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Zacks News
5 Hottest IPOs of 2019
by Madeleine Johnson
2019 was one of the busiest years for IPOs, and the calendar was packed with big tech unicorns and popular consumer brands. Here are some of the hottest market debuts we saw this year.
Beyond Meat (BYND) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Beyond Meat (BYND) closed at $75.90 in the latest trading session, marking a +1.67% move from the prior day.
Kimberly-Clark Firm on Restructuring Plans & Innovation
by Zacks Equity Research
Kimberly-Clark's (KMB) 2018 Global Restructuring Program and FORCE Program bode well. These are likely to help it offset the rising cost challenges.
United Natural to Cut Retail Presence Via Shoppers Store Sale
by Zacks Equity Research
United Natural (UNFI) inks deals to sell 13 of its 43 Shoppers Food & Pharmacy stores to three distinct grocery operators. Also, the company will cease four Shoppers stores.
A DIET-Friendly ETF From Defiance
by Sanghamitra Saha
Inside the new ETF that throws light on food technology and flexitarian food habit.
Target, Gap, Beyond Meat, McDonald's and Costco highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Target, Gap, Beyond Meat, McDonald's and Costco highlighted as Zacks Bull and Bear of the Day
Beyond Meat (BYND) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Beyond Meat (BYND) closed at $73.66 in the latest trading session, marking a -0.31% move from the prior day.
Beyond Meat Strikes Costco Deal: Should Investors Buy BYND Stock?
by Christopher Vargas
Beyond Meat (BYND) announced Thursday that its plant-based burger patties would appear in select Costco (COST) stores.
Kroger (KR) Earnings Miss Estimates in Q3, Decline Y/Y
by Zacks Equity Research
Kroger's (KR) third-quarter sales fell short of the Zacks Consensus Estimate. This was the second straight quarter of sales miss. Nonetheless, management forecast identical sales growth of 2-2.25% for fiscal 2019.
John Wiley (JW.A) Q2 Earnings Top Estimates, Revenues Miss
by Zacks Equity Research
John Wiley & Sons' (JW.A) second-quarter fiscal 2020 results reflect strength in Research Publishing & Platforms and Education Services segments. However, a decline in book publishing is a concern.
Campbell (CPB) Q1 Earnings Top, Sales View Cut on Divestiture
by Zacks Equity Research
Campbell Soup (CPB) earnings increase in the first quarter of fiscal 2020 on the back of higher adjusted EBIT and reduced interest expenses. However, sales were soft due to the Meals & Beverages segment.
Tyson Foods (TSN) Surges YTD Buoyed by Solid Protein Demand
by Zacks Equity Research
Tyson Foods (TSN) is focused on enhancing portfolio to cater to the rising demand for protein-packed products. Also, its Financial Fitness Program bodes well.
Hormel Foods Up on Refrigerated Foods Unit, Cost Woes Linger
by Zacks Equity Research
Hormel Foods' (HRL) Refrigerated Foods unit has been aiding performance for a while now. However, global trade uncertainty and the African swine fever are leading to input cost inflation.
Hormel Foods (HRL) Q4 Earnings Match Estimates, Sales Miss
by Zacks Equity Research
Hormel Foods' (HRL) earnings and sales decline year over year in fourth-quarter fiscal 2019. However, the Refrigerated Foods unit looks strong.
Smucker (SJM) Beats on Q2 Earnings, Stock Down on View Cut
by Zacks Equity Research
Smucker (SJM) lowers fiscal 2020 guidance, as it expects some softness in the Retail Pet Foods segment in the second half of the fiscal.
Sprout Farmers (SFM) Marches Ahead of Industry: Here's Why
by Zacks Equity Research
Sprout Farmers' (SFM) focus on product innovation, e-commerce, expansion of private label assortment and enhancement of technology bodes well.
The Zacks Analyst Blog Highlights: Beyond Meat, Conagra Brands, Tyson Foods and Kellogg
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Beyond Meat, Conagra Brands, Tyson Foods and Kellogg
Meatless Meat Going Mainstream: 4 Stocks Worth Tracking
by Nilanjan Banerjee
The imitation meat segment is now designed to target broader audiences, both vegetarians and non-vegetarians, contrary to earlier times when only vegetarians were targeted.
What the Burger King Lawsuit Means for Fake Meat Producers
by Sejuti Banerjea
Change is the name of the game today.
Sysco U.S. Foodservice Unit Solid, International Woes Linger
by Zacks Equity Research
Sysco's (SYY) U.S. Foodservice local case volumes have been rising year over year for 22 consecutive quarters now. The International unit's performance has been mixed.
The Zacks Analyst Blog Highlights: Zoom Video Communications, Beyond Meat, Turning Point Therapeutics and Cortexyme
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Zoom Video Communications, Beyond Meat, Turning Point Therapeutics and Cortexyme
4 Best-Performing IPOs So Far in 2019
by Nitish Marwah
Companies that went public this year and did well in terms of price performance did so on the back of solid financials, positive cash flows and growing revenues.
Beyond Meat Enters Oversold Territory
by Zacks Equity Research
Beyond Meat has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
Beyond Meat (BYND) Catches Eye: Stock Jumps 8.4%
by Zacks Equity Research
Beyond Meat (BYND) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
Sprouts Farmers' (SFM) Stock Up on Q3 Earnings & Sales Beat
by Zacks Equity Research
Sprouts Farmers (SFM) raises its full-year earnings view following Q3 results. Management now anticipates 2019 earnings in the band of $1.10-$1.13 per share.