Key facts
- Essity's sales volumes and prices in the US fell during its third quarter.
- Huhtamaki Oyj's second-quarter sales in North America decreased.
- Analysts cited higher prices and remote work as factors impacting restaurant sales volumes and packaging demand.
Restaurants in the United States are buying fewer disposable cups, paper towels, and packaging supplies, indicating a slowdown in dining out. Companies that supply these goods have reported decreased demand from US businesses.
Essity, a Swedish firm, stated that the pullback in US dining affected its third-quarter sales volumes and prices. Huhtamaki Oyj, a manufacturer of disposable cups and takeout containers, also reported a decline in second-quarter sales in North America.