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Zacks News
Albertsons (ACI) Soars 54% in a Year, Drives Omnichannel Space
by Zacks Equity Research
Albertsons (ACI) focuses on enhancing its digital and omni-channel capabilities and boosting productivity. ACI is steadily strengthening its delivery capabilities as well.
Tyson Foods (TSN) Gains on Solid Brands & Capacity-Expansion
by Zacks Equity Research
Tyson Foods (TSN) is undertaking several operational and supply chain efficiency programs to place itself better for the long run.
Sysco (SYY) Looks Promising: Stock Up More Than 10% in 6 Months
by Zacks Equity Research
Sysco Corporation (SYY) has been gaining on its Recipe for Growth plan and solid food-away-from-home trends.
Bitcoin Prices Are Plunging: Global Week Ahead
by John Blank
Stock traders enter the week with the Nasdaq index down -24.5% YTD, the S&P 500 down -15.6% and Bitcoin (BTC) prices in a freefall.
Has Archer Daniels Midland (ADM) Outpaced Other Consumer Staples Stocks This Year?
by Zacks Equity Research
Here is how Archer Daniels Midland (ADM) and Sysco (SYY) have performed compared to their sector so far this year.
McCormick (MKC) Stock Up More Than 15% in 6 Months: Here's Why
by Zacks Equity Research
McCormick (MKC) is benefiting from a robust recovery in the away-from-home demand. The company's prudent buyouts are yielding.
B&G Foods (BGS) Troubled by Cost Inflation, Supply-Chain Woes
by Zacks Equity Research
B&G Foods (BGS) has been encountering industry-wide inflation in input costs and supply-chain bottlenecks. Management cuts its adjusted EBITDA and EPS forecast due to cost inflation.
General Mills (GIS) TNT Crust Buyout to Fuel Accelerate Strategy
by Zacks Equity Research
General Mills (GIS) to acquire TNT Crust by first-quarter fiscal 2023. The move fortifies the company's position in the fast-growing away-from-home frozen baked goods category.
Here's How Coca-Cola (KO) Stock is Poised Amid Cost Headwinds
by Zacks Equity Research
Although supply-chain issues and high costs prevail, Coca-Cola (KO) remains well-placed for growth on robust demand, strategic transformation and ongoing worldwide recovery.
Inter Parfums (IPAR) Q1 Earnings Top Estimates, Sales Rise Y/Y
by Zacks Equity Research
Inter Parfums' (IPAR) first-quarter 2022 results reflect higher earnings and sales on growth across European and U.S.-based operations.
Company News for May 11, 2022
by Zacks Equity Research
Companies in The News Are: TDG, H, FOXA, SYY
Mondelez (MDLZ) Growth Strategy Includes Portfolio Focus & More
by Zacks Equity Research
Mondelez International (MDLZ) updates the progress of its long-term strategy on its Investor Day. Also, the company updates its long-term organic net revenue growth algorithm to 3-5%.
Energizer (ENR) Beats on Q2 Earnings, Raises FY22 Sales View
by Zacks Equity Research
Solid performance across the auto care business boosts Energizer's (ENR) second-quarter fiscal 2022 sales results. Management repeats its EPS outlook for the current fiscal year.
Coty (COTY) Stock Down Despite Q3 Earnings Beat & Raised View
by Zacks Equity Research
Coty's (COTY) third-quarter fiscal 2022 results reflect higher earnings and revenues on growth across all regions and channels. However, rising inflation and supply pressure are headwinds.
Sysco (SYY) Beats on Q3 Earnings & Sales, Raises EPS View
by Zacks Equity Research
Sysco's (SYY) third-quarter fiscal 2022 results reflect increased top and bottom lines. The company benefits from its Recipe for Growth plan and efforts to manage cost inflation.
Archer Daniels (ADM) Displays Strength: Stock Rally to Continue
by Zacks Equity Research
Archer Daniels (ADM) continues to gain from robust demand, product innovation, strength in the Nutrition segment and improved productivity.
Sysco (SYY) Q3 Earnings and Revenues Top Estimates
by Zacks Equity Research
Sysco (SYY) delivered earnings and revenue surprises of 31.48% and 5.21%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
TreeHouse Foods (THS) Q1 Loss Narrower Than Expected, Stock Up
by Zacks Equity Research
TreeHouse Foods' (THS) Q1 results reflect high demand for private label consumption and solid pricing actions to counter inflation, while volumes bear the brunt of labor and supply-chain woes.
Tyson Foods (TSN) Q2 Earnings Top Estimates, Sales Up Y/Y
by Zacks Equity Research
Tyson Foods' (TSN) second-quarter fiscal 2022 sales and earnings rise year over year on the back of gains across all the segments. Management raises fiscal 2022 sales view.
Post Holdings (POST) Stock Up More Than 5% Since Q2 Earnings
by Zacks Equity Research
Post Holdings' (POST) second-quarter fiscal 2022 results reflect higher earnings and sales. While buyouts and continued foodservice recovery have been upsides, elevated costs have been a concern.
Factors to Note as Sysco (SYY) Queues Up for Q3 Earnings
by Zacks Equity Research
Sysco Corporation's (SYY) third-quarter results are likely to reflect gains from the Recipe for Growth program and acquisitions, while high labor costs are concerning.
Hain Celestial's (HAIN) Q3 Earnings Miss Mark, Sales Rise Y/Y
by Zacks Equity Research
Hain Celestial (HAIN) reports weak performance in third-quarter fiscal 2022 on high inflations, supply-chain disruptions, ingredient and package shortages.
B&G Foods (BGS) Q1 Earnings Miss Estimates, EPS View Lowered
by Zacks Equity Research
B&G Foods' (BGS) first-quarter fiscal 2022 results reflect gains from high demand and pricing actions, whereas the escalated input cost inflation hurts margins.
AB InBev (BUD) Surpasses Sales & Earnings Estimates in Q1
by Zacks Equity Research
AB InBev's (BUD) Q1 results reflect continued business momentum, owing to relentless execution, investment in its brands and accelerated digital transformation.
Kellogg's (K) Q1 Earnings Top Estimates, Organic Sales View Up
by Zacks Equity Research
Kellogg Company's (K) first-quarter 2022 results reflect higher sales, thanks to strength in snacks and solid price/mix. Earnings were hurt by increased cost inflation and other business hurdles.