Packaged goods have been mainstays in American households for generations. But consumer staples companies are at a crossroads — should products prioritize convenience or promote healthy living? Analyst Tim Myers, CFA, shares his view on the evolution of the industry and why companies may want to look to their past as they plan for the future.

As of May 31, 2021, Diamond Hill owned shares of Procter & Gamble Co. (The), PepsiCo, Inc. and Mondelez International, Inc. - Class A. As of March 31, 2021, Diamond Hill owned debt in Apple, Inc.

The views expressed are those of the speakers as of June 2021 and are subject to change. These opinions are not intended to be a forecast of future events, a guarantee of results, or investment advice.