NEW YORK, October 26, 2012 - The WhiteWave Foods Company, a consumer packaged food and beverage company with leading brands in plant-based foods and beverages, coffee creamers and beverages and premium dairy products, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol "WWAV" after its initial public offering. Barclays is the Designated Market Maker for the company's stock. Chief Executive Officer Gregg L. Engles, joined by members of WhiteWave's leadership team, celebrated the company's first day of trading by ringing The Opening BellSM and visiting the NYSE trading floor for the stock opening. About The WhiteWave Foods Company The WhiteWave Foods Company is a leading consumer packaged food and beverage company that manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. The Company is focused on providing consumers with innovative, great-tasting food and beverage choices that meet their increasing desires for nutritious, flavorful, convenient, and responsibly produced products. WhiteWave's widely-recognized, leading brands distributed in North America include Silk® plant-based foods and beverages, International Delight® and LAND O LAKES® coffee creamers and beverages, and Horizon Organic® premium dairy products. Its popular European brands of plant-based foods and beverages include Alpro® and Provamel®.
A perfect storm is brewing in the refrgerated aisle at your local supermarket.
Over the past year, sales of milk substitutesbroke the billion-dollar threshold,according to Chicago-based market-research firm IRI.Most significant, almond is on the upswing, with Silk’s Pure Almondmilk outselling Silk’s Soymilk at supermarkets and mass-market retailers
for the first time.The company’s almond alternative made a 49 percent jump in unit sales over the previous year.Competitor Almond Breeze comes in a close third, with a 63 percent increase in unit sales.
Compare this with 2011, when Silk’s Soymilk sales were double that
of its Almondmilk.The point: everyone’s going nuts for nuts.