Goldman Sachs: Inflation Strains Show in Q1 Convenience Channel Survey

The convenience channel began to see early signs of inflationary strain on consumer spending during Q1, according to the latest Beverage Bytes survey from Goldman Sachs Equity Research. According to the report, based on feedback from retailers representing nearly 42,000 c-stores around the country, beverage sales rose sequentially during the first quarter of the year.
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