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Zacks News
Sysco Gains on Solid U.S. Foodservice Unit Amid High Costs
by Zacks Equity Research
Sysco (SYY) is benefiting from its four core strategies and strong U.S. Foodservice unit. However, mixed International unit's performance and high costs are concerns.
Conagra (CAG) Gains on Portfolio Refinement, Costs High
by Zacks Equity Research
Conagra (CAG) is boosting competency by acquiring high-margin businesses and selling the less profitable ones to reshape portfolio. However, soft Foodservice sales and costs remain concerns.
Kraft Heinz (KHC) Stock Continues to Fall: When Will the Bleeding Stop?
by Christopher Vargas
Kraft Heinz (KHC) shares closed down 0.53% through intraday trading Monday as the stock continues to plummet following the release of its earnings report.
Food Stocks Lined Up for Earnings: SYY, HRL, SJM & CPB
by Zacks Equity Research
Rising input costs are troubling most companies in the food space. Nevertheless, cost-saving and brand-augmenting efforts are expected to offer respite.
Garmin, Harley-Davidson, Beyond Meat, Campbell Soup and General Mills highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Garmin, Harley-Davidson, Beyond Meat, Campbell Soup and General Mills highlighted as Zacks Bull and Bear of the Day
Beyond Meat Has a Good Problem, Too Bad Investors Don't Like It
by Sejuti Banerjea
Beyond Meat is issuing shares to help it increase capacity and continue selling an ever-growing number of burger patties.
Kellogg (K) Q2 Earnings Beat Estimates, Sales Improve Y/Y
by Zacks Equity Research
Kellogg's (K) second-quarter 2019 results gain from the consolidation of Multipro. However, high input costs and adverse currency rates are drags.
Archer Daniels (ADM) Q2 Earnings Miss Estimates, Down Y/Y
by Zacks Equity Research
Archer Daniels (ADM) posts dismal results in second-quarter 2019 owing to the adverse impact of unfavorable weather conditions in North America and weak ethanol industry.
Pilgrim's Pride (PPC) Q2 Earnings and Revenues Rise Y/Y
by Zacks Equity Research
Pilgrim's Pride's (PPC) Q2 sales and earnings benefit from strong U.S and Mexican operations.
Church & Dwight (CHD) Q2 Earnings Top Estimates, Sales Up Y/Y
by Zacks Equity Research
Church & Dwight's (CHD) earnings and sales improve in Q2, backed by gains from most product categories.
Service Corporation (SCI) Q2 Earnings In Line, Revenues Top
by Zacks Equity Research
Service Corporation's (SCI) second-quarter results show in-line earnings but a revenue beat. Meanwhile, management raises its FY19 view.
Hershey (HSY) Down on Weak View, Despite Q2 Earnings Beat
by Zacks Equity Research
Hershey's (HSY) Q2 results benefit from improved volumes, while currency is a drag. Also, management provides unimpressive view for fiscal 2019.
Lamb Weston (LW) Beats Earnings in Q4, Sales Improve Y/Y
by Zacks Equity Research
Lamb Weston's (LW) Q4 earnings and sales improve year over year, backed by improved volumes and price/mix in the Global and Foodservice segments.
Kimberly-Clark (KMB) Beats on Q2 Earnings, Raises Outlook
by Zacks Equity Research
Kimberly-Clark's (KMB) second-quarter performance marked robust organic sales growth, improved gross margin, cost savings efforts and increase investments in brands.
Philip Morris (PM) Q2 Earnings Top Estimates, Raises View
by Zacks Equity Research
Philip Morris' (PM) Q2 results gain from growth in heated tobacco units and favorable pricing. However, decline in cigarette shipment volumes were a drag.
Mondelez Concludes Buyout of Majority Stake in Perfect Snacks
by Zacks Equity Research
Mondelez (MDLZ) concludes the buyout of Perfect Snacks, which will help strengthen its presence in the U.S. refrigerated snacks space.
Campbell (CPB) to Sell Kelsen, Progresses With Restructuring
by Zacks Equity Research
Campbell (CPB) focuses on exiting non-key businesses, in line with board-led strategies. The company announces deal to sell Kelsen Group.
Campbell Soup Sees Hammer Chart Pattern: Time to Buy?
by Zacks Equity Research
Campbell Soup Company (CPB) has been struggling lately, but the selling pressure may be coming to an end soon.
Pork and Turkey Market Woes Hurt Hormel Foods' Prospects
by Zacks Equity Research
Hormel Foods (HRL) hurt by unstable market conditions in the pork and turkey markets. Also, rising input costs are a drag.
Helen of Troy (HELE) Beats on Q1 Earnings & Sales, Ups View
by Zacks Equity Research
Helen of Troy's (HELE) Q1 results gain from solid performance in the Housewares unit and growth in leadership brands.
TreeHouse Foods (THS) Announces Snacks Division Divestiture
by Zacks Equity Research
TreeHouse Foods (THS) inks deal with Atlas Holdings for divestiture of its snacks unit.
Lamb Weston Down More Than 7% in 6 Months: Can It Recover?
by Zacks Equity Research
Lamb Weston (LW) focuses on enhancing capacity, undertaking innovation and boosting LTOs. However, costs continue to rise in Europe.
Nu Skin Gains from Product Launches, Currency Rates Hurt
by Zacks Equity Research
Nu Skin's (NUS) customer base rises steadily, courtesy of effective marketing strategies and launches. However, adverse impacts of currency rates are concerns.
Kellogg (K) Looks Good: Stock Adds 6.3% in Session
by Zacks Equity Research
Kellogg (K) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
Dean Foods Down 56% in 3 Months: Can Efforts Aid Revival?
by Zacks Equity Research
Dean Foods (DF) is grappling with cost inflation and soft volumes. However, the company is on track with its comprehensive productivity program, including OPEX 2020 and company-wide initiatives.