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WhiteWave Foods sees huge upside with plant-based food products

Jun. 22, 2016 8:49 AM ETWhiteWave Foods (WWAV) StockWWAVBy: Clark Schultz, SA News Editor6 Comments
  • WhiteWave Foods (NYSE:WWAV) aims to generate an extra $3B in sales per year from plant-based food products as the category grows in popularity.
  • CEO Gregg Engles characterized the development of the plant-based food business as being in its early stages during his talk this week at a consumer conference. "There is significant runway to increase household penetration and broader usage by converting dairy milk households to plant-based households, targeting additional consumers into the plant-based alternative space," he noted.
  • Shares of WWAV are up 21.1% YTD.

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