Model ResilienceThe new model has yet to demonstrate greater resilience against traditional private label volatility (shipments timing, cost pass-through, branded competition) and downside risks to growth targets are tangible.
Net RealizationVisibility is very low into the magnitude of net realization; multiple factors can limit gross-to-net conversion including stronger cost inflation, aggressive private label bidding, and elevated branded food price promo.
Net RealizationCost savings ambition ($250 million) is achievable, but visibility is very low into the magnitude of net realization; multiple factors can limit gross-to-net conversion including stronger cost inflation, aggressive private label bidding, and elevated branded food price promo.