Seeking Alpha

Chobani to aim high in the U.S.

  • Chobani plans to move into more food categories in the U.S. to diversify away from a yogurt-only portfolio.
  • The company will sell desserts and oatmeal products in an effort to hit all three dayparts.
  • What to watch: Chobani's growing influence in the U.S. is expected to challenge Danone (DANOY), General Mills (GIS), Post Holdings (POST), and PepsiCo (PEP) in various categories with its brand thriving. An investment from a P-E firm could help Chobani aim quite high.
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