Kraft Heinz vs. McCormick vs.

University of Michigan consumer sentiment is at 56.4, a level typically viewed as recessionary. Kraft Heinz, McCormick and Hormel Foods reported earnings into this weak consumer backdrop, implying pressure on volumes and margins for consumer staples and increased downside risk to near-term sales.

Analysis

University of Michigan consumer sentiment is at 56.4, a level typically viewed as recessionary. Kraft Heinz, McCormick and Hormel Foods reported earnings into this weak consumer backdrop, implying pressure on volumes and margins for consumer staples and increased downside risk to near-term sales.