Interview Highlights: Alexia Howard of Sanford C. Bernstein & Co. on Consumer Staples & Retail

September 6, 2016

Alexia Howard covers packaged food companies. She says for the traditional large packaged food companies, the themes are cost cutting, margin expansion and dealmaking. Ms. Howard says valuations are high right now, which is leading to concerns among investors. She is expecting more M&A in the industry. Near to medium term, she says there is real opportunity for margin expansion because of company cost-cutting potential.

Full interview available here.