“I think the market is taking some comfort that Procter is certainly making some progress. There's reason to be cautiously optimistic that the worst is probably behind us.”
“They're focusing on their stronger, larger brands, and I think that's a prudent strategy for the long term. I think they'll lean towards the higher growth product lines but will take a long time.”
“We took it as a negative that Mark was leaving and we still think it is. Some of that was mitigated with Marty taking over, but I'd certainly rather have both executives in the company instead of just one.”
“If you do see some changes, there could be some operating efficiencies and economies of scale that flow through to the consumer via lower prices. But I do believe that they're going to operate the way that these companies have operated. They have very strong stores to begin with?so the consumer shouldn't see too much change at the beginning.”
“It's a challenging environment, very competitive low barriers to entry. For them to get the first one successful or profitable in six months is certainly a commendable feat.”
“Sales of existing products are slow in some segments, such as the cookies and cakes, and Weston does need to be innovative to keep sales momentum going.”
