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In Q3, consumer goods companies across all sectors, except for median Apparel & Luxury, grew their top and bottom line. Renewed growth continues to reflect the strength of consumer spending and continued price elevation. At the same time, companies also expanded margins as costs continue to recede, organizations optimize workforces and structures, and integration of AI/ML expands to drive more efficient operations.
The big question that many companies now face is what will the impact of a new Presidential Administration be? Can trends continue into 2025 with pro-growth tax and regulatory changes or will looming tariff risk and the resulting threat of trade war trigger a pullback as both companies and consumers adjust to what increasingly appear to be significant policy changes ahead?
On a monthly basis, AlixPartners charts sales, sentiment and supply chains in consumer-facing businesses. Learn more about the Consumer Products Corner newsletter and read previous articles, here.
