Consumer IPOs have been on a roll in recent weeks, and private companies are taking notice.
Four consumer IPOs have raised $100 million or more since May: J&J spin-off Kenvue (KVUE), Mediterranean restaurant CAVA Group (CAVA), thrift store Savers Value Village (SVV), and most recently DTC beauty retailer ODDITY Tech (ODD). All four have done very well, averaging a stellar 55% return, compared to 29% for the year's broader group of $100+ million IPOs.
In addition to the publicly on-file Fogo Hospitality (FOGO), several private consumer companies are reportedly eyeing upcoming IPOs, including seven on our Private Company Watchlist that have provided updates in the past 90 days...
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