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Zacks News
Kraft Heinz (KHC) on Track With Long-Term Targets, Inflation a Woe
by Zacks Equity Research
Kraft Heinz (KHC) raises inflation forecast and reaffirms 2022 guidance. The company provides some additional details on its long-term algorithm.
McCormick (MKC) Lowers FY22 Guidance on Preliminary Q3 Results
by Zacks Equity Research
McCormick (MKC) lowers fiscal 2022 view, considering third-quarter preliminary results; moderation of consumption trends, supply-chain costs, currency headwinds and impacts from a divestiture.
Chefs' Warehouse (CHEF) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Chefs' Warehouse (CHEF) closed at $33.64, marking a +1.29% move from the previous day.
Newell Brands (NWL) Lowers View on Soft Demand & Inflation
by Zacks Equity Research
Newell Brands (NWL) trims its 2022 guidance and lowers its Q3 view to reflect the impacts of inflation, tough macro environment, soft demand and unfavorable currency.
Lamb Weston's (LW) Latest Move Accelerates Expansion Efforts
by Zacks Equity Research
Lamb Weston (LW) plans to construct a new manufacturing unit in Mar del Plata, Buenos Aires. Management expects to conclude the facility's construction by the middle of 2024.
Church & Dwight's (CHD) Buyout of Hero to Bolster Portfolio
by Zacks Equity Research
Church & Dwight (CHD) inks a deal to buy the Hero Mighty Patch brand (or Hero) and other acne treatment products. The deal is anticipated to close in the fourth quarter of 2022.
B&G Foods (BGS) Looks Troubled: High Input Cost a Key Concern
by Zacks Equity Research
B&G Foods (BGS) expects to keep seeing significant cost inflation for inputs, such as ingredients, packaging, labor and transportation.
Kimberly-Clark's (KMB) Cost-Cutting Efforts Aid Amid High Costs
by Zacks Equity Research
Kimberly-Clark (KMB) is focused on undertaking relevant cost-cutting initiatives and pricing actions to counter inflation. Focus on three key strategic growth pillars is noteworthy.
Here's Why Keurig Dr Pepper (KDP) is Marching Ahead of the Industry
by Zacks Equity Research
Keurig Dr Pepper (KDP) benefits from continued strength in the Packaged Beverages segment and robust pricing actions. However, rising inflation remains concerning.
Archer Daniels (ADM) Banks On Solid Nutrition Unit, High Demand
by Zacks Equity Research
Archer Daniels (ADM) is likely to continue gaining from healthy demand, strength in the Nutrition unit and other growth efforts, including its portfolio expansion and strategic partnerships.
Hormel Foods (HRL) Q3 Earnings Lag Estimates, Revenues Up Y/Y
by Zacks Equity Research
Hormel Foods' (HRL) third-quarter top and bottom lines increase year over year. While management raises its sales view for fiscal 2022, it lowers its earnings per share guidance.
Chefs' Warehouse (CHEF) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Chefs' Warehouse (CHEF) closed the most recent trading day at $32.83, moving -1.53% from the previous trading session.
Campbell (CPB) Earnings Meet, Sales Beat Estimates in Q4
by Zacks Equity Research
Campbell's (CPB) Q4 results reflect higher net sales on growth across all segments and better supply-chain performance. Management issues upbeat fiscal 2022 view.
Has The Chef's Warehouse (CHEF) Outpaced Other Consumer Staples Stocks This Year?
by Zacks Equity Research
Here is how Chefs' Warehouse (CHEF) and e.l.f. Beauty (ELF) have performed compared to their sector so far this year.
Tecnoglass and Monster Beverage have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Tecnoglass and Monster Beverage are part of Zacks Bull and Bear of the Day article.
Pilgrim's Pride (PPC) Up More than 20% in 6 Months: Here's Why
by Zacks Equity Research
Pilgrim's Pride's (PPC) focus on key customers is a pathway for refining its portfolio and creating competitive advantages. Also, its efforts to expand in new regions bode well.
Medifast (MED) Down More Than 20% in 3 Months on Cost Woes
by Zacks Equity Research
Medifast (MED) has been seeing high SG&A expenses and escalated raw material costs. The company expects short-term margin pressure in 2022 due to inflation and continued investments.
Pricing, Demand Up International Flavors (IFF) Despite Cost Woes
by Zacks Equity Research
Pricing actions, productivity initiatives, and investment in growth and acquisitions remain key drivers for International Flavors (IFF) despite inflationary cost pressures.
Kraft Heinz (KHC) Gains on Pricing Efforts Amid Rising Costs
by Zacks Equity Research
Kraft Heinz (KHC) benefits from solid pricing initiatives. It is committed to accelerating profit and enhancing shareholders' long-term value.
Colgate (CL) Banks On Brand Strength Amid Cost Headwinds
by Zacks Equity Research
Despite rising raw material costs, Colgate's (CL) robust innovation and expansion plans are likely to drive growth in the long term.
Tyson Foods (TSN) Benefits From Capacity Expansion, High Demand
by Zacks Equity Research
Tyson Foods (TSN) is undertaking several operational and supply chain efficiency programs to place itself better in the long run. Also, its retail business is a key driver.
Altria (MO) Unveils Dividend Hike: What Else Should You Know?
by Zacks Equity Research
Altria Group (MO) declares a dividend hike of 4.4%, taking its quarterly dividend to 94 cents per share. The company is focused on boosting shareholders' returns.
Hain Celestial (HAIN) Q4 Earnings Miss Mark, Sales Rise Y/Y
by Zacks Equity Research
Hain Celestial (HAIN) reports soft results for fourth-quarter fiscal 2022. Several challenges, mainly in Europe, and unfavorable foreign currency translations hurt results.
McCormick (MKC) Hurt by Cost Inflation & Supply Chain Issues
by Zacks Equity Research
McCormick (MKC) is grappling with pressures from higher inflation and broad-based supply chain-related hurdles. Yet, its saving efforts area tailwind.
Kimberly-Clark's (KMB) Strategic Growth Pillars & Savings Aid
by Zacks Equity Research
Kimberly-Clark (KMB) is committed to its three key strategic growth pillars. The company is focused on undertaking relevant cost-cutting initiatives and pricing actions to counter inflation.