Optimum Nutrition Reaches the Elusive Billion-Dollar Club | Glanbia 2022 Full-Year Update

Did Optimum Nutrition just join an ultra-exclusive club within the supplement industry? Glanbia Performance Nutrition had 2022 revenue growth of 13.9% YoY on a constant currency basis from strong pricing increases. They also benefitted from the mid-2021 acquisition of LevlUp, a gamer (esports) nutrition brand. Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Additionally, I'll dive deeper into Glanbia Performance Nutrition categorial performance (performance nutrition, healthy lifestyle, weight management, and international). I also share a collection of hot takes or things I’m left pondering about Glanbia after hearing GPN strategic priorities going forward. This includes a larger long-term prediction about Optimum Nutrition, pondering acquisition targets like MyProtein and a precision fermentation startup like Perfect Day, and explanation around why the mismanagement of BSN is only getting worse by the day. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall