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Zacks News
Smucker (SJM) Misses on Q2 Earnings, Cuts Fiscal '19 View
by Zacks Equity Research
Smucker's (SJM) Q2 performance benefits from Ainsworth buyout. However, performance was hurt by lower net price realization.
McCormick (MKC) Hikes Dividend: What Else Should You Know?
by Zacks Equity Research
McCormick (MKC) announces a hike in its quarterly dividend, taking it from 52 cents a share to 57 cents. This marks the 33rd year of dividend hike for the company.
Conagra Down 9% in 3 Months: Will Efforts Revive Lost Sheen?
by Zacks Equity Research
High input costs and sluggish Foodservice sales are hurdles for Conagra (CAG). Nevertheless, management focuses on acquisitions and value-over-volume strategy to boost performance.
Campbell Gains on Buyouts & Snacks Unit, U.S. Soup Sales Soft
by Zacks Equity Research
Campbell (CPB) is committed toward making buyouts and increasing focus on the fast-growing snacking category. However, soft U.S. sales and cost inflation pose concerns.
Hershey Gains on Buyouts & Innovation, Cost Inflation a Worry
by Zacks Equity Research
Hershey's (HSY) efforts to strengthen brand portfolio through innovation and buyouts bode well. Also, productivity improvements and cost-saving initiatives are likely to help it counter cost woes.
3 Reasons Why Church & Dwight (CHD) is Up 17% in 3 Months
by Zacks Equity Research
Church & Dwight's (CHD) consumer international business has been consistently contributing to organic sales growth. Additionally, its focus on buyouts is encouraging.
Clorox (CLX) Gains 35% in 6 Months: Will the Rally Continue?
by Zacks Equity Research
Clorox (CLX) benefits from its solid strategic efforts, including 2020 strategy, expansion of e-commerce capabilities and brand management initiatives.
4 Factors That Make Lamb Weston (LW) an Appetizing Stock Now
by Zacks Equity Research
Lamb Weston (LW) has been gaining from robust price/mix, strong LTOs and strength in global segment. Management's encouraging view for fiscal 2019 also drives optimism.
Bear of the Day: Dean Foods (DF)
by Madeleine Johnson
The dairy giant is facing tough competition and pressure from plant closures.
Cost Inflation Hits Dean Foods, Stock Crashes 48% This Year
by Zacks Equity Research
Dean Foods (DF) is battling significant cost inflation. Fuel rates are up 25% year to date, and likely to remain high through the fourth quarter.
Campbell Soup (CPB) in Focus: Stock Moves 5.5% Higher
by Zacks Equity Research
Campbell Soup (CPB) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
Campbell Soup (CPB) Beats on Q1 Earnings & Sales Estimates
by Zacks Equity Research
Campbell (CPB) reiterates outlook as Q1 earnings and sales beat the Zacks Consensus Estimate. However, earnings plunge year over year.
Hormel Foods (HRL) Q4 Earnings Beat, Sales Miss Estimates
by Zacks Equity Research
Hormel Foods' (HRL) bottom line improves year over year in Q4. However, sales lag estimates due to dismal performance in Grocery Products and Jennie-O Turkey Store.
Archer Daniels Rises 21% in a Year: Will the Rally Continue?
by Zacks Equity Research
Archer Daniels' (ADM) initiatives, including portfolio management, cost savings and Readiness program to drive growth are encouraging.
Can Sysco's (SYY) Shareholder-Friendly Moves Aid the Stock?
by Zacks Equity Research
Sysco (SYY) announces an 8% hike in its quarterly dividend, taking it from 36 cents a share to 39 cents. This marks the 50th hike for the company.
Sysco's U.S. Foodservice Gains, International Unit Slows Down
by Zacks Equity Research
Sysco's (SYY) U.S. Foodservice division has been performing well for quite some time now. International unit's performance depicted a slowdown in the first quarter.
Can Kellogg's Deploy for Growth Strategy Help Revive Stock?
by Zacks Equity Research
Kellogg (K) will be holding a meeting to provide updates on its Deploy for Growth strategy, in terms of the related investments and actions undertaken to boost net sales.
Wall Street Fettered by Three Major Things: 5 Defensive Picks
by Nalak Das
The situation may worsen in the near future with likelihood of global economic slowdown, inflationary fear leading to another rate hike by the Fed and lingering tariff-related conflicts.
Tyson Foods (TSN) Q4 Earnings Beat Estimates, Sales Down Y/Y
by Zacks Equity Research
Tyson Foods' (TSN) top line in fourth-quarter fiscal 2018 hurt by lower sales in the Prepared Foods and Pork categories.
Diageo to Offload 19 Brands to Sazerac, Can This Aid Growth?
by Zacks Equity Research
Diageo (DEO) agrees to sell its 19 brands, including Seagram's VO whiskey, to Sazerac for a total consideration of $550 million.
3 Reasons Why Estee Lauder (EL) is a Hot Investment Pick
by Zacks Equity Research
Estee Lauder???s (EL) strong online business and several strategic buyouts to enhance its portfolio bode well for the company. Also, it remains focused on enhancing travel retail business.
Hain Celestial (HAIN) Falls on Q1 Earnings Miss, Decline Y/Y
by Zacks Equity Research
Hain Celestial (HAIN) commenced fiscal 2019 on a soft note, wherein both the top and bottom lines fell short of the Zacks Consensus Estimate.
Procter & Gamble (PG) Reorganizes Units for Enhanced Growth
by Zacks Equity Research
Procter & Gamble (PG) revamps operating structure for its largest geographic markets for enhanced focus, agility and accountability.
Dean Foods (DF) Posts Q3 Loss, Sales Down Y/Y, View Lowered
by Zacks Equity Research
Dean Foods (DF) Q3 performance hurt by plant closures and inflationary trends in freight, fuel and resin. Decline in fluid milk volumes also a drag.
Keurig Dr Pepper (KDP) Beats on Q3 Earnings, Retains View
by Zacks Equity Research
Keurig Dr Pepper's (KDP) reports third-quarter 2018 results, wherein earnings beat estimates and sales lag. The company remains optimistic about its long-term growth targets.