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Zacks News
Hormel Foods (HRL) Opens New Production Unit to Boost Capacity
by Zacks Equity Research
Hormel Foods (HRL) opens Papillion Foods, a 535,000-square feet manufacturing plant, to make salami and dry sausage products.
United Natural (UNFI) Looks Solid on Higher Demand & Buyout
by Zacks Equity Research
United Natural (UNFI) is benefiting from escalated demand stemming from higher at-home consumption amid the pandemic. However, higher operating costs are headwinds.
At-Home Dining Trends to Keep These 3 Food Stocks Winning in 2021
by Vidya Nair
Favorable demand stemming from at-home dining practices amid the coronavirus pandemic is a boon for stocks like Hain Celestial (HAIN), B&G Foods (BGS) and United Natural Foods (UNFI).
Hershey's (HSY) North America Unit Solid, International Weak
by Zacks Equity Research
Hershey (HSY) has been seeing strength in its North America segment, thanks to solid volumes and pricing. However, soft traffic in retail stores and reduced travel have hurt its International segment.
Bet on These 5 Stocks With Upgraded Broker Ratings Right Now
by Swayta Shah
After thorough research, brokers rate particular company's stock. So, we pick Hain Celestial (HAIN), Owens & Minor (OMI), Myers Industries (MYE), Owens Corning (OC) and Manpower (MAN) as these witness ratings upgrade.
Favorable Demand to Keep Church & Dwight (CHD) Cheering in 2021
by Zacks Equity Research
Church & Dwight (CHD) is expected to keep gaining from favorable demand for hygiene products as well as growth in its e-commerce platform.
Mondelez (MDLZ) Gains on Effective Saving Efforts & Buyouts
by Zacks Equity Research
Mondelez (MDLZ) is benefiting from its impressive savings plan and brand-building efforts. However, unfavorable currency rates are headwinds.
Sanderson Farms (SAFM) Q4 Earnings Beat Estimates, Sales Up
by Zacks Equity Research
Sanderson Farms' (SAFM) fourth-quarter fiscal 2020 sales reflect gains from favorable trends in chicken products. However, the company continues to hurt from weak food service demand.
4 Grocery Stocks to Buy as Coronavirus Takes a Worse Turn
by Ritujay Ghosh
Although retailers have been struggling, grocery stocks like Target Corporation (TGT) and Conagra Brands Inc. (CAG) have been benefiting since the coronavirus outbreak as people have been stockpiling on essentials.
General Mills (GIS) Q2 Earnings & Sales Top Estimates, Up Y/Y
by Zacks Equity Research
General Mills' (GIS) second-quarter fiscal 2021 earnings and sales increase year over year. Results reflect rising demand stemming from increased at-home consumption amid the pandemic.
Hain Celestial (HAIN) Up More Than 50% in 1 Year: Will it Last?
by Zacks Equity Research
Hain Celestial (HAIN) is gaining from transformation efforts. It is focused on its global strategic goals and continues to make marketing investments in key brands.
TreeHouse Foods (THS) Buys New Pasta Brands, Boosts Portfolio
by Zacks Equity Research
TreeHouse Foods (THS) acquires Riviana Foods' U.S. branded pasta portfolio, which is likely to contribute 20-30 cents in the first full year.
McCormick (MKC) Benefits From Brand Strength, Saving Plans
by Zacks Equity Research
McCormick (MKC) is witnessing higher demand thanks to increased-at home consumption amid COVID-19. Also, the company's lucrative acquisitions are worth mentioning.
Campbell (CPB) to Gain From At-home Dining Trends in 2021
by Zacks Equity Research
Campbell (CPB) is witnessing volume growth in its Meals & Beverages and the Snacks segments on rising demand. Management expects such trends to continue.
Smucker (SJM) Unveils Strategic Growth Pillars, Retains View
by Zacks Equity Research
Smucker (SJM) lays down four pillars of operational priorities for the next 12-18 months to drive growth. Also, the company provides long-term financial targets.
The Zacks Analyst Blog Highlights: Target, Hain Celestial Group, B&G Foods and United Natural Foods
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Target, Hain Celestial Group, B&G Foods and United Natural Foods
United Natural's (UNFI) Q1 Earnings Miss Estimates, Sales Up
by Zacks Equity Research
United Natural's (UNFI) first-quarter fiscal 2021 results reflect higher sales, courtesy of robust consumer demand and cross-selling benefits. Also, earnings increase year over year.
Why Is Hain Celestial (HAIN) Up 14.8% Since Last Earnings Report?
by Zacks Equity Research
Hain Celestial (HAIN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Campbell (CPB) Q1 Earnings & Sales Top Estimates, Dividend Up
by Zacks Equity Research
Campbell's (CPB) Q1 results reflect higher earnings and sales, with strength across the Snacks as well as the Meals & Beverages segments, encouraging management to hike dividend by 6%.
4 Grocery Stocks to Buy as COVID-19 Takes a Worse Turn
by Ritujay Ghosh
Target Corporation (TGT), B&G Foods (BGS) and The Hain Celestial Group (HAIN) have gained over the past few months as people have been stockpiling on groceries and the trend is going to continue in the near term.
High Retail Demand Aids Kellogg (K) Amid Foodservice Declines
by Zacks Equity Research
Kellogg's (K) retail channel has been gaining on rising demand on the pandemic-led higher at-home consumption. However, soft away-from-home demand has been weighing on the foodservice channel.
Tyson Foods (TSN) Retail Business Solid, Foodservice Troubled
by Zacks Equity Research
Tyson Foods (TSN) has been gaining on solid retail business amid the pandemic-led higher at-home consumption. However, soft foodservice demand has been a concern.
Hormel Foods (HRL) Benefits From Brand Strength, Costs High
by Zacks Equity Research
Hormel Foods' (HRL) focus on product innovations are yielding. Also, the company's lucrative buyouts are noteworthy.
Smucker's (SJM) Natural Balance Business Sale to Aid Growth
by Zacks Equity Research
Smucker (SJM) expects to sell Natural Balance premium pet food business by third-quarter fiscal 2021. It intends to focus on core brands in the pet food and pet snacks portfolio.
Mondelez (MDLZ) Extends Buyback Plan to Boost Shareholder Value
by Zacks Equity Research
Mondelez (MDLZ) extends its share repurchase authorization by an additional $4 million, while also widening its validity till 2023-end.