Food & Beverage Sector

[behappyalways]

KFC Unveils 'Finger-Lickin Good' Meal Deal As Value Wars Heat Up
https://www.zerohedge.com/markets/kfc-u ... -wars-heat

[winston]

CHINA: Finding safety in staples - Consumer Sector

With looming external headwinds weighing on market sentiment, it is an opportune time to revisit the F&B sub-sector, for lower risk and bargain valuations (c. -2 S.D.)

China new action plans to boost domestic consumption, combined with a normalising base effect and favourable raw material costs could enhance prospects for F&B players in the next 12 months

With demand resilience, value-focused consumption and ongoing product-mix refinement, we favour Uni-President China (UPC), Tingyi, CR Beer, YUM China and New Hope Liuhe, while UPC and Tingyi also offer attractive 7%+ yield

Source: DBS

https://www.dbs.com/insightsdirect/scre ... rtid=41854

[behappyalways]

Mars Candy Bars To Buy Cheez-It Maker Kellanova In "Largest Package-Food Deal In Decade"
https://www.zerohedge.com/markets/mars- ... eal-decade

[behappyalways]

Subway Calls 'Emergency' Meeting With Franchisees As Fast-Food 'Value Wars' Potentially Claim First Casualty
https://www.zerohedge.com/markets/subwa ... t-casualty

[winston]

China beer market loses fizz as spendthrift drinkers opt for cheaper brews

An upmarket strategy has gone flat amid a decline in spending, while long-term demographic trends are shrinking the population of fans

For years, beer brands have been pushing premium products in China, thirsty to tap the consumption power of the growing middle class.

But the effort seems to have hit a bottleneck as the world’s second-largest economy grapples with a nationwide spending decline and the number of beer fans shrinks.

State-backed China Resources Beer (CR Beer) said on Monday that its overall sales volume declined 3.4 per cent year on year in the first half of 2024 amid a “significant contraction in consumer goods”, even as the company, holding the largest market share in China, eked out a 1.2 per cent gain in profit to 4.7 billion yuan (US$658.5 million).

Source: SCMP

https://www.scmp.com/business/companies ... pe=section

[behappyalways]

Why Fast Food Chains Like McDonald’s, Wendy’s And Taco Bell Brought Back Value Meals
https://m.youtube.com/watch?v=6-un6TzvTmM

[behappyalways]

Wings Clipped: Red Bull Owners Get Lowest Payout In Four Years As Sales Stumble, Competition Grows
https://www.zerohedge.com/markets/wings ... tion-grows

[behappyalways]

Restaurant Bankruptcies Piling Up, TGI Fridays May Be Next
https://www.zerohedge.com/markets/resta ... ay-be-next

[behappyalways]

Why Fast-Food Companies Are Going All In On Chicken Tenders
https://m.youtube.com/watch?v=q0ibkjyvpDg

[behappyalways]

Consumption has been downgraded to the norm. Chinese hot pot restaurants. Hand-cranked drinks have triggered a wave of closures. The economy is so bad! Hot pot restaurants have become the hardest hit area, with "166 closures every day"

消費降級成常態 中國火鍋店.手搖飲掀倒閉潮 景氣太差! 火鍋店成重災區"每天倒閉166家"│國際焦點20241220│三立新聞台

https://m.youtube.com/watch?v=Jvw-jO6_gX8