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Zacks News
General Mills (GIS) Plans to Offload European Dough Businesses
by Zacks Equity Research
General Mills (GIS) to offload its European dough businesses to Cerelia by the end of fiscal 2022. The move is part of the company's initiatives to drive growth under the Accelerate strategy.
McCormick (MKC) Benefits From Prudent Buyouts & Cost-Savings
by Zacks Equity Research
McCormick (MKC) is expanding its portfolio through strategic acquisitions. The company's focus on cost savings also bodes well.
Hormel Foods (HRL) Rewards Shareholders With Dividend Hike
by Zacks Equity Research
Hormel Foods (HRL) rewards shareholders by raising annual dividend. Focus on strategic acquisitions is an upside.
Here's How Post Holdings (POST) is Placed Before Q4 Earnings
by Zacks Equity Research
Post Holdings' (POST) fourth-quarter performance is likely to have benefited from recovery in foodservice revenues and growth in BellRing Brands.
Zacks Earnings Trends Highlights: Procter & Gamble, Brinker International, Nike, McCormick and FedEx
by Zacks Equity Research
Zacks Earnings Trends Highlights: Procter & Gamble, Brinker International, Nike, McCormick and FedEx
A Strong Earnings Picture Amid Global Headwinds
by Sheraz Mian
Looking at Q3 as a whole, total S&P 500 earnings are expected to be up +30.3% from the same period last year on +14.1% higher revenues...
A Strong Earnings Picture Amid Global Headwinds
by Sheraz Mian
Looking at Q3 as a whole, total S&P 500 earnings are expected to be up +30.3% from the same period last year on +14.1% higher revenues....
McCormick's (MKC) Q3 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
McCormick's (MKC) third-quarter fiscal 2021 results reflect the impact of higher sales driven by growth in the Flavor Solutions and Consumer units. Management updates fiscal 2021 sales view upward.
McCormick (MKC) Tops Q3 Earnings Estimates
by Zacks Equity Research
McCormick (MKC) delivered earnings and revenue surprises of 9.59% and -0.45%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?
Factors to Watch Ahead of McCormick's (MKC) Q3 Earnings Release
by Zacks Equity Research
McCormick's (MKC) third-quarter fiscal 2021 results are likely to reflect benefits from acquisitions and foodservice demand recovery, while rising costs are a concerning factor.
Micron, Cintas, McCormick and JPMorgan are part of Zacks Earnings Preview
by Zacks Equity Research
Micron, Cintas, McCormick and JPMorgan are part of Zacks Earnings Preview
Analysts Estimate McCormick (MKC) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
McCormick (MKC) 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.
Input Cost Inflation Turns Things Sour for These Food Stocks
by Vrishali Bagree
Food companies such as Conagra (CAG), Kellogg (K), The J.M. Smucker (SJM) and TreeHouse Foods (THS) are seeing escalated input costs. Most companies are battling higher ingredients, transportation and packaging costs.
What's in the Offing for Micron Technology's (MU) Q4 Earnings?
by Zacks Equity Research
Micron's (MU) Q4 results likely to reflect benefits from significant memory chip demand from data-center operators and PC manufacturers amid the pandemic-induced work-and-learn-from-home wave.
Can McCormick (MKC) Keep the Earnings Surprise Streak Alive?
by Zacks Equity Research
McCormick (MKC) 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.
McCormick (MKC) Benefits From Prudent Buyouts & Innovations
by Zacks Equity Research
McCormick (MKC) expands its presence through acquisitions to boost portfolio. The company's focus on cost savings bodes well.
Pandemic-Led Demand Aids McCormick (MKC), High Costs Persist
by Zacks Equity Research
McCormick (MKC) is seeing higher demand amid sustained at-home consumption trend as well as recovery in away-from-home consumption. However, high costs are a concern.
4 Food Stocks Worth Relishing Despite Industry Challenges
by Vidya Nair
The Zacks Food-Miscellaneous industry is facing headwinds surrounding at-home demand moderation. Nevertheless, portfolio growth efforts have been aiding Mondelez (MDLZ), The J.M. Smucker (SJM), Lamb Weston (LW) and Darling Ingredients (DAR).
McCormick's (MKC) Q2 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
McCormick's (MKC) second-quarter fiscal 2021 results reflect the impact of higher sales driven by growth in the Flavor Solutions unit. Management raises fiscal 2021 view.
McCormick (MKC) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
McCormick's (MKC) second-quarter fiscal 2021 performance is likely to reflect gains from pandemic-led demand and prudent acquisitions. However, increased pandemic-induced costs are a worry.
Analysts Estimate McCormick (MKC) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
McCormick (MKC) 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.
Prudent Innovations Drive Conagra (CAG), High Costs Persist
by Zacks Equity Research
Solid retail business coupled with impressive innovations are upsides for Conagra (CAG). However, softness in Foodservice segment amid the pandemic is a concern.
Prudent Acquisitions Drive Mondelez (MDLZ), High Costs Persist
by Zacks Equity Research
Mondelez (MDLZ) is benefiting from its lucrative acquisitions and brand-building efforts. However, the company is grappling with pandemic-induced costs.
Why Is McCormick (MKC) Up 0.2% Since Last Earnings Report?
by Zacks Equity Research
McCormick (MKC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
McCormick (MKC) Poised on Pandemic-Led Demand, Hurt by Costs
by Zacks Equity Research
McCormick (MKC) is witnessing higher consumer demand, stemming from escalated at-home consumption amid the pandemic. However, it is grappling with COVID-19-induced costs.