US yogurt brandChobani filed on November 17th with the SEC. It plans to list on the Nasdaq under the symbol CHO.
According to Renaissance Capital's estimation, the company could raise up to $1.5 billion. The joint bookrunners on the deal includes Goldman Sachs, BofA Securities, J.P. Morgan, Barclays,etc.
In July, the company confidentially filed for an IPO, and Reuters reported its valuation could exceed $10 billion.
Business Overview
Chobani, founded in 2005, is a leading Greek yogurt brand in the US. Since 2007, it has maintained its position as the #1 Greek yogurt brand. It also provides a portfolio of high-quality yogurt products.
Chobani's products come in single-serve, multi-serve, and/or multi-pack formats through approximately 95,000 retail locations in the US. Its key customers include Wal-Mart, Whole Foods, Amazon, Target, Kroger, Publix, Costco and Safeway/Albertsons. It also sells its products to various other national and regional retailers and has an international presence.
Chobani values innovation. Its trusted brand and expertise in the food value chain also helps it convert into new high-growth categories,including oat milk, coffee creamer, ready-to-drink coffee and plant-based probiotic beverage lines.
The U.S. oat milk market has experienced explosive growth in recent years and is the fastest growing segment within plant-based milk. In the 52 weeks ended October 16, 2021, it was a $376 million category, growing 79.6% year-over-year.
Chobani Oat entered the oat milk market in December 2019 and has grown to 15.1% of total Nielsen reported U.S. market share for the 13 weeks ended October 16, 2021, gaining share more quickly than it did in the yogurt category.
For the 13 weeks ended October 16, 2021, total Nielsen reported sales of Chobani Oat have grown 68% year-over year, ahead of the category and several incumbents.
Chobani's in-house production capabilities across its three plants with 1,900 dedicated people. It has a manufacturing facility in New Berlin, New York, a state-of-the-art multi-platform factory in Twin Falls, Idaho, and an additional facility in Melbourne, Australia.
It plans to add capacity to the Twin Falls, Idaho facility for yogurt, oat milk, creamer and coffee products due to increased demand for the products.
Financial Performance
Chobani's revenue grew 5.2% to $1.4 billion from 2019 to 2020. However, its net loss reached $58.7 million, as it invested back into its business.
For the nine months ended September 25, 2021, it generated net sales, net loss and Adjusted EBITDA of approximately $1,213.0 million, $24.0 million and $142.2 million, respectively.
It achieved year-over-year net sales growth of 13.8%, Adjusted EBITDA decrease of 6.2% and an increase in net loss of 12.1%.
Click to view the prospectus
$Chobani (CHO.US)$
According to Renaissance Capital's estimation, the company could raise up to $1.5 billion. The joint bookrunners on the deal includes Goldman Sachs, BofA Securities, J.P. Morgan, Barclays,etc.
In July, the company confidentially filed for an IPO, and Reuters reported its valuation could exceed $10 billion.
Business Overview
Chobani, founded in 2005, is a leading Greek yogurt brand in the US. Since 2007, it has maintained its position as the #1 Greek yogurt brand. It also provides a portfolio of high-quality yogurt products.
Chobani's products come in single-serve, multi-serve, and/or multi-pack formats through approximately 95,000 retail locations in the US. Its key customers include Wal-Mart, Whole Foods, Amazon, Target, Kroger, Publix, Costco and Safeway/Albertsons. It also sells its products to various other national and regional retailers and has an international presence.
Chobani values innovation. Its trusted brand and expertise in the food value chain also helps it convert into new high-growth categories,including oat milk, coffee creamer, ready-to-drink coffee and plant-based probiotic beverage lines.
The U.S. oat milk market has experienced explosive growth in recent years and is the fastest growing segment within plant-based milk. In the 52 weeks ended October 16, 2021, it was a $376 million category, growing 79.6% year-over-year.
Chobani Oat entered the oat milk market in December 2019 and has grown to 15.1% of total Nielsen reported U.S. market share for the 13 weeks ended October 16, 2021, gaining share more quickly than it did in the yogurt category.
For the 13 weeks ended October 16, 2021, total Nielsen reported sales of Chobani Oat have grown 68% year-over year, ahead of the category and several incumbents.
Chobani's in-house production capabilities across its three plants with 1,900 dedicated people. It has a manufacturing facility in New Berlin, New York, a state-of-the-art multi-platform factory in Twin Falls, Idaho, and an additional facility in Melbourne, Australia.
It plans to add capacity to the Twin Falls, Idaho facility for yogurt, oat milk, creamer and coffee products due to increased demand for the products.
Financial Performance
Chobani's revenue grew 5.2% to $1.4 billion from 2019 to 2020. However, its net loss reached $58.7 million, as it invested back into its business.
For the nine months ended September 25, 2021, it generated net sales, net loss and Adjusted EBITDA of approximately $1,213.0 million, $24.0 million and $142.2 million, respectively.
It achieved year-over-year net sales growth of 13.8%, Adjusted EBITDA decrease of 6.2% and an increase in net loss of 12.1%.
Click to view the prospectus
$Chobani (CHO.US)$
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6
周度市场回顾
股市在上个月消费者价格指数连续增长三十年来首次年度最大涨幅后,结束了连续五周的上涨。主要指数连续上涨五周之后下跌了0.6%,而道琼斯指数下跌了0.3%。在债券收益率上升影响市场增长之际,科技指数表现最差,下跌了0.7%。
The $道琼斯指数 (.DJI.US)$ 上周道琼斯指数下跌了0.6%,而沃尔玛下跌了0.3%。科技指数成为主要表现不佳的指数,因为债券收益率上升削弱了市场增长。 $标普500指数 (.SPX.US)$ 股市在上个月消费者价格指数连续增长三十年来首次年度最大涨幅后,结束了连续五周的上涨。科技指数表现最差,下跌了0.7%。 $纳斯达克综合指数 (.IXIC.US)$ 股市在上个月消费者价格指数连续增长三十年来首次年度最大涨幅后,结束了连续五周的上涨。科技指数表现最差,下跌了0.7%。
这里是标普500部门的回报情况
本周关注重点
第三季度财报季正在进入零售商主导每日报告的阶段。重要公司将包括 Advance Auto Parts 星期一, 沃尔玛 和 家得宝 在星期二。然后 目标, Lowe's, and TJX 周三报告 baba n3411 周四发布。
本周财报日历中的非零售亮点将包括 Lucid Group 和 泰森食品 周一, 英伟达 和 思科系统 周三,而且 应用材料 星期四。
本周经济数据发布包括人口普查局的 十月零售销售报告 在星期二和 以及十月份星期四发布的美国经济领先指数 预计两者都将从九月份上涨0.8%。
周一 11/15
$Advance Auto Parts (AAP.US)$ , $Lucid Group (LCID.US)$ , $泰森食品 (TSN.US)$ , and $华纳音乐 (WMG.US)$ 发布季度业绩报告。
$自动数据处理 (ADP.US)$ 在新泽西州罗斯兰举办2021年投资人日活动。
周二 11/16
$沃尔玛 (WMT.US)$ 在开盘前公布2022财年第三季度收益。尽管沃尔玛提高了全年指引,该零售巨头的股票今年落后于标普500指数21个百分点。
$家得宝 (HD.US)$ 和 $TransDigm (TDG.US)$ 报告财报。
$芝加哥期权交易所 (CBOE.US)$, $Enphase Energy (ENPH.US)$, $哈特福德金融 (HIG.US)$, and $高通 (QCOM.US)$ 举行年度投资者日。
$施贵宝 (BMY.US)$ baba n3411在纽约举行投资者会议。首席执行官Giovanni Caforio将讨论公司的药物管道和战略机会。
国家住宅建筑师协会发布11月份的NAHB/Wells Fargo住房市场指数。预计共识值为80,与10月的数据持平。该指数与去年年底的峰值相比下跌了约10%,但住宅建筑商对住房市场依然看好。
人口普查局将发布十月零售销售支出的报告。预计零售销售将环比增长0.8%。不包括汽车在内的支出预计将增长0.9%。相比之下,分别为9月的增长率为0.7%和0.8%。
周三, 11/17
$思科 (CSCO.US)$ , $劳氏 (LOW.US)$ , $英伟达 (NVDA.US)$ , $塔吉特 (TGT.US)$ , and $TJX公司 (TJX.US)$ 宣布季度业绩。
人口普查局将发布十月新住宅建设数据。经济学家预测,私人拥有的住房开工率将增长2.2%,达到159万的季节性调整年率。
星期四 11/18
$阿里巴巴 (BABA.US)$ , $应用材料 (AMAT.US)$ , $财捷 (INTU.US)$ , $京东 (JD.US)$ , $罗斯百货 (ROST.US)$ , and $Workday (WDAY.US)$ 举行电话会议讨论收益。
$高知特 (CTSH.US)$ , $英格索兰 (IR.US)$ , and $史赛克 (SYK.US)$ 举办投资者会议。
$强生 (JNJ.US)$ 举行投资者会议,讨论其制药业务。
Liberty Media在纽约举办年度投资者会议。参加活动的公司包括Liberty所有的公司以及Liberty持有重要股份的公司,包括亚特兰大勇士队。 $特许通讯 (CHTR.US)$, $Live Nation Entertainment (LYV.US)$, and $猫途鹰 (TRIP.US)$.
The Conference Board发布10月领先经济指数。共识预期为月度增长0.8%,达到118.4。The Conference Board目前预计今年GDP增长率为5.7%。
星期五 11/19
$富乐客 (FL.US)$ 报告财报日历,财务第三季度的营收。
来源:CNBC,道琼斯新闻,jhinvestments
股市在上个月消费者价格指数连续增长三十年来首次年度最大涨幅后,结束了连续五周的上涨。主要指数连续上涨五周之后下跌了0.6%,而道琼斯指数下跌了0.3%。在债券收益率上升影响市场增长之际,科技指数表现最差,下跌了0.7%。
The $道琼斯指数 (.DJI.US)$ 上周道琼斯指数下跌了0.6%,而沃尔玛下跌了0.3%。科技指数成为主要表现不佳的指数,因为债券收益率上升削弱了市场增长。 $标普500指数 (.SPX.US)$ 股市在上个月消费者价格指数连续增长三十年来首次年度最大涨幅后,结束了连续五周的上涨。科技指数表现最差,下跌了0.7%。 $纳斯达克综合指数 (.IXIC.US)$ 股市在上个月消费者价格指数连续增长三十年来首次年度最大涨幅后,结束了连续五周的上涨。科技指数表现最差,下跌了0.7%。
这里是标普500部门的回报情况
本周关注重点
第三季度财报季正在进入零售商主导每日报告的阶段。重要公司将包括 Advance Auto Parts 星期一, 沃尔玛 和 家得宝 在星期二。然后 目标, Lowe's, and TJX 周三报告 baba n3411 周四发布。
本周财报日历中的非零售亮点将包括 Lucid Group 和 泰森食品 周一, 英伟达 和 思科系统 周三,而且 应用材料 星期四。
本周经济数据发布包括人口普查局的 十月零售销售报告 在星期二和 以及十月份星期四发布的美国经济领先指数 预计两者都将从九月份上涨0.8%。
周一 11/15
$Advance Auto Parts (AAP.US)$ , $Lucid Group (LCID.US)$ , $泰森食品 (TSN.US)$ , and $华纳音乐 (WMG.US)$ 发布季度业绩报告。
$自动数据处理 (ADP.US)$ 在新泽西州罗斯兰举办2021年投资人日活动。
周二 11/16
$沃尔玛 (WMT.US)$ 在开盘前公布2022财年第三季度收益。尽管沃尔玛提高了全年指引,该零售巨头的股票今年落后于标普500指数21个百分点。
$家得宝 (HD.US)$ 和 $TransDigm (TDG.US)$ 报告财报。
$芝加哥期权交易所 (CBOE.US)$, $Enphase Energy (ENPH.US)$, $哈特福德金融 (HIG.US)$, and $高通 (QCOM.US)$ 举行年度投资者日。
$施贵宝 (BMY.US)$ baba n3411在纽约举行投资者会议。首席执行官Giovanni Caforio将讨论公司的药物管道和战略机会。
国家住宅建筑师协会发布11月份的NAHB/Wells Fargo住房市场指数。预计共识值为80,与10月的数据持平。该指数与去年年底的峰值相比下跌了约10%,但住宅建筑商对住房市场依然看好。
人口普查局将发布十月零售销售支出的报告。预计零售销售将环比增长0.8%。不包括汽车在内的支出预计将增长0.9%。相比之下,分别为9月的增长率为0.7%和0.8%。
周三, 11/17
$思科 (CSCO.US)$ , $劳氏 (LOW.US)$ , $英伟达 (NVDA.US)$ , $塔吉特 (TGT.US)$ , and $TJX公司 (TJX.US)$ 宣布季度业绩。
人口普查局将发布十月新住宅建设数据。经济学家预测,私人拥有的住房开工率将增长2.2%,达到159万的季节性调整年率。
星期四 11/18
$阿里巴巴 (BABA.US)$ , $应用材料 (AMAT.US)$ , $财捷 (INTU.US)$ , $京东 (JD.US)$ , $罗斯百货 (ROST.US)$ , and $Workday (WDAY.US)$ 举行电话会议讨论收益。
$高知特 (CTSH.US)$ , $英格索兰 (IR.US)$ , and $史赛克 (SYK.US)$ 举办投资者会议。
$强生 (JNJ.US)$ 举行投资者会议,讨论其制药业务。
Liberty Media在纽约举办年度投资者会议。参加活动的公司包括Liberty所有的公司以及Liberty持有重要股份的公司,包括亚特兰大勇士队。 $特许通讯 (CHTR.US)$, $Live Nation Entertainment (LYV.US)$, and $猫途鹰 (TRIP.US)$.
The Conference Board发布10月领先经济指数。共识预期为月度增长0.8%,达到118.4。The Conference Board目前预计今年GDP增长率为5.7%。
星期五 11/19
$富乐客 (FL.US)$ 报告财报日历,财务第三季度的营收。
来源:CNBC,道琼斯新闻,jhinvestments
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10
显然,特朗普将在《The Ari Hoffman Show》上亮相。
这会让特朗普的概念股飞向月球吗?
$Digital World Acquisition Corp (DWAC.US)$已经上涨10%,今天的盘后交易是否会回到三位数?
你认为怎么样?
这会让特朗普的概念股飞向月球吗?
$Digital World Acquisition Corp (DWAC.US)$已经上涨10%,今天的盘后交易是否会回到三位数?
你认为怎么样?
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7
$Meta Platforms (FB.US)$ 计划下周更改公司名字,以反映其对元宇宙的专注。但一个著名公司为什么会突然更改其名称呢?是不是应该换掉CEO呢? $苹果 (AAPL.US)$ 绝不可能把自己的名字改成香蕉,对吧?
我猜Facebook想要摆脱最近声誉受损的局面。我依然记得它长达数小时的服务中断,国会的审查以及公众的批评。这些是不能靠改名来解决的。 我肯定会把我的钱投入到苹果等其他市值巨大的科技股中。 $微软 (MSFT.US)$, $亚马逊 (AMZN.US)$ 和 $谷歌-A (GOOGL.US)$ 与其选择Facebook!
但无论如何,如果你是扎克伯格,你会如何重新命名Facebook?你对Facebook感到乐观吗?为什么?
奖励来啦!留言有机会赢取奖励!
moomoo资讯团队和我将共同举办这个活动一个月!我会每天发帖,并且moomoo资讯团队会支持这个活动并提供奖励积分!我们将在工作日挑选出前2个“赞”和前3个“有见地”的评论,并在周末挑选出前10个“赞”和前10个“有见地”的评论作为赢家。
点击查看更多详情 这里查看披露信息.
跟着我一起加入最新的讨论!
我认为Cathie Wood只是幸运地赶上了科技热潮,或者说她在去年赶上了科技热潮。 !!我真的很好奇他会发些什么。
我猜Facebook想要摆脱最近声誉受损的局面。我依然记得它长达数小时的服务中断,国会的审查以及公众的批评。这些是不能靠改名来解决的。 我肯定会把我的钱投入到苹果等其他市值巨大的科技股中。 $微软 (MSFT.US)$, $亚马逊 (AMZN.US)$ 和 $谷歌-A (GOOGL.US)$ 与其选择Facebook!
但无论如何,如果你是扎克伯格,你会如何重新命名Facebook?你对Facebook感到乐观吗?为什么?
奖励来啦!留言有机会赢取奖励!
moomoo资讯团队和我将共同举办这个活动一个月!我会每天发帖,并且moomoo资讯团队会支持这个活动并提供奖励积分!我们将在工作日挑选出前2个“赞”和前3个“有见地”的评论,并在周末挑选出前10个“赞”和前10个“有见地”的评论作为赢家。
点击查看更多详情 这里查看披露信息.
跟着我一起加入最新的讨论!
我认为Cathie Wood只是幸运地赶上了科技热潮,或者说她在去年赶上了科技热潮。 !!我真的很好奇他会发些什么。
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95