J P M O R G A N North America Equity Research 21 July 2026 US Food Producers – Circana Quick Take Period Ended 7/12/26 Circana (Circana, OmniMarketTotal Market View MULO+ and Convenience) released new bi-weekly data; please see the charts and tables below. As a reminder, Circana data do not measure all channels, are measurements of retail takeaway (not wholesale), and are exclusive to the US. Food Producers & Retailers Thomas Palmer, CFA AC (1-212) 622-5582 thomas.palmer@jpmorgan.com Brandon Cohen, CPA (1-2 ...

J P M O R G A N North America Equity Research 21 July 2026 US Food Producers and Retailers – Shipments vs. Scanner What Circana Data Tell Us About How Revenues Are Tracking In this note, we update our analysis of Circana data (Circana, OmniMarketTotal Market View MULO+ and Convenience) to forecast actual revenues. For food retailers, we look at regionally weighted Circana data for the food retail channel as a read-through for ID sales. For food producers, we estimate how revenues are progressing quarter to ...