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Zacks News
Procter & Gamble (PG) Beats Q3 Earnings & Sales Estimates
by Zacks Equity Research
Procter & Gamble (PG) Q3 earnings benefit from robust sales growth on improved pricing and mix as well as margin expansion. It retains the fiscal 2021 view.
Lamb Weston (LW) Gains on Retail Demand Amid Foodservice Declines
by Zacks Equity Research
Lamb Weston (LW) is gaining on high demand in the Retail unit, though its Foodservice segment has been negatively impacted by pandemic-led declines in the away-from-home food lines.
Kraft Heinz (KHC) Gains on Pandemic-Led Demand, Hurt by Costs
by Zacks Equity Research
Kraft Heinz (KHC) is witnessing rising demand thanks to the coronavirus-led higher at-home consumption. However, it is battling higher costs and softness in Canada business.
TreeHouse Foods (THS) Gains on Demand Rise, Portfolio Strength
by Zacks Equity Research
TreeHouse Foods (THS) is gaining from elevated retail demand across meal preparation as well as snacks and beverages units.
Conagra (CAG) Poised on Pandemic-Led Demand, Hurt by Costs
by Zacks Equity Research
Increasing at-home consumption trend amid the pandemic is driving Conagra's (CAG) retail business. However, softness in Foodservice segment and high costs are concerns.
Coty (COTY) Stock Rallies 30% in 3 Months: Will Momentum Stay?
by Zacks Equity Research
Coty's (COTY) growth story can be attributable to strength in its e-commerce operations and gains from partnerships. These are aiding the company amid travel retail softness due to the pandemic.
Hain Celestial's (HAIN) Non-core Assets Sale Boosts Portfolio
by Zacks Equity Research
Hain Celestial (HAIN) divests its North America non-dairy beverages brands, including Dream and Westsoy. This can strengthen its portfolio.
Nu Skin (NUS) Looks Radiant on Innovation & Solid Digital Efforts
by Zacks Equity Research
Nu Skin (NUS) is optimistic about momentum in 2021, driven by impressive product pipeline, robust digital efforts along with steady improvement in customers and sales leaders.
PepsiCo (PEP) Surpasses Q1 Earnings & Revenue Estimates
by Zacks Equity Research
PepsiCo (PEP) Q1 earnings beat estimates on strong revenues offset by soft margins. Revenues benefited from momentum in the snacking category as well as gains in the beverage business.
General Mills' (GIS) Venture Capital Unit Invests in Pots & Co
by Zacks Equity Research
General Mills' (GIS) venture capital arm 301 INC unveils plans of a multistage investment up to $20 million in Pots & Co.
Diageo (DEO) Witnesses Growth Amid Pandemic and Cost Headwinds
by Zacks Equity Research
Positive momentum in off-trade and investments in opportunities like innovation and e-commerce have been driving Diageo's (DEO) growth. Disruptions in Travel Retail and on-trade are headwinds.
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.
Inter Parfums' (IPAR) Subsidiary Acquires Office Building Complex
by Zacks Equity Research
Inter Parfums' (IPAR) subsidiary concludes the acquisition of its envisioned headquarters from Apsys for nearly $149 million. The company will host all teams in the location by spring 2022.
Will Snacks & Beverage Demand Aid PepsiCo's (PEP) Q1 Earnings?
by Zacks Equity Research
PepsiCo (PEP) looks poised for an upbeat Q1 result, backed by resilient demand for its snacking and beverage products. Also, its productivity efforts should boost profitability.
Campbell Soup (CPB) Poised on Pandemic-Led Demand, Hurt by Costs
by Zacks Equity Research
Increasing at-home cooking trend amid COVID-19 is driving Campbell Soup's (CPB) growth. However, pandemic-led expenses and cost inflation have been roadblocks for the company.
Hain Celestial (HAIN) Up 68% in a Year on Transformation Gains
by Zacks Equity Research
Hain Celestial (HAIN) is gaining from transformation efforts. The company is focused on making investments in key brands while exiting non-strategic brands.
Tyson Foods' (TSN) New Tennessee Facility to Bolster Capacity
by Zacks Equity Research
Tyson Foods (TSN) opens a poultry complex including processing plant, feed mill and hatchery in Humboldt, Tennessee. The facility will start production by April end.
Conagra (CAG) Q3 Earnings Surpass Estimates, Sales Up Y/Y
by Zacks Equity Research
Conagra's (CAG) third-quarter fiscal 2021 results reflect increased sales and earnings on gains from higher at-home consumption amid the pandemic. This boosted the company's retail business.
United Natural's (UNFI) Community Marketplace to Boost Online Sales
by Zacks Equity Research
United Natural (UNFI) launches Community Marketplace for emerging brands to help them in expanding distribution with the company's customers.
General Mills (GIS) Poised on High Demand, Accelerate Strategy
by Vrishali Bagree
General Mills (GIS) is benefiting from increased pandemic-led demand and strength in Accelerate strategy. However, high input costs and softness in the Convenience & Foodservice segment are concerns.
General Mills (GIS) Poised on High Demand, Accelerate Strategy
by Zacks Equity Research
General Mills (GIS) is benefiting from increased pandemic-led demand and strength in Accelerate strategy. However, high input costs and softness in the Convenience & Foodservice segment are concerns.
Lamb Weston (LW) Q3 Earnings Lag Estimates, Fall Year Over Year
by Zacks Equity Research
Lamb Weston's (LW) third-quarter fiscal 2021 results reflect a decline in earnings and sales due to lower demand in the away-from-home channel. Also, COVID-19 costs remain high.
Mondelez (MDLZ) Poised on Lucrative Buyouts & Saving Plans
by Zacks Equity Research
Mondelez (MDLZ) is strategically increasing its presence through acquisitions to boost portfolio. However, weakness across some emerging markets is a concern.
Medifast (MED) Rallies More Than 25% in 6 Months: Here's Why
by Zacks Equity Research
Medifast (MED) has been benefiting from its OPTAVIA lifestyle solution and coaching support system, which is well placed given consumers' rising inclination toward health and wellness.
The Estee Lauder Companies (EL) Surges on Solid Online Business
by Zacks Equity Research
The Estee Lauder Companies (EL) is implementing new technology and digital experiences to boost online business. Also, the company's Skin Care portfolio is performing well.