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Real Good Foods (RGF) Shines in US SPINS Retail Scanner Data
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The Real Good Food Company, Inc. (RGF - Free Report) , a prominent player in the health and wellness frozen and refrigerated food industry, has unveiled its most recent U.S. SPINS retail scanner performance data, providing valuable insights into its performance trends. The data, covering the period up to Aug 13, 2023, reveals some trends that are sure to catch the attention of both investors and health-conscious consumers.
Real Good Foods has reason to celebrate as it posted record Dollar Sales in the Measured Channel, with a staggering $8.9 million in consumption during the four-week period ending Aug 13. This achievement was driven by significant growth in core categories and velocity increases.
The Real Good Foods brand in total has shown tremendous strength, growing 29% over the four-week period compared to the previous year and an incredible 82% compared to two years ago. This remarkable trajectory is a testament to the company's commitment to providing healthier food options to consumers.
Real Good Foods' core products, which include Entrée and Breakfast items, demonstrated exceptional growth, surging 46% during the four-week period compared to the previous year. Even non-core items witnessed a commendable 17% growth year over year.
Image Source: Zacks Investment Research
In a period when the frozen category as a whole remained relatively flat at 0.1%, the Health & Wellness Frozen Food subcategory, which includes brands like Real Good Foods, displayed impressive resilience, growing 6.6% over the same four-week period.
Commenting on the results, Bryan Freeman, executive chairman at Real Good Foods highlighted the growing demand from consumers and retail partners for the company’s products. The company's focus on strategic platforms like Breaded Chicken, Global Entrees, and Breakfast has resonated with consumers who are increasingly seeking healthier food options. At a time when 88% of U.S. consumers are grappling with metabolic health conditions related to diet, the importance of offering healthier choices cannot be understated.
Wrapping Up
The Real Good Food Company is riding a wave of success in the health and wellness food industry. The latest SPINS data paints a vivid picture of a company that's not just keeping pace but surging ahead, driven by a commitment to delivering both flavor and health benefits. As consumers increasingly prioritize their well-being and seek out nutritious choices, Real Good Foods stands as a shining example of culinary innovation that caters to these evolving tastes.
Real Good Food Company currently carries a Zacks Rank #3 (Hold). Shares of RGF have increased 21% in the past three months against the industry’s decline of 7.3%.
The Zacks Consensus Estimate for Flowers Foods’ current financial-year sales suggests growth of 6.7% from the year-ago reported numbers. The expected EPS growth rate for three to five years is 2.3%.
Celsius Holdings, which offers functional drinks and liquid supplements, currently carries a Zacks Rank #2. CELH delivered an earnings surprise of 100% in the last reported quarter.
The Zacks Consensus Estimate for Celsius Holdings’ current fiscal-year sales and earnings suggests growth of 88.9% and 168.8%, respectively, from the year-ago reported numbers.
Walmart, which operates a chain of hypermarkets, discount department stores and grocery stores, currently carries a Zacks Rank #2. The expected EPS growth rate for three to five years is 6.6%.
The Zacks Consensus Estimate for Walmart’s current financial-year sales and earnings suggests growth of 5% and 2.1%, respectively, from the year-ago reported numbers. WMT has a trailing four-quarter earnings surprise of 11.6%, on average.
Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information.
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Real Good Foods (RGF) Shines in US SPINS Retail Scanner Data
The Real Good Food Company, Inc. (RGF - Free Report) , a prominent player in the health and wellness frozen and refrigerated food industry, has unveiled its most recent U.S. SPINS retail scanner performance data, providing valuable insights into its performance trends. The data, covering the period up to Aug 13, 2023, reveals some trends that are sure to catch the attention of both investors and health-conscious consumers.
Real Good Foods has reason to celebrate as it posted record Dollar Sales in the Measured Channel, with a staggering $8.9 million in consumption during the four-week period ending Aug 13. This achievement was driven by significant growth in core categories and velocity increases.
The Real Good Foods brand in total has shown tremendous strength, growing 29% over the four-week period compared to the previous year and an incredible 82% compared to two years ago. This remarkable trajectory is a testament to the company's commitment to providing healthier food options to consumers.
Real Good Foods' core products, which include Entrée and Breakfast items, demonstrated exceptional growth, surging 46% during the four-week period compared to the previous year. Even non-core items witnessed a commendable 17% growth year over year.
Image Source: Zacks Investment Research
In a period when the frozen category as a whole remained relatively flat at 0.1%, the Health & Wellness Frozen Food subcategory, which includes brands like Real Good Foods, displayed impressive resilience, growing 6.6% over the same four-week period.
Commenting on the results, Bryan Freeman, executive chairman at Real Good Foods highlighted the growing demand from consumers and retail partners for the company’s products. The company's focus on strategic platforms like Breaded Chicken, Global Entrees, and Breakfast has resonated with consumers who are increasingly seeking healthier food options. At a time when 88% of U.S. consumers are grappling with metabolic health conditions related to diet, the importance of offering healthier choices cannot be understated.
Wrapping Up
The Real Good Food Company is riding a wave of success in the health and wellness food industry. The latest SPINS data paints a vivid picture of a company that's not just keeping pace but surging ahead, driven by a commitment to delivering both flavor and health benefits. As consumers increasingly prioritize their well-being and seek out nutritious choices, Real Good Foods stands as a shining example of culinary innovation that caters to these evolving tastes.
Real Good Food Company currently carries a Zacks Rank #3 (Hold). Shares of RGF have increased 21% in the past three months against the industry’s decline of 7.3%.
Bet Your Bucks on These 3 Hot Stocks
Here, we have highlighted three better-ranked stocks, namely Flowers Foods (FLO - Free Report) , Celsius Holdings (CELH - Free Report) and Walmart (WMT - Free Report) .
Flowers Foods, one of the largest producers of packaged bakery foods, currently carries a Zacks Rank #2 (Buy). FLO has a trailing four-quarter earnings surprise of 7.6%, on average. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Flowers Foods’ current financial-year sales suggests growth of 6.7% from the year-ago reported numbers. The expected EPS growth rate for three to five years is 2.3%.
Celsius Holdings, which offers functional drinks and liquid supplements, currently carries a Zacks Rank #2. CELH delivered an earnings surprise of 100% in the last reported quarter.
The Zacks Consensus Estimate for Celsius Holdings’ current fiscal-year sales and earnings suggests growth of 88.9% and 168.8%, respectively, from the year-ago reported numbers.
Walmart, which operates a chain of hypermarkets, discount department stores and grocery stores, currently carries a Zacks Rank #2. The expected EPS growth rate for three to five years is 6.6%.
The Zacks Consensus Estimate for Walmart’s current financial-year sales and earnings suggests growth of 5% and 2.1%, respectively, from the year-ago reported numbers. WMT has a trailing four-quarter earnings surprise of 11.6%, on average.
Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information.