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Zacks News
McCormick (MKC) Poised on Lucrative Buyouts, Cost-Saving Efforts
by Zacks Equity Research
McCormick (MKC) is strategically increasing its presence through acquisitions and expand portfolio. Also, it is gaining from escalated at-home cooking trends amid COVID-19.
Lamb Weston (LW) Q2 Earnings & Sales Top Estimates, Fall Y/Y
by Zacks Equity Research
Lamb Weston's (LW) second-quarter fiscal 2021 results reflect lower earnings and sales due to soft demand in the away-from-home channel stemming from reduced restaurant traffic.
Helen of Troy's (HELE) Q3 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
Helen of Troy's (HELE) third-quarter fiscal 2021 results reflect strength across the Beauty and the Health & Home segments along with gains in online business.
Conagra (CAG) Q2 Earnings Surpass Estimates, Sales Up Y/Y
by Zacks Equity Research
Conagra's (CAG) second-quarter fiscal 2021 results reflect gains from higher at-home consumption amid the pandemic. This boosted the company's retail business.
4 Food Stocks to Buy as Coronavirus Fears Rise Again
by Ritujay Ghosh
Companies BG Foods (BGS), Hain Celestial Group (HAIN) and Sprouts Farmers Market (SFM) are likely to benefit in the near term given that the coronavirus fears might once again compel people to stockpile on food items.
Strong Brands to Keep Hain Celestial (HAIN) Cheering in 2021
by Zacks Equity Research
Hain Celestial (HAIN) gains from strong brand penetration across North America and International segments. Markedly, at-home dining trends are adding gleam to the stock.
Mondelez (MDLZ) Acquires Hu to Boost Snacking Portfolio
by Zacks Equity Research
Mondelez (MDLZ) completes buyout of Hu Master Holdings. The deal will provide the company growth opportunities in chocolate along with cross-category potential in crackers.
Sprouts Farmers' (SFM) Customer-Centric Efforts Bode Well
by Zacks Equity Research
Sprouts Farmers' (SFM) strategic efforts including digitalization and expedited delivery services are expected to keep driving sales.
Strong Demand Keeps Campbell (CPB) Firm Amid Cost Worries
by Zacks Equity Research
At-home dining trends boost Campbell's (CPB) sales volumes. However, rising input costs are a hurdle.
Smucker's (SJM) Jif Brand Unveils New Product, Boosts Offerings
by Zacks Equity Research
Smucker's (SJM) iconic Jif brand introduces Jif Natural Squeeze Creamy Peanut Butter Spread. The product will be available online and at specific retailers beginning this month.
The Zacks Analyst Blog Highlights: B&G Foods, Hain Celestial, Medifast and United Natural Foods
by Zacks Equity Research
The Zacks Analyst Blog Highlights: B&G Foods, Hain Celestial, Medifast and United Natural Foods
Kraft Heinz (KHC) Looks Buoyant on Solid Demand, Growth Efforts
by Zacks Equity Research
Kraft Heinz (KHC) is benefiting from burgeoning demand amid the coronavirus pandemic. Also, its new operating model is noteworthy.
McCormick (MKC) Continues Buyout Spree, Buys FONA for $710M
by Zacks Equity Research
McCormick (MKC) acquires FONA, a leading producer of clean and natural flavors. This is set to bolster McCormick's value-added offerings and widen the flavor solutions segment.
4 Food Stocks Up More Than 50% in 2020 With Room to Grow
by Vrishali Bagree
Several food companies are gaining on higher at-home consumption amid the pandemic. Also, focus on innovation and other brand-building efforts has been backing growth for B&G Foods (BGS), Hain Celestial (HAIN), Medifast (MED) and United Natural (UNFI).
Smucker (SJM) Gains on Pandemic-Led Demand, Cost Concerns Stay
by Zacks Equity Research
Smucker (SJM) has been gaining on increased demand owing to the pandemic-led higher at-home consumption. However, the company expects a rise in SD&A expenses in fiscal 2021.
Online Grocery Sales Rise in November: 4 Stocks to Buy
by Ritujay Ghosh
Companies like Target Corporation (TGT), Hain Celestial (HAIN) and BG Foods (BGS) have been benefiting during the pandemic because of a strong online presence.
Here's How Grocery Outlet (GO) is Poised Going Into 2021
by Zacks Equity Research
Grocery Outlet (GO) is benefiting from its unique business model, store-growth endeavors and strength in product offerings.
Factors That Make Helen of Troy (HELE) a Solid Pick for 2021
by Zacks Equity Research
Helen of Troy (HELE) is focused on making solid investments in Leadership Brands. Also, strength in the online business is yielding positive results.
Product Launches Keep Hormel Foods (HRL) Poised for Growth
by Zacks Equity Research
Hormel Foods' (HRL) prudent product launches are boosting retail business, amid weak foodservice channel.
Here's Why Sysco (SYY) Appears to be Well Positioned for 2021
by Zacks Equity Research
Sysco Corporation (SYY) has been making solid efforts to manage business well amid the pandemic. The company's transformation initiatives have been yielding results.
Will General Mills (GIS) Keep Gaining on High Demand in 2021?
by Zacks Equity Research
General Mills (GIS) is poised to keep gaining from higher demand, owing to pandemic-led increased at-home consumption. Also, the company is on track with its core priorities for 2021.
Estee Lauder (EL) Up Nearly 25% YTD, Will Momentum Stay in 2021?
by Zacks Equity Research
Estee Lauder's (EL) brand teams have been fully committed to enhancing consumer experiences online since the coronavirus outbreak. Also, the company's saving efforts are yielding.
Here's Why Medifast (MED) is Likely to Sustain Solid Run in 2021
by Zacks Equity Research
Medifast (MED) has been benefiting from strength in OPTAVIA along with a focus on core growth strategies even amid the pandemic.
Zacks.com featured highlights include: Hain, Owens & Minor, Myers, Owens and ManpowerGroup
by Zacks Equity Research
Zacks.com featured highlights include: Hain, Owens & Minor, Myers, Owens and ManpowerGroup
Will Coty's (COTY) Stock Sustain the Robust Momentum in 2021?
by Zacks Equity Research
Coty (COTY) has been gaining on its solid alliances, innovation, robust cost-saving actions and e-commerce strength. These are helping the company battle troubled travel retail and soft Mass unit.