
Stocks of U.S. packaged food makers fell this year as budget-conscious consumers tempered spending on pricy pantry staples due to inflation
Kraft Heinz KHC.O, Campbell's CPB.O, General Mills GIS.N and Conagra CAG.N drop for third straight year
Several food companies announced in October they would remove synthetic dyes from their products, amid increasingly health-conscious consumers and growing pressures from Trump administration's "Make America Healthy Again" movement
Coca Cola KO.N outpaced peers with a 13% jump this year, helped by popularity for its zero-sugar drinks and Fairlife milk in the U.S, while rival PepsiCo PEP.O declined for a third straight year
Tyson Foods TSN.N rose again this year as robust demand for chicken products continued to offset weakness in its beef segment
Keurig Dr Pepper's KDP.O shares falls for the fourth straight year; co to buy Dutch coffee company JDE Peet JDEP.AS for $18 billion
Chocolate maker Mondelez International MDLZ.O continued last year's declines, hurt by surging cocoa prices
Plant-based meat maker Beyond Meat BYND.O falls about 77%, extending a five-year decline, and coffee maker JM Smucker SJM.N extended its losing streak to the third year
S&P 500 Packaged Foods & Meats SPLRCFOOD index down about 14% this year, compared with a 17% rise in the S&P 500 index .SPX
Company | RIC | Shares of last close YTD | 2024 | 2023 |
Beyond Meat | BYND.O | -77.48% | -57.75% | -27.70% |
Lamb Weston | LW.N | -37.23% | -38.17% | 20.96% |
Mondelez International | MDLZ.O | -8.24% | -17.53% | 8.67% |
Kraft Heinz | KHC.O | -20.45% | -16.96% | -9.16% |
J M Smucker | SJM.N | -10.62% | -12.87% | -20.24% |
PepsiCo | PEP.O | -5.20% | -10.47% | -5.99% |
Hershey | HSY.N | 7.58% | -9.17% | -19.49% |
Campbell's | CPB.O | -33% | -3.12% | -23.82% |
Conagra | CAG.N | -37.19% | -3.18% | -25.94% |
Hormel Foods | HRL.N | -23.56% | -2.30% | -29.51% |
General Mills | GIS.N | -26.82% | -2.10% | -22.31% |
Coca-Cola Co | KO.N | 12.54% | 5.65% | -7.36% |
McCormick | MKC.N | -10.18% | 11.43% | -17.46% |
Keurig Dr Pepper | KDP.O | -12.56% | -3.60% | -6.56% |
Tyson Foods | TSN.N | 2.63% | 6.87% | -13.65% |