Morgan Stanley talks c-store snack trends [Seeking Alpha]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
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Source: Seeking Alpha
Morgan Stanley talks c-store snack trendsMorgan Stanley says protein is still the buzzword in convenience snacking after taking in the2017 National Association of Convenience Stores Show in Chicago.Analyst Matthew Grainger and team tip that consumers' desire for protein is leading to new offerings from a number of food majors.ConAgra Brands (NYSE:CAG) is expanding the Slim Jim Premium line.Kraft Heinz (NASDAQ:KHC) has a protein focus with Oscar Mayer meat trays, Philadelphia Bagel & Cream Cheese Dips, Planters NUT-rition mixes and coated Crunchers Nuts.Kellogg (NYSE:K) is highlighting Special K trail mixes and Protein/Nourish Bites.Privately-owned Kind's is bringing our more protein bar varieties to the market.Convenience Store Newsreports that 60% of c-store retailers have higher in-store sales for the first nine months of 2017 than a year ago.Now read:Kellogg: Adapt To Survive »
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