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Zacks News
McCormick (MKC) Benefits from High Demand, Lucrative Buyouts
by Zacks Equity Research
McCormick (MKC) is gaining on pandemic-induced escalated at-home cooking trend. Also, effective cost-saving plans bode well amid rising costs.
Church & Dwight (CHD) Sees High Demand but Cost Woes Stay
by Zacks Equity Research
Church & Dwight (CHD) has been gaining on pandemic-led rising consumer demand and solid online business. However, high COVID-19 costs are a worry.
Zacks Industry Outlook Highlights: J.M. Smucker Co, Lamb Weston, Hain Celestial, Campbell Soup and United Natural Foods
by Zacks Equity Research
Zacks Industry Outlook Highlights: J.M. Smucker Co, Lamb Weston, Hain Celestial, Campbell Soup and United Natural Foods
United Natural (UNFI) Rallies on Q2 Earnings Beat, Higher Sales
by Zacks Equity Research
United Natural's (UNFI) second-quarter fiscal 2021 results reflect increased top and bottom lines. Solid retail demand and lower costs aid performance.
3 Food Stocks to Buy Even As Demand Conditions Moderate
by Zacks Equity Research
The Zacks Food-Miscellaneous industry grapples with rising costs along with concerns surrounding moderation in demand. However, portfolio growth efforts have been aiding The J.M. Smucker (SJM), Lamb Weston (LW) and The Hain Celestial Group (HAIN).
Lamb Weston (LW) Introduces Fresh Fries in Mercosur, Aids Growth
by Zacks Equity Research
Lamb Weston's (LW) joint venture with Sociedad Comercial del Plata in Argentina will bring the Lamb Weston brand to Foodservice across Mercosur.
Campbell's (CPB) Q2 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
Campbell's (CPB) Q2 results reflect higher earnings and sales, with strength across the Snacks as well as the Meals & Beverages segments.
Mondelez's (MDLZ) Gourmet Food Buyout to Aid Snacks Platform
by Zacks Equity Research
Mondelez (MDLZ) to acquire Gourmet Food by April 2021 to expand its snacking portfolio and improve presence across Australia and New Zealand.
The Kraft Heinz (KHC) Poised on Solid Demand & Operating Model
by Zacks Equity Research
The Kraft Heinz (KHC) is seeing rising demand for its products on pandemic-led higher at-home consumption. Also, it is committed to the operating model that was laid out last year.
United Natural (UNFI) Strengthens Partnership With Whole Foods
by Zacks Equity Research
United Natural (UNFI) extends primary wholesale grocery distribution relationship with Whole Foods till Sep 27, 2027.
B&G Foods (BGS) Q4 Earnings Miss Estimates, Sales Rise Y/Y
by Zacks Equity Research
B&G Foods (BGS) fourth-quarter fiscal 2020 results reflect earnings and sales growth on higher demand for its products amid the pandemic.
Here's How Brown-Forman (BF.B) is Placed Ahead of Q3 Earnings
by Zacks Equity Research
The shift in trends to off-premise and e-premise channels is expected to have aided Brown-Forman (BF.B) in Q3. Soft on-premise, Travel Retail and non-branded sales trends are likely to have persisted.
Medifast (MED) Q4 Earnings Match Estimates, Sales Surge Y/Y
by Zacks Equity Research
Medifast's (MED) fourth-quarter 2020 results reflect strong earnings and sales growth. Robust OPTAVIA performance, courtesy of a rise in active earning coaches, fueled results.
Sanderson Farms (SAFM) Q1 Earnings Beat Estimates, Sales Up
by Zacks Equity Research
Sanderson Farms' (SAFM) first-quarter fiscal 2021 sales reflect gains from favorable poultry prices. Also, earnings increase year over year.
The J.M. Smucker (SJM) Raises View on Q3 Earnings & Sales Beat
by Zacks Equity Research
The J.M. Smucker's (SJM) third-quarter fiscal 2021 results reflect strength in the retail business due to higher at-home consumption. However, the Away From Home business remains soft amid the pandemic.
Online Grocery Sales Jump in January: 4 Solid Stocks to Buy
by Ritujay Ghosh
Although retailers have been struggling, grocery stocks like Target Corporation (TGT) and The Hain Celestial Group, Inc. (HAIN) have been benefiting since the coronavirus outbreak.
The Zacks Analyst Blog Highlights: Target, Hain Celestial, Celsius Holdings and Medifast
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Target, Hain Celestial, Celsius Holdings and Medifast
E-commerce Drives Grocery Sales in January: 4 Stocks to Buy
by Ritujay Ghosh
Although retailers have been struggling, grocery stocks like Target Corporation (TGT) and The Hain Celestial Group, Inc. (HAIN) have been benefiting since the coronavirus outbreak.
Hormel Foods (HRL) Q1 Earnings Beat Estimates, Sales up Y/Y
by Zacks Equity Research
Hormel Foods' (HRL) first-quarter fiscal 2021 results reflect higher net sales driven by growth across all segments. However, earnings fell year over year.
General Mills (GIS) Poised on High Demand, Accelerate Strategy
by Zacks Equity Research
General Mills (GIS) is witnessing rising demand owing to higher at-home consumption amid COVID-19. Also, its recently-unveiled Accelerate strategy looks impressive.
Hormel Foods (HRL) on Track With Product Launches to Aid Growth
by Zacks Equity Research
Hormel Foods' (HRL) Hormel pretzel bites and cheese tray launch is likely to boost assortment strength and help it cater to growing snack demand.
Campbell (CPB) Benefits from Rising Demand, Hurt by Costs
by Zacks Equity Research
Campbell (CPB) is witnessing volume growth across its segments, on account of high demand conditions led by the pandemic.
TreeHouse Foods (THS) Q4 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
TreeHouse Foods (THS) fourth-quarter 2020 performance reflect gains from strong retail demand across segments.
Flowers Foods (FLO) Q4 Earnings Surpass Estimates, Sales Up
by Zacks Equity Research
Flowers Foods' (FLO) fourth-quarter fiscal 2020 results reflect higher sales and earnings, courtesy of strength across branded retail business.
Tyson Foods (TSN) Q1 Earnings Top Estimates, Revenues Down Y/Y
by Zacks Equity Research
Tyson Foods' (TSN) top-line performance in first-quarter 2021 was hampered by lower sales in Chicken and Prepared Foods categories.