Empower your investment journey with knowledge. Subscribe to NAOS News & Insights.
By subscribing you consent to NAOS using your personal information in accordance with its Privacy Policy, a copy of which is available here.
By subscribing you consent to NAOS using your personal information in accordance with its Privacy Policy, a copy of which is available here.
“The auto dishwash segment is around twice the size of the hand dishwash segment and growing significantly faster. While we continue to drive our own market share gains in hand dishwash, it's clear that value is shifting to the auto dish category over time”
Workwear & Workplace
“As far as macro environment, we haven't seen any real change in our customers' behaviour...So it's pretty consistent with what we have seen over the past few quarters and we are watching it very, very closely” Todd Schneider, CEO, Cintas Corp [world's largest uniform manufacturing company]
“There's the need for steel toe shoes in almost every distribution center across the globe, no matter where you are” John Vandemore, CFO, Skechers USA Inc
Technology & Corporate Spending
“While the pace of spending has changed, the fundamentals have not. All strategies continue to lead to technology” Julie Sweet, CEO, Accenture Plc
Semiconductor Supply
“Customers continue to reduce their excess inventory for memory and storage in fiscal Q4. Most customer inventories for memory and storage in the PC and smartphone markets are now at normal levels, consistent with our prior forecast. Inventory levels are normal across most customers in the automotive market as well” Sanjay Mehrotra, CEO, Micron Technology Inc
Households
“The auto dishwash segment is around twice the size of the hand dishwash segment and growing significantly faster. While we continue to drive our own market share gains in hand dishwash, it's clear that value is shifting to the auto dish category over time” Jonathan Myers, CEO, PZ Cussons Plc
“I think, moving forward, portioned coffee [capsules &pods] is really the system that’s going to prevail” Stefan Vermeulen, MD, Nespresso Oceania
Reading & Education
“Softness in the global retail book market, however, continued to depress our major markets, particularly Canada and Australia, which impacted segment results” Peter Warwick, CEO, Scholastic Corp.
Commercial & Industrial
“I saw that there was a gap in the hotel accommodation market for groups of people and families who wanted to stay together when travelling. Before this everyone was booking small hotel rooms which only accommodated two people…Today I see there are different types of travellers who like to stay together” Harry Triguboff, CEO, Meriton
“Despite increasing interest rates, we are continuing to experience strong demand for medium and large sized prime industrial property. Sydney has the tightest logistics property market of any major city in the world, with a vacancy rate of just 0.2%” Lindsay Partridge, MD, Brickworks Ltd
Join our investment community. Be the first to receive NAOS News, Podcasts, Insights and Invitations.
By subscribing, you consent to NAOS using your personal information in accordance with its Privacy Policy, a copy of which is available here.
Fashion
“In times when discretionary spend is challenging, people still shop in line with their values. If your thing is fashion and a love for fashion, you don’t want to compromise on the brands you like” Brooke Eichhorn, Head of Fashion, eBay Australia
Weather
“Again, we've seen unusually hot weather in several of our big markets, especially in Europe” Helena Helmersson, CEO, H&M AB
“Like most Australian insurers, we buy extra cover from global reinsurers to manage the risk of large-scale natural disasters. Off the back of an elevated level of natural hazard activity, insurers like Suncorp are now experiencing significantly higher reinsurance costs” Steven Johnston, CEO, Suncorp Group Ltd
“The market has experienced significant increases in reinsurance prices and excesses” Paul Johnston, CFO, Tower Insurance
Ski Resorts & Housing
“Affordable housing is a crisis in so many geographies, as you know, and in our mountain communities it continues to be challenging and a crisis in many places. It is not an easy problem to solve” Kirsten Lynch, CEO, Vail Resorts Inc
Travel
“Overall travel demand remains strong, with trading conditions in the first quarter of FY24 similar to the last quarter of FY23” Market Statement, Qantas Airways Ltd
Inflation
“Most recently in Q3 2023, we had estimated that year-over-year inflation was in the 3% to 4% range. Our estimate for Q4inflation is in the 1% to 2% range. And it's actually trended downward during the quarter. So hopefully these inflation trends will continue” Richard Galanti, CFO, Costco Wholesale Corp
“There is stress with utility prices, stress with food prices and with petrol prices… I don’t think the consumer can take this for very much longer” Solomon Lew, Exec. Chair, Premier Investments Ltd
Financial Markets
“The price for risk and liquidity is increasing, whether it's debt or equity” Todd Barlow, CEO, Washington H. Soul Pattinson and Co. Ltd
Mining & Resources
“This [increasingly lower grade iron ore being mined] means more ore needs to be mined just to stand still” Mike Henry, CEO, BHP Group Ltd
“BHP’s estimate is that under a plausible 1.5 degree [global warming] scenario, the copper industry could require around $US250 billion ingrowth capital over the next seven years to 2030. That is over and above sustaining capital. But currently committed growth projects over this period only amount to around $US40 or $US50 billion today” Mike Henry, CEO, BHP Group Ltd
Join our investment community. Be the first to receive NAOS News, Insights and Invitations.
