Live from CAGNY 2025 with RBC Capital Markets' Nik Modi

The CPG Guys

The CPG Guys interview RBC Capital Markets' Managing Director Nik Modi at the 2025 Consumer Analyst Group of New York conference in Orlando FL.

Follow Nik Modi on LinkedIn at: https://www.linkedin.com/in/nik-modi-675926/

Follow RBC Capital Markets on LinkedIn at: https://www.linkedin.com/company/rbc-capital-markets/

Follow RBC Capital online at: https://www.rbccm.com/en/

Nik’s thoughts heading into CAGNY: https://drive.google.com/file/d/1YiOhWzZWjMiBSkfd_JB3HXWcEeCjj7IV/view?usp=drivesdk

We Ask Nik about these topics:

1. Volume Growth projections universally flat…what’s up?
2. Price Points & Inflation…how can revenue grow?
3. Private Label no one is talking about it?
4. Omnichannel - is the trend over?
5. Retail Media not mentioned?
6. Assortment mix - is innovation pipeline driving inefficient y of profitability?
7. Everyone talks M&A…where is the organic growth?
8. Focus on EBITA growth without volume growth…are layoffs imminent?
9. GLP-1
10. What is geopolitical uncertainty causing brands to do?

To learn more about CAGNY, click here: https://consumeranalystgroupny.com/

To access all of the CAGNY presentations, click here: https://drive.google.com/drive/folders/10E493RGHHjB3nwV7-Ga-t-RPCdLm719R?usp=drive_link

LA fire relief : https://www.directrelief.org/ (always research before giving)

Apply to join the Cornell retail media program https://ecornell.cornell.edu/certificates/marketing/retail-media-strategy/?utm_source=cpg+guys&utm_medium=multi-channel_campaign&utm_campaign=mktgstrat_Retail+Media+Strategy+-+CPG+Guys

CPG Guys Website: http://CPGguys.com
FMCG Guys Website: http://FMCGguys.com
CPG Scoop Website: http://CPGscoop.com
Rhea Raj’s Website: http://rhearaj.com
Lara Raj in Katseye: https://www.katseye.world/
DISCLAIMER: The content in this podcast episode is provided for general informational purposes only. By listening to our episode, you understand that no information contained in this episode should be construed as advice from CPGGUYS, LLC or the individual author, hosts, or guests, nor is it intended to be a substitute for research on any subject matter. Reference to any specific product or entity does not constitute an endorsement or recommendation by CPGGUYS, LLC. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent.

CPGGUYS LLC expressly disclaims any and all liability or responsibility for any direct, indirect, incidental, special, consequential or other damages arising out of any individual’s use of, reference to, or inability to use this podcast or the information we presented in this podcast.

Chapters

1. Live from CAGNY 2025 with RBC Capital Markets' Nik Modi (00:00:00)

2. Volume declines hitting CPG brands (00:03:21)

3. Orlando, we have a (financial commitment) problem (00:07:12)

4. Product efficacy investment vs. marketing investment (00:08:44)

5. The world of Coca-Cola (00:11:29)

6. Where is revenue growth going to come from? (00:14:35)

7. What’s the deal with private label? (00:18:19)

8. Why is no one at CAGNY talking about retail media? (00:21:12)

9. Is omnichannel still important? (00:25:35)

10. Is M&A the only road to short-term growth? (00:28:38)

11. Are layoffs the way that brands cut costs and make ebita? (00:31:58)

12. Are venture capital & private equity markets rebounding? (00:33:12)

13. What don’t CMOs understand social media? (00:36:24)

14. The impact of GLP-1 on food & beverage (00:39:22)

15. Consistency in the age of uncertainty (00:43:35)