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Zacks News
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.
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.
Will Service Corporation's Strategies Help Maintain Momentum?
by Zacks Equity Research
Service Corporation (SCI) is benefiting from growth efforts and demographic trends. However, high costs are a concern.
Pilgrim's Pride Acquires Tulip Limited, Expands Global Reach
by Zacks Equity Research
Pilgrim's Pride Corporation (PPC) concludes Tulip Limited's buyout from Danish Crown. This is likely to strengthen the company's geographic presence.
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.
Restructuring Plans to Aid Kimberly-Clark (KMB) Q3 Earnings (Revised)
by Zacks Equity Research
Kimberly-Clark's (KMB) third-quarter fiscal 2019 results are expected to reflect the impact of 2018 Global Restructuring Program and FORCE Program.
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.
Campbell Soup (CPB) Up 42% YTD: Snacks Business a Key Driver
by Zacks Equity Research
Campbell Soup (CPB) is benefiting from focus on the snacks business and other efforts. However, high costs are a concern.
Restructuring Plans to Aid Kimberly-Clark (KMB) Q3 Earnings
by Zacks Equity Research
Kimberly-Clark's (KMB) third-quarter fiscal 2019 results are expected to reflect the impact of 2018 Global Restructuring Program and FORCE Program.
Miscellaneous Food Industry Outlook Dull, High Costs to Blame
by Vidya Nair
Increasing commodity and logistics costs are troubling most companies in the Food-Miscellaneous space. Nevertheless, savings initiatives are offering some respite.
PepsiCo's Smart50 Popcorn Launch Boosts Snacks Portfolio
by Zacks Equity Research
PepsiCo (PEP) launches Smart50 popcorn, which is likely to continue driving the momentum for the company's snacking business.
Conagra Up 35% in a Year: Portfolio Refinement a Key Driver
by Zacks Equity Research
Conagra Brands' (CAG) focus on refining portfolio through prudent buyouts and divestitures bodes well. However, soft Foodservice sales and input cost inflation are concerns.
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.
Hain Celestial Divests Arrowhead Mills, SunSpire to Hometown
by Zacks Equity Research
Hain Celestial (HAIN) divests Arrowhead Mills and SunSpire to Hometown to simplify its portfolio. This in turn will aid the company in its turnaround efforts.
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.
United Natural (UNFI) Stock Down 26% on Dismal Q4 Earnings
by Zacks Equity Research
United Natural Foods' (UNFI) earnings decline year over year and miss the Zacks Consensus Estimate in fourth-quarter fiscal 2019.
Flowers Foods' Buyouts & Price/Mix Bode Well Amid High Costs
by Zacks Equity Research
Flowers Foods (FLO) has acquired more than 100 companies since 1968. The company is also progressing well with its efficient pricing strategy despite commodity cost inflation.
Top Ranked Momentum Stocks to Buy for October 2nd
by Zacks Equity Research
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 2nd
General Mills Stock Up 46% YTD: Will the Rally Continue?
by Zacks Equity Research
General Mills' (GIS) key global strategies, prospects from acquisitions and cost-saving initiatives keep it going despite the weak U.S. Snacks business and soft sales in Europe & Australia.
Lamb Weston (LW) to Post Q1 Earnings: Will Cost Woes Linger?
by Zacks Equity Research
Lamb Weston's (LW) first-quarter fiscal 2020 results are poised to gain from LTO innovation and robust price/mix. However, rising input costs and SG&A expenses are headwinds.
Boston Beer (SAM) Enters Deal to Showcase Truly Brand at NHL
by Zacks Equity Research
Boston Beer (SAM) declares a new multiyear partnership with the National Hockey League (NHL) to promote its Truly Hard Seltzer brand. This will help it to offset softness in Samuel Adams brand.
Soft Carbohydrate Unit Hurts Archer Daniels: Will It Revive?
by Zacks Equity Research
Archer Daniels (ADM) grapples with soft Carbohydrate Solutions segment. Nevertheless, its Readiness program looks encouraging.
Sysco (SYY) Hits 52-Week High: What's Behind the Rally?
by Zacks Equity Research
Sysco (SYY) is benefiting from focus on its four core strategies, strong U.S. Foodservice unit, buyouts and cost-saving initiatives.
Conagra Inks Deal to Sell DSD Snacks to Utz Quality Foods
by Zacks Equity Research
Conagra's (CAG) deal to sell DSD to Utz is touted to help the company in restructuring its portfolio.
Will TreeHouse Foods Continue to Surge Higher?
by Zacks Equity Research
As of late, it has definitely been a great time to be an investor TreeHouse Foods.