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Zacks News
Philip Morris (PM) Q4 Earnings Miss, Sales Beat Estimates
by Zacks Equity Research
Philip Morris International Inc. (PM) reported adjusted fourth-quarter 2016 earnings per share of $1.10, missing the Zacks Consensus Estimate of $1.11 by a penny.
Estee Lauder (EL) Beats Earnings, Cuts View on Currency Woes
by Zacks Equity Research
Estee Lauder Companies Inc. (EL) posted mixed second-quarter fiscal 2017 results, wherein earnings beat the Zacks Consensus Estimate, revenues missed the same.
Altria (MO) Q4 Earnings Beat, Revenues Miss Estimates
by Zacks Equity Research
Altria Inc.'s (MO) fourth-quarter 2016 adjusted earnings of 68 cents per share beat the Zacks Consensus Estimate of 67 cents by a penny.
Tyson Foods (TSN) to Report Q1 Earnings: What Lies in Store?
by Zacks Equity Research
Tyson Foods, Inc. (TSN) is slated to release first-quarter fiscal 2017 results on Feb 6, 2017.
Will Sysco (SYY) Q2 Earnings Surprise Despite Headwinds?
by Zacks Equity Research
Sysco Corporation (SYY) is set to report second-quarter fiscal 2017 results before the opening bell on Feb 6. Last quarter, this global food products maker and distributor posted a positive earnings surprise of 13.56%.
Unilever (UN) Q4 Sales Weak on Adverse Market Conditions
by Zacks Equity Research
Unilever N.V. (UN) has posted weak results. In the fourth-quarter 2016, Unilever's organic sales increased 2.2%, on a constant currency basis.
McCormick (MKC) Q4 Earnings Meet, Sales Miss Estimates
by Zacks Equity Research
McCormick & Co. Inc. (MKC) posted fourth-quarter 2016 results, wherein the company reported in-line earnings but revenues lagged the Zacks Consensus Estimate.
Altria Shares March Higher on Sherman Buyout, Bright View
by Zacks Equity Research
Tobacco giant, Altria Group Inc.'s (MO) shares have been rising ever since the Marlboro owner has acquired the premium cigarette brand Nat Sherman on Jan 18, 2017.
Why Is ConAgra Foods (CAG) Down 1.5% Since the Last Earnings Report?
by Zacks Equity Research
ConAgra Foods (CAG) reported earnings about a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
Reynolds (RAI) Touches 52-Week High on Merger Agreement
by Zacks Equity Research
Tobacco giant, Reynolds American Inc.'s (RAI) shares have been on the rise ever since the Camel and Pall Mall owner inked a merger agreement with British American Tobacco (BTI) on Jan 16, 2017.
TreeHouse Foods Down to Sell Due to Near-Term Headwinds
by Zacks Equity Research
On Jan 20, TreeHouse Foods, Inc. (THS) was downgraded to a Zacks Rank #4 (Sell), probably due to industry-wide headwinds and gross margin pressure.
Helen of Troy (HELE) Poised to Grow in 2017: Time to Buy?
by Zacks Equity Research
Consumer products company, Helen of Troy Limited (HELE) seems to be a good choice for investors to hold onto seeking growth in 2017.
Mondelez Vends Grocery Brands to Australia's Bega Cheese
by Zacks Equity Research
Mondelez International, Inc. (MDLZ) has entered into a deal to vend its grocery product businesses in Australia and New Zealand to dairy company Bega Cheese Ltd.
Altria Expands Premium Cigarette Category with Sherman Buy
by Zacks Equity Research
Tobacco giant, Altria Group Inc. (MO) has taken over privately-held Sherman Group Holdings, LLC and its subsidiaries (Nat Sherman) in an attempt to expand its premium smokeable category.
Pinnacle Foods (PF) Stock Could Be a Great Pick: Here's Why
by Zacks Equity Research
Shares of Pinnacle Foods, Inc. (PF) gained 27.2% over the past one year, outperforming the Zacks categorized Food-Miscellaneous/Diversified industry which witnessed an improvement of 12.7% over the same time frame. The rally was driven by Pinnacle's impressive earnings history, robust acquisitions and solid growth strategies.
Reynolds (RAI) Downgraded to Sell on Macro Headwinds
by Zacks Equity Research
Tobacco maker, Reynolds American Inc. (RAI) seems to have hit a rough patch at the moment.
General Mills: Will the Strategic Initiatives Boost Sales?
by Zacks Equity Research
General Mills (GIS) is currently pursuing many multi-year restructuring initiatives focused at improving operational efficiency. Will it support growth?
Estee Lauder (EL) Gains Despite Headwinds: Time to Hold?
by Zacks Equity Research
Cosmetics giant, Estee Lauder Companies Inc. (EL) has been in troubled waters lately. Lackluster retail growth in Hong Kong and China, lower tourist rates in New York and Florida.
Conagra's (CAG) Growth Initiatives Look Good: Time to Buy?
by Zacks Equity Research
On Jan 10, 2017, Zacks Investment Research upgraded Conagra Brands, Inc. (CAG) to a Zacks Rank #2 (Buy) from a Zacks Rank #5 (Strong Sell).
Brown-Forman's Growth Efforts on Track Amid Currency Woes
by Zacks Equity Research
Brown-Forman Corporation (BF.B) is renowned for its solid brand portfolio, expansion endeavors and shareholder-friendly moves.
Will the New Product Lineup Help Kellogg (K) Revive Sales?
by Zacks Equity Research
Kellogg Company (K) will be launching more than 50 new cereals, snacks and frozen food products this month.
Top Ranked Income Stocks to Buy for January 11th
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 11th:
Will Kellogg's Pringles LOUD Help Revive Snack Business?
by Zacks Equity Research
Pringles, one of the major brands of Kellogg Company (K), recently introduced Pringles LOUD -- a corn grain & veggie-based crisps.
Conagra or Ingredion: Which Stock Is More Appealing?
by Zacks Equity Research
Let's try to ascertain which of these two key food players -- Conagra Foods, Inc. (CAG) and Ingredion, Inc. (INGR) -- presently make for a better investment option in face of the headwinds plaguing the food industry.
TreeHouse Foods Amends 'Best By Date' in Recalled Products
by Zacks Equity Research
TreeHouse Foods, Inc. (THS) recently amended the 'Best By Dates' of the voluntarily recalled macaroni and cheese cup products.