Biweekly Food Retail Snapshot: 2Y Stack Sequentially Flat, Volumes Still Down

Research evidence excerpt

Biweekly Food Retail Snapshot: 2Y Stack Sequentially Flat, Volumes Still Down

USA | Food EquityJuneResearch9, 2026

Espresso, Fruit/Veg Blend, and Health/Biweekly Food Retail Snapshot: 2Y Stack

Nutrition Powder led categories

L4W vs. L4W YASequentially Flat, Volumes Still Down

Category % Change

Overall, U.S. food retail sales in Nielsen-tracked channels grew 1.2% y/y in L4W ESPRESSOFRUIT/VEG BLEND +29%+24%

ending May 30th (vs. down 1.8% P4W, +1.2% L12W), with volumes down 1.2% HEALTH/NUTRITIONPINEAPPLES POWDER +24%+19%

and price +2.4%. While an improvement from our prior update, likely aided BAKINGPIECE CHIPS +18%+18%

by Memorial Day promos and Easter-timing impacting the prior period, no PIE FILLING +17%

HEALTH/NUTRITION SHAKES +16%

COOKING SPRAY +15%companies in our coverage saw volume growth L4W, with HSY/MZTI/FLO most

pressured. Large-cap avg volumes down ~3% L4W vs. down ~8% P4W, with SOYBROTHMILK +15%+14%

price steady at +3.5%. GELATINCRUSTY/HOTMIX HEARTH BREAD +14%+12%

COFFEE +12%

GREEK YOGURT +11%

Slight Memorial Day boost. Overall, U.S. food retail sales in Nielsen-tracked channels during the PERFORMANCE NUTRITION SHAKES +10%

L4W ending May 30th grew 1.2% y/y (vs. down 1.8% in the P4W, +1.2% L12W), with volumes down PEPPERCORNSMAIN COURSE +8%+8%

1.2% and pricing up 2.4% y/y. The sequential improvement in dollar sales was likely supported in part MEAT SNACK +8%

by a Memorial Day lift, though the prior period also faced a tougher Easter-timing-related comp, with . PERFORMANCESource: NUTRITIONJefferies Research,POWDERNielsenIQ +8%

L4W 2Y stacked sales ~in-line with P4W. Additionally, 35%/16% of the 34 publicly-traded companies FV + C + Pet + Costco + Rem Accts

tracked saw dollar/volume sales increases y/y in the L4W vs. 24%/19% in the P4W. No companies in