Category: industry

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Featured Manufacturers

Perrigo Q1 Net Sales Increase 14.2%

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OTC & health and wellness private brand manufacturer Perrigo today announced financial results for the first quarter ended March 28, 2020.

President and CEO Murray S. Kessler commented, \”During these unprecedented times, I am honored to be surrounded by our more than 11,000 dedicated employees who are making tremendous sacrifices to help ensure that our essential products remain available to consumers and patients who need them. Our top priorities remain our employees\’ well-being and business continuity, while at the same time supporting the communities where we live and work.\”

Kessler continued, \”Thanks to these courageous employees, we were able to report another quarter of strong growth across all business segments with robust sales and profitability above expectations. While we started the year off with similarly strong trends that we experienced in the fourth quarter of 2019, our business surged significantly in March in response to the global demand created by the COVID-19 pandemic. Worth noting, not only did our team keep the business running, they also made significant further progress on our Consumer Self-Care transformation. Perrigo is clearly well-positioned for a \’New-Normal\’ future, which will need Quality, Affordable Self-Care Products more than ever before.\”

First Quarter Financial Highlights

  • Consolidated first-quarter net sales were $1.3 billion, an increase of 14.2% compared to the prior-year quarter. Excluding exited businesses and the impact of currency, net sales increased by 17.6%.
  • Worldwide Consumer first-quarter net sales increased by 16.2% compared to the prior-year quarter. Excluding exited businesses and the impact of currency, Worldwide Consumer net sales were 20.7% higher year-over-year.
  • Consumer Self-Care Americas (CSCA) achieved record first-quarter net sales of $701 million, or growth of 20.4% versus the prior-year quarter highlighted by 15.0% organic growth; Consumer Self-Care International (\”CSCI\”) first-quarter net sales grew 9.1% versus the prior-year quarter highlighted by 8.1% organic growth.
  • Reported diluted EPS for the first quarter of 2020 was $0.77 per diluted share as compared to EPS of $0.47 in the prior-year quarter.
  • Adjusted diluted EPS for the first quarter of 2020 increased by 6.5% to $1.14 as compared to $1.07 per diluted share in the prior-year quarter.
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Featured Manufacturers

Golden West Food Donates $2M of Food To COVID-19 Relief

Private brand food products and meat supplier Golden West Food Group (GWFG) announced plans to donate $2 million dollars worth of premium meats to the City of Hope Hospital, Los Angeles Police Department, Los Angeles Fire Department, Los Angeles Unified School District, Salvation Army, Los Angeles Regional Food Bank and others in need, to support the relief efforts associated with COVID-19 pandemic. GWFG is headquartered in Los Angeles County, California.

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Erik Litmanovich, CEO of
Golden West Food Group

\”We are extremely appreciative of the relentless work and relief effort from our medical community and first responders to keep everyone safe and we are honored to help these local heroes,\” said Erik Litmanovich, CEO of Golden West Food Group. \”At Golden West Food Group we are working hard every day to ensure that the American public has access to the food they need, and we hope these meals will help our healthcare providers and the community power on in what is one of the worst health crises of our time.\”

Food donations in \”Pantry Pallet\” quantities, distributed by Golden West Food Group will include an assortment of ready to cook Beef, Pork, Chicken with various side dishes as well.

\”As a leader in food manufacturing, we are proud to do what we can to help hospitals and first responders and it is our hope that other food companies and suppliers do what they can to expand meal distribution across the region and around the country,\” said Litmanovich.

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Featured Manufacturers

Don Welge, Private Label Hall of Fame Member dies from COVID-1

Private brand manufacturer Gilster-Mary Lee Corporation announced this past Thursday on its Facebook page the death of Don Welge. In 2013 he was inducted into the PLMA Private Label Hall of Fame.

“It is with great sadness that we must advise you of the passing earlier today of Don Welge after a short illness. Those who knew him certainly understood his love of the food industry, the company he helped build, and the relationships with customers, suppliers, fellow employees, and other business associates he established over his 60 plus years in the industry. He was also devoted to his family, church, community, and region. He had a wonderful life, good health, and was able to enjoy his work until his last days with us. Don would have expected us to continue at our work of providing safe, quality food products to our customers. So, that is what the entire Gilster-Mary Lee team will continue to do. He knew this work was extremely important given the current challenges facing our nation. On behalf of Don’s Family and the Gilster-Mary Lee Family, thank you for your support”

It is with great sadness that we must advise you of the passing earlier today of Don Welge after a short illness. Those…

Posted by Gilster-Mary Lee Corp. on Thursday, April 16, 2020

The 84-year-old Welge, died at Missouri Baptist Medical Center in St. Louis. He had been airlifted there several weeks ago from Memorial Hospital in Chester as his condition declined. His death was attributed to complications of COVID-19.

In 1957, Don Welge, a great-nephew of the original Gilster family, joined the company. At this time, the Gilster Milling Company was still at the same $1,000,000 in sales. The days of the small, independent mills were numbered due to the advent of large automated facilities and the decline of scratch baking. Diversification was the only path to survival. At this time the manufacturer first moved into private label cake mix, drink mix, and potato products and expanded its operation to the nearby town of Chester, Illinois.

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Featured Manufacturers

Perrigo Donates 500,000 Bottles of Hand Sanitizer

Private brand over-the-counter health and wellness manufacturer Perrigo announced today that over the next few months, the company will donate at least 500,000 bottles of hand sanitizer to local hospitals and first responders facing urgent shortages of this essential product.

Once Perrigo learned about the shortage, the manufacturer’s team quickly mobilized to formulate, produce and ship hand sanitizer within only a few weeks’ time. Perrigo is manufacturing the hand sanitizer at its New York facility and the product is being delivered to hospitals and healthcare providers in West Michigan, including Allegan General Hospital and Spectrum Health Hospitals, and the greater New York City area (New York/New Jersey/Connecticut) through the ‘Mayor’s Fund to Advance New York City,’ which determines the agencies most in need of the product. The Michigan State Police will also receive hand sanitizer donations to aid first responders in their work with the general public.

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Perrigo President and
CEO Murray S. Kessler

Perrigo President and CEO Murray S. Kessler says, “As a leading global provider of self-care products, we have a special responsibility to do everything in our power to assist those in need. Given our close ties in the communities where we work and live, we were made aware of the shortage and critical need for hand sanitizers in local area hospitals. Our team in New York sprang into action and were able to develop a formula, get it into production and ready initial shipments to hospitals within an extraordinarily compressed timeframe. I am extremely proud of our front-line manufacturing employees, who have been working around the clock to support consumers, patients, and hospitals at this imperative time.”

Additional batches of hand sanitizer will also be provided to Perrigo essential employees in the U.S.

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Featured Manufacturers

RH Amar And Daymon Join Forces To Disrupt UK Private Brand

Fine food distributor RH Amar is joining forces with Daymon in a bid to spice up the UK’s fine foods offering across a number of categories.

The partnership will kick off with both parties identifying those UK private brand categories with the most potential to benefit from a makeover, as well as those that have the most untapped potential.

Daymon will focus on generating innovation and concept development in conjunction with RH Amar, while RH Amar then focus on the commercial execution of private brand launches created by the partnership.

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RH Amar MD Rob Amar

RH Amar MD Rob Amar adds: “Our new partnership with Daymon will allow retailers to benefit from a single point of contact for their private brand development, offering the opportunity to strengthen retailers’ current assortments while ensuring their private brands stay competitive.”