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PLAINS Region Regional Composite REGIONAL DATA REPORT JAN – JUN 2015 vs. 2014.

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Presentation on theme: "PLAINS Region Regional Composite REGIONAL DATA REPORT JAN – JUN 2015 vs. 2014."— Presentation transcript:

1 PLAINS Region Regional Composite REGIONAL DATA REPORT JAN – JUN 2015 vs. 2014

2 Methodology IRI gathers chain-wide sales across all RMAs (Retail Market Areas) – Regional Composite Reports reflect multi-outlet retail data. Multi-outlet reporting includes an aggregation of the following channels: grocery, mass, club, drug, dollar and military Average Selling Price (ASP) is not Advertised Retail Price – Average selling price is the average of all prices including coupons, promotional pricing, club/loyalty card deals that are given at the register at the time of purchase Categories: – Avocados – Total Produce: Includes avocados Timeframe: YTD Q2 (January – June) 2015 Retail data provided by IRI / FreshLook Marketing – *HAB's calculation based in part on data reported by Information Resources, Inc. through its Freshlook Service for the Avocado category for Multi-Outlet (MULO). The information is believed to be reliable at the time supplied by IRI but is neither all- inclusive nor guaranteed by IRI. Without limiting the generality of the foregoing, specific data points may vary considerably from other information sources. Important Note: IRI / FreshLook Marketing periodically restates retail data, therefore this review cannot be compared or used in conjunction with prior reviews 2

3 Plains Region: Highlights - YTD Q2 Overview based on the following geography: – The Plains Region captures the St. Louis Market, plus additional cities not included in Markets 2015 vs. 2014, avocado dollars in Plains grew +12%, on par with the Total U.S. growth rate – Avocado dollars outpaced total produce (+3%) by +9 points – During the same time, category volume grew +24% – Category average selling price (ASP) decreased -10% to $1.08/unit – Small Hass avocados (4046) drove category dollar growth, adding over +$7MM – Small Hass avocados also drove volume growth adding nearly +10MM units to the category Plains posted dollar and volume velocities lower than the national average – Plains averaged $304 and 282 units per store per week through Q2 2015 3

4 Plains: YTD Q2 - Avocados vs. Total Produce 2015 vs. 2014, avocado dollars grew +12%, outpacing total produce (+3%) by +9 points Plains held a 7% share of total produce dollars and a 5% share of avocado dollars 4 Avocados Outpaced Total Produce in Retail Dollar Sales Growth Rate (All Periods)

5 Plains: YTD Q2 Avocado Retail Overview 2015 vs. 2014, Category dollars grew +12% – Units grew +24% 2015 vs. 2014, Category average selling price (ASP) decreased -10% to $1.08/unit 5 Plains Avocado Sales Posted Double-Digit Growth in Dollars and Units (2015 vs. 2014)

6 Plains vs. Total U.S. - YTD Q2 PLU Comparisons Avocado dollar sales in PL increased +12%, on par with the Total U.S. growth rate – Volume increased +24%, +3 points ahead of Total U.S. Small Hass avocados (PLU 4046) drove dollar growth in PL, adding over +$7MM to the category – Small Hass avocados also drove category units adding nearly +10MM units – Small Hass avocado ASP decreased -9% to $0.93/unit 6 Plains Outpaced Total U.S. in Volume Sales Growth Rate

7 Plains: YTD Q2 Category Per Store Per Week Averages Plains had a dollar velocity lower than the national average – Plains averaged $304 per store per week through Q2 2015 Plains had a volume velocity lower than the national average – Plains averaged 282 units per store per week through Q2 2015 7 Lower Dollars and Units Per Store Per Week in Plains Presents Opportunity for Growth

8 Plains: 2013-Q1 through 2015-Q2 Units vs. ASP Retail Units – The peak quarter was 2015-Q2 at 26MM units when ASP was $1.08/unit – The lowest quarter was 2013-Q4 at 13MM units when ASP was at $1.26/unit ASP – Lowest ASP to date occurred during 2013-Q1, $1.01/unit – Highest ASP to date occurred during 2013-Q4 at $1.26/unit 8


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