August 20, 2020Faster gains to be limited by lightweighting trends
August 20, 2020Sales to see short-term boost as consumers seek to exercise at home due to COVID-19 threat
August 20, 2020Introduction of new hybrid and electric CUVs and SUVs will bolster sales volumes
August 20, 2020Increasing reliability, use of public transport and ridesharing among factors weighing on new vehicle purchases
August 20, 2020Momentive Performance Materials entered into an agreement to sell its Consumer Sealants division to Henkel. Matt Zielenski and Kent Furst provide comments.
August 12, 2020