Diagnose
Strategy review 2027 to Choose
2031
Meridian Foods | Board strategy session Invest
Deliver
Illustrative example: fictional client and data
, Focus on the core, scale ready meals and partner in
plant-based
1
The core is maturing
Decision requested
Packaged core grew 2% a year against 5% for the market, and share is down 1.8 points since
2023
Approve the Focus and
scale path and a $320M
2
Profit is migrating investment envelope to
Ready meals and plant-based will capture 62% of category profit growth to 2031 2031
3
We can win in two places
We have a right to win in ready meals; plant-based needs a partner to reach scale
4
Recommended path
Refocus the core, scale ready meals, partner in plant-based: $2.4B revenue and 14.5%
margin by 2031
Meridian Foods | Strategy review 2027 to 2031 | Illustrative, fictional data 2
Strategy review 2027 to Choose
2031
Meridian Foods | Board strategy session Invest
Deliver
Illustrative example: fictional client and data
, Focus on the core, scale ready meals and partner in
plant-based
1
The core is maturing
Decision requested
Packaged core grew 2% a year against 5% for the market, and share is down 1.8 points since
2023
Approve the Focus and
scale path and a $320M
2
Profit is migrating investment envelope to
Ready meals and plant-based will capture 62% of category profit growth to 2031 2031
3
We can win in two places
We have a right to win in ready meals; plant-based needs a partner to reach scale
4
Recommended path
Refocus the core, scale ready meals, partner in plant-based: $2.4B revenue and 14.5%
margin by 2031
Meridian Foods | Strategy review 2027 to 2031 | Illustrative, fictional data 2
