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Zacks News
Nu Skin (NUS) Provides Weak 2016 Sales View; CEO to Exit
by Zacks Equity Research
Nu Skin Enterprises Inc. (NUS) recently updated its financial guidance for 2016, wherein it expects sluggish sales growth and also announced the exit of its Chief Executive Officer ("CEO"). Shares of Nu Skin declined 7.2% yesterday after the news. The company also provided an initial guidance for 2017.
Coca-Cola Opens Bottling Plant in Cambodia, Invests $100M
by Zacks Equity Research
The Coca-Cola Company (KO) opened a new bottling plant in Phnom Penh, Cambodia. The investment, valued at $100 million, is part of Coca-Cola's plan to expand its production facility in the Southeast Asian country by 2018.
Will Cost Saving Initiatives Drive Hershey Company (HSY)?
by Zacks Equity Research
Hershey's (HSY) shares have gained around 9.66% year to date, compared to the 3.6% decline of the Zacks categorized Food-Confectionary industry. However, its sales trend has been weak since 2014.
General Mills Plans to Restructure, Cut 400 to 600 Jobs
by Zacks Equity Research
General Mills Inc. (GIS) announced a restructuring plan at the close of its 150th anniversary celebrations.
McCormick (MKC) Gains Despite Headwinds: Time to Hold?
by Zacks Equity Research
Despite several headwinds, McCormick & Company, Inc. (MKC) has been gaining momentum and is looking to reap long-term gains owing to acquisitions and cost savings measures.
B&G Foods (BGS) Takes Over Victoria Fine Foods for $70M
by Zacks Equity Research
B&G Foods, Inc. (BGS) has now taken over Victoria Fine Foods Holding Company and Victoria Fine Foods, LLC from Huron Capital Partners and other sellers for roughly $70 million in cash.
General Mills: Portfolio & Initiatives Solid, US Sales Low
by Zacks Equity Research
On Dec 2, we issued an updated research report on General Mills, Inc. (GIS), a global manufacturer and marketer of branded consumer food products through retail stores.
Kellogg's (K) Sales a Drag, Cost Saving Plans Bode Well
by Zacks Equity Research
Kellogg's (K) shares have been lagging the broader food market since the beginning of the year. That said, major cost saving initiatives have been generating favorable margins.
Q3 Earnings, Earnings, Earnings! BA, HLT, KO, MDLZ, AAPL
by Mark Vickery
Futures are down again in the pre-market today, following a marginally down day Tuesday, as Q3 earnings season digests the pig through the python.
Is an Improving Economy Driving Consumer Staples Stocks?
by Zacks Equity Research
Lower gas prices and increasing consumer confidence are doing the trick for a number of operators in this space.
Top 7 Research Reports for July 29, 2016
by Sheraz Mian
Today's must-read reports are for Amgen (AMGN), JPMorgan (JPM) and Mondelez (MDLZ).
Top Stock Research Reports Today - July 14th, 2016
by Sheraz Mian
Today's must-read reports are for Mondelez (MDLZ), Praxair (PX) and Fifth Third (FITB).
Stock Market News for July 01, 2016
by Zacks Equity Research
Benchmarks ended in positive territory on Thursday following expectations that Bank of England will most likely implement additional stimulus measures to boost its economy
Are Consumer Staples Stocks Poised for Strong Growth?
by Zacks Equity Research
Consumer staples stocks rebounded in the first quarter, largely reflecting the group's perceived defensive attributes in an otherwise uncertain global macroeconomic and market backdrop.
Will Global Worries Weigh on Consumer Staples Companies?
by Zacks Equity Research
Some of the consumer staples companies are impacted by accelerating competition due to the growth of low-cost, emerging-market production.
Stock Market News for March 23, 2016
by Zacks Equity Research
Benchmarks finished mostly in the red on Tuesday following a horrific terrorist attack in Brussels
Will China Concerns Weigh on Consumer Staples Companies?
by Zacks Equity Research
While earnings growth has been somewhat sluggish in 2015, the outlook for 2016 doesn't look any better due to global growth worries, primarily stemming from uncertainty in China and other emerging economies.
Will China Concerns Weigh on Consumer Staples Companies?
by Zacks Equity Research
Global growth worries have been haunting the markets lately, primarily stemming from the uncertainty in China and other emerging economies.
Consumer Staples Stock Outlook - Oct. 2015
by Zacks Equity Research
The operating performance of consumer staple companies has been disappointing lately. Last earnings season was quite weak, marked by earnings declines, sluggish growth rates and weak revenues.
Consumer Staples Stock Outlook - Oct. 2015
by Zacks Equity Research
The operating performance of consumer staple companies has been disappointing lately. Last earnings season was quite weak, marked by earnings declines, sluggish growth rates and weak revenues.
Headwinds Facing the Consumer Staple Companies
by Zacks Equity Research
Consumer spending remains anemic despite the moderate economic growth as labor market gains haven't translated into wage gains.
3 Headwinds for Consumer Staples Stocks
by Zacks Equity Research
Despite favorable weather conditions, increased consumer confidence and lower fuel prices, there are many consumer staple stocks which are suffering from continued pressure in the face of limited consumer spending, foreign exchange headwinds and declining unit volumes.