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Zacks News
New Strong Buy Stocks for October 24th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Thursday
Coty (COTY) Explores Professional Beauty Sale, Stock Rises
by Zacks Equity Research
Coty (COTY) intends to divest the Professional Beauty unit and associated hair brands along with Brazilian operations.
Has Hershey (HSY) Outpaced Other Consumer Staples Stocks This Year?
by Zacks Equity Research
Is (HSY) Outperforming Other Consumer Staples Stocks This Year?
Dean Foods' Savings Plans Bode Well, Soft Volumes a Worry
by Zacks Equity Research
Dean Foods (DF) is on track with its cost-productivity program and efforts to boost offerings. However, receding fluid milk volumes and rising raw milk costs are concerns.
Factors Setting the Tone for Hershey's (HSY) Q3 Earnings
by Zacks Equity Research
The Hershey Company's (HSY) third-quarter 2019 results are expected to reflect gains from Amplify and Pirate Brands buyouts. Also, innovation is anticipated to have been a key driver.
Hershey (HSY) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
Hershey (HSY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Philip Morris (PM) Q3 Earnings Top Estimates, Sales Improve Y/Y
by Zacks Equity Research
Philip Morris' (PM) Q3 results gain from growth in heated tobacco unit and favorable pricing. However, decline in cigarette shipment volumes was a drag.
Lamb Weston Forms JV in Argentina, Expansion Plans on Track
by Zacks Equity Research
Lamb Weston's (LW) new JV in Argentina will likely boost its presence in South America.
Pilgrim's Pride Gains on Prepared Foods Unit & Innovation
by Zacks Equity Research
Pilgrim's Pride (PPC) is gaining from strength in the Prepared Foods unit, expansion in the fresh foods space and efforts to improve supply chain.
McCormick Up 6% in 3 Months, Cost-Saving Efforts Add Sheen
by Zacks Equity Research
McCormick (MKC) is on track with the CCI program to boost savings. However, currency volatility is a concern.
3 Factors That Make TreeHouse Foods (THS) a Delectable Stock
by Zacks Equity Research
TreeHouse Foods (THS) has been undertaking buyouts to enhance its portfolio. Also, the company focuses on exiting underperforming businesses and shifting focus toward areas with high growth potential.
Hershey (HSY) Benefiting From Acquisitions & Saving Efforts
by Zacks Equity Research
Hershey (HSY) has been undertaking buyouts to augment portfolio and expand in the snacking category. Also, the company focuses on optimizing portfolio to increase profitability.
Why Hershey (HSY) is Poised to Beat Earnings Estimates Again
by Zacks Equity Research
Hershey (HSY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Nu Skin's Customer Base Bodes Well, Mainland China is a Worry
by Zacks Equity Research
Nu Skin (NUS) is battling headwinds in Mainland China that led to an unimpressive view for 2019. However, a rising customer base bodes well.
Philip Morris (PM) Hurt by Low Cigarette Sales, IQOS Expands
by Zacks Equity Research
Philip Morris (PM) is facing lower cigarette shipment volume, which is weighing on revenues. Nevertheless, its IQOS brand is performing well in international markets.
Lamb Weston (LW) Earnings Miss in Q1, Sales Improve Y/Y
by Zacks Equity Research
Lamb Weston's (LW) Q1 earnings and sales increase year over year, backed by improved volumes and price/mix across segments.
Kellogg (K) up 21% in 3 Months, Buyouts are Key Catalysts
by Zacks Equity Research
Kellogg's (K) top line rise on the back of buyouts and organic growth. Further, the company is on track with portfolio-restructuring efforts.
Dean Foods Hurt by Dairy Industry Woes, Down 62% in 6 Months
by Zacks Equity Research
Dean Foods (DF) is hurt by rising costs of class I raw milk and receding fluid milk volumes. Recently, the company completed a strategic review process of its business.
Altria Ends Merger Talks, Makes Changes in JUUL & 2019 View
by Zacks Equity Research
Altria (MO) scraps plans to merge with Philip Morris and announces leadership change for JUUL.
Will McCormick's (MKC) Savings Efforts Boost Q3 Earnings?
by Zacks Equity Research
McCormick's (MKC) performance in Q3 is expected to gain from savings initiatives such as CCI. However, adverse currency impacts are a concern.
Factors to Note Ahead of United Natural (UNFI) Q4 Earnings
by Zacks Equity Research
United Natural's (UNFI) fourth-quarter fiscal 2019 results are likely to be driven by SUPERVALU's buyout. However, margin woes prevail.
Campbell On Track With Restructuring, Completes Kelsen Sale
by Zacks Equity Research
Campbell's (CPB) focus on exiting non-key businesses is in line with board-led strategies. Accordingly, the company completes the deal to sell Kelsen Group.
4 Major Reasons Why Hershey is Set to Sustain Strong Momentum
by Zacks Equity Research
Hershey (HSY) regularly brings innovation to meet consumer demand. Further, the company is focusing on solidifying its footing in the growing snacking business.
Is Hershey (HSY) Stock Outpacing Its Consumer Staples Peers This Year?
by Zacks Equity Research
Is (HSY) Outperforming Other Consumer Staples Stocks This Year?
International Flavors (IFF) Affiliate LMC Acquires Speximo
by Zacks Equity Research
International Flavors (IFF) & LMC's Speximo acquisition supports consumers' desire for products with a greener profile.