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TOTAL U.S. Regional Composite. REGIONAL DATA REPORT JAN – DEC 2013 vs. 2012. Methodology. Sales and Market Data is obtained using CAST (Category Avocado Sales Trend) IRI gathers chain-wide sales across all RMAs (Retail Market Areas)
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TOTAL U.S. Regional Composite REGIONAL DATA REPORT JAN – DEC 2013 vs. 2012
Methodology • Sales and Market Data is obtained using CAST (Category Avocado Sales Trend) • IRI gathers chain-wide sales across all RMAs (Retail Market Areas) • Starting in 2013, the IRI Regions reflect an expanded retail data set which includes sales and volume from Walmart, Sam’s Club, Target and BJ’s, in addition to traditional grocery retailers • Data is entered into CAST system • Using CAST, data is queried and reported approximately every 4 weeks • Average Selling Price (ASP) is not Advertised Retail Price • Average selling price is the average of all prices including coupons, promotional pricing, club/loyalty card deals that are given at the register at the time of purchase • Categories: Total Avocados Fruit = Total Fruit excluding Avocados Produce = Total Produce including Avocados • Timeframe: YTD Q1, Q2, Q3 and Q4 (January – December) 2013 • Retail data provided by IRI / FreshLook Marketing • Important Note: IRI / FreshLook Marketing periodically restates retail data, therefore this review cannot be compared or used in conjunction with prior reviews
Total U.S.: Highlights - YTD through Q4 • Overview based on the following Regions: • California, Great Lakes, Midsouth, Northeast, Plains, Southeast, South Central, West • Total U.S. Overview • Avocado retail dollar trends through Q4 outpaced Fruit and Produce retail dollar trends • 2013 versus 2012, Avocado dollars grew +14%, which outpaced Fruit by +4 points and Produce by +7 points • Total U.S. 2013 category units were +13% higher than prior year and +52% higher than 2011 • Growth from 2011 to 2013 was primarily driven by PLUs 4225, which grew nearly +223 million units • Total U.S. 2013 category dollars were +14% higher than prior year and +26% higher than 2011 • Growth from 2011 to 2013 was primarily driven by PLU 4225 which grew +$178 million • Total U.S. 2013 category ASP of $1.04/unit was +1% higher than prior year and -18% lower than 2011 • Total U.S. Per Store Averages • 2013 Average Dollars of $19,420 per store were +12% higher than 2012 and +20% higher than 2011 • 2013 Average Units of 18,701 per store were +11% higher than 2012 and +46% higher than 2011
Total U.S.: YTD through Q4 Retail Dollar Trend Comparisons • Avocado retail dollar trends through Q4 outpaced Fruit and Produce retail dollar trends • 2012 versus 2011, Avocados outpaced Fruit and Produce by +4 points and +7 points, respectively • 2013 versus 2012, Avocados outpaced Fruit by +7 points and Produce by +6 points • 2013 versus 2011, Avocado dollars grew +26%, which outpaced Fruit and Produce by +11 points and +15 points, respectively
Total U.S.: YTD through Q4 Avocado Retail Overview Category dollars grew +10% in 2012 and +14% in 2013 for a net growth of +26% over 2011 Category units grew +35% in 2012,and +13% in 2013 for a net growth of +52% over 2011 Category average selling price (ASP) decreased -18% in 2012 and increased +1% in 2013 to $1.04/unit
Total U.S.: YTD through Q4 PLU Comparisons • Avocado Retail Units increased by +13% and over +157 million units through Q4 2013 vs. 2012. Growth was driven by PLU 4225 • PLU 4225 exhibited growth of +12% and an increase of +63 million units in through Q4 2013 vs. 2012 • Avocado Retail Dollars increased by +14% and +$179 million dollars through Q4 2013 vs. 2012. Growth was driven by PLU 4225 • PLU 4225 had a Retail Dollar increase of over +$86 million • PLU 4770 had an increase of +57% • Most PLUs were flat to up in price vs. 2012, but PLU 4046 saw a decrease at -1% to $0.78unit
Total U.S.: YTD through Q4 Category Per Store Averages * Per store averages are based on stores selling • In 2013, per store dollar and unit averages exhibited growth over the prior years • 2013 Average Dollars of $19,420 per store were +12% higher than 2012 and +20% higher than 2011 • 2013 Average Units of 18,701 per store were +11% higher than 2012 and +46% higher than 2011
Total U.S.: 2011 through Q4-2013 Per Store Averages By Quarter - Units vs. ASP * Per store averages are based on stores selling • Average Retail Units Per Store • The peak quarter was 2013-Q2 at 5,301 units per store when ASP was $0.99/unit • The lowest quarter was 2011-Q3 at 2,909 units per store when ASP was at its highest point, $1.51/unit • ASP • Lowest ASP to date occurred during 2013-Q1, $0.95/unit • Highest ASP to date occurred during 2011-Q3, $1.51/unit
Total U.S.: Highlights - YTD through Q4 • Overview based on the following Regions: • California, Great Lakes, Midsouth, Northeast, Plains, Southeast, South Central, West • Total U.S. Overview • Avocado retail dollar trends through Q4 outpaced Fruit and Produce retail dollar trends • 2013 versus 2012, Avocado dollars grew +14%, which outpaced Fruit by +4 points and Produce by +7 points • Total U.S. 2013 category units were +13% higher than prior year and +52% higher than 2011 • Growth from 2011 to 2013 was primarily driven by PLUs 4225, which grew nearly +223 million units • Total U.S. 2013 category dollars were +14% higher than prior year and +26% higher than 2011 • Growth from 2011 to 2013 was primarily driven by PLU 4225 which grew +$178 million • Total U.S. 2013 category ASP of $1.04/unit was +1% higher than prior year and -18% lower than 2011 • Total U.S. Per Store Averages • 2013 Average Dollars of $19,420 per store were +12% higher than 2012 and +20% higher than 2011 • 2013 Average Units of 18,701 per store were +11% higher than 2012 and +46% higher than 2011