Hygiene products see uptick on second wave
April 26, 2021
The demand for home-care products and sanitisers sees a surge in April
As the country battles the second wave of the pandemic, FMCG companies – large and small – are witnessing an uptick in demand for hygiene products, including sanitisers and hand washes.
Sanitiser sales
According to data sourced from Bizom, a retail intelligence platform that tracks sales at kirana stores, the demand for sanitisers and home-care products in April is higher than the levels that was seen in the last two quarters. The data show that sales of sanitisers alone had surged 12.5 times, compared to the pre-lockdown levels between April and June, and 5.2 times compared to the pre-lockdown levels in July-September. However, by January-March this year, sanitiser sales had stabilised to 2.3 times of the pre-lockdown levels.
In a report released today, Laura Martin from Needham assigned a Buy rating to World Wrestling (WWE – Research Report), with a price target of $65.00. The company’s shares closed last Thursday at $56.22.
According to TipRanks.com, Martin is a top 100 analyst with an average return of 29.4% and a 65.8% success rate. Martin covers the Services sector, focusing on stocks such as Peloton Interactive, CuriosityStream, and Walt Disney.
World Wrestling has an analyst consensus of Moderate Buy, with a price target consensus of $58.17, a 3.0% upside from current levels. In a report issued on April 8, MKM Partners also maintained a Buy rating on the stock with a $65.00 price target.
People Moves: Marze to Dwight Andrus Insurance; BenefitMall Adds Mitchell, Promotes Sims April 23, 2021
Dwight Andrus Insurance
Dwight Andrus Insurance in Lafayette, Louisiana, has added Hayden Marze as a commercial lines producer. Hayden has prior business-to-business sales experience in the oil and gas and aviation industries.
An independent insurance agency founded in 1945, Dwight Andrus Insurance serves Louisiana and surrounding states through six offices.
BenefitMall
Dallas-based employee benefits provider, BenefitMall, has added Randal Mitchell in its Consumer Products Division as sales manager and promoted Alvin Sims to business development executive.
As sales manager, Mitchell is responsible for the overall sales and growth of the Consumer Product Division, as well as directly managing and leading the national sales team. He has more than 35 years in the health insurance sales industry.
BenefitMall Brings Industry Leading Sales Executive to Consumer Products Division, Expands Business Development Team
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DALLAS, April 22, 2021 /PRNewswire/
BenefitMall, the leading provider of next-generation broker services, today announced the addition of Randal Mitchell to the Consumer Products Division as Sales Manager and the promotion of Alvin Sims to a Business Development Executive. As we continue to look for opportunities to enhance the services we provide for our brokers and their clients, we also must ensure we attract and retain high quality, talented executives that will help us be more innovative, forward thinking and solution oriented, said Roni Jernigan, Director of the Consumer Products Division at BenefitMall. We are excited to welcome Randal to the BenefitMall family as well as continue to foster Alvin s career growth within the organization.