Report published September 1, 2026
Americas Consumer Staples: Goldman Sachs NielsenIQ Scanner Analysis (September 2026)
Source and citation context
- Issuer
- Goldman Sachs
- Report date
- September 1, 2026
- Analysis as of
- August 22, 2026
Authors / editors: Bonnie Herzog, Leah Jordan, CFA, Ankit Prasad, Ethan Huntley, Olivier Nicolaï, Eli Thompson, Richard Felton, CFA, Nicholas Vidger, Shanika Paul, Aman Verma
Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
NielsenIQ retail scanner data for the week ending August 22, 2026, showed total store sales up +2% YoY, with acceleration in HPC (+3.9%) and non-alcoholic beverages. Packaged Food sales decelerated to -0.4% on lower prices, while Alcohol and Tobacco sub-sectors remained negative.
Key Takeaways
- 1.Total store sales rose +2% YoY in the latest quad-week ending August 22, 2026, led by Health & Beauty Care (+5%) and Household Care (+5%), while Tobacco, Alcohol, and Produce declined.
- 2.Household and Personal Care (HPC) sales growth accelerated to +3.9% YoY (vs. +1.4% prior month), driven by +5.0% volume growth, with The Clorox Company outperforming (+8.3% sales) due to lapping prior ERP disruptions.
- 3.Packaged Food sales growth decelerated to -0.4% YoY in the quad-week due to lower pricing, though General Mills and Hershey accelerated on stronger volumes.
Table of Contents
- HPC: L4wk sales growth accelerated on YoY basis
- Beverages/Tobacco: $ sales growth trends accelerate across bevs, while cig declines stabilize
- Food: Sales decelerated in the latest quad-week
- Disclosure Appendix
Report data
Exhibit 1: Total store growth was +LSD over the past quad-week — as of August 22, 2026.
| Metric | Estimate | Context |
|---|---|---|
| Total Store Sales Growth | 2.0% | Total store sales growth across NielsenIQ FVM, Convenience Stores & Costco. |
| HPC Category Sales Growth | 3.9% | Household & Personal Care sales accelerated YoY, driven by volume growth of +5.0%. |
| Packaged Food Sales Growth | -0.4% | Packaged Food sales decelerated YoY due to softer price realization. |
| Energy Drinks Category Sales Growth | 11.4% | Energy drink category dollar sales acceleration. |
| Beer Category Sales Growth | -4.2% | Beer category sales growth remained negative in scanner channels. |
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Authors / Editors
Reported Data Context
- Total Store Sales Growth: 2.0 % (L4wk ending August 22, 2026) · Source: NielsenIQ
- HPC Category Sales Growth: 3.9 % (L4wk ending August 22, 2026) · Source: NielsenIQ
- Packaged Food Sales Growth: -0.4 % (L4wk ending August 22, 2026) · Source: NielsenIQ
- Energy Drinks Category Sales Growth: 11.4 % (L2wk ending August 22, 2026) · Source: NielsenIQ
- Beer Category Sales Growth: -4.2 % (L2wk ending August 22, 2026) · Source: NielsenIQ
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