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Zacks News
Hormel Foods to Boost Offerings With Facility Expansion Plans
by Zacks Equity Research
Hormel Foods (HRL) unveils plans to expand Burke facility to effectively meet rising demand for products.
Conagra (CAG) Q1 Earnings & Sales Lag Estimates, Stock Down
by Zacks Equity Research
Conagra's (CAG) Q1 earnings and sales grow year over year. However, higher input and transportation costs are hurdles.
McCormick's (MKC) Q3 Earnings In Line, Sales Miss Estimates
by Zacks Equity Research
McCormick's (MKC) Q3 results gain from growth across segments and improved margins. For fiscal 2018, the company predicts less favorable impacts from foreign currency rates.
Hain Celestial to Gain From Project Terra, Soft Sales a Woe
by Zacks Equity Research
Hain Celestial (HAIN) is expected to further gain from its Project Terra program and strategic acquisitions amid high expenses and soft U.S. segment sales.
Rising Sales Leaders & Customers Adorn Nu Skin's Performance
by Zacks Equity Research
Nu Skin's (NUS) top line benefits from growth in sales leaders and customers. Further, the company focuses on empowering sales leaders through effective compensations.
Bear of the Day: Sanderson Farms
by David Borun
Tariffs and oversupply concerns are weighing on this domestic food producer
Sysco (SYY) to Launch Products Under Cutting Edge Solutions
by Zacks Equity Research
Sysco (SYY) reveals plans to launch products under the Cutting Edge Solutions platform, which are likely to be available by the end of September.
Can Productivity Plans Aid Dean Foods Counter Cost Woes?
by Zacks Equity Research
Dean Foods' (DF) savings and efficiency building efforts are likely to provide respite from rising input costs.
Kraft Heinz's Canada Unit to Gain From Ethical Bean Buyout
by Zacks Equity Research
Kraft Heinz's (KHC) Canadian arm acquires Ethical Bean Coffee. This reflects Kraft Heinz's efforts to keep up with consumers' rising preference for healthy options.
4 Reasons Why Hershey (HSY) Stock Should be in Your Portfolio
by Zacks Equity Research
The Hershey Company (HSY) is likely to benefit from focus on buyouts and solid cost-saving initiatives.
Can the Rally in The Chefs' Warehouse (CHEF) Shares Continue?
by Zacks Equity Research
The Chefs' Warehouse, Inc. (CHEF) has been on the move lately as the stock has risen by 25.1% in the past four weeks, and it is currently trading well above its 20-Day SMA.
United Natural (UNFI) Q4 Earnings Up Y/Y, Stock Declines
by Zacks Equity Research
United Natural's (UNFI) Q4 earnings and sales increase year over year. However, both the metrics miss the Zacks Consensus Estimate.
Saving Efforts Likely to Drive TreeHouse Foods Amid Cost Woes
by Zacks Equity Research
Although TreeHouse Foods (THS) struggles with high commodity and freight costs, its efforts to rationalize business and boost savings are impressive.
Rising Costs Make Flowers Foods (FLO) an Unappetizing Pick
by Zacks Equity Research
Flowers Foods (FLO) struggles with high input costs, which compelled management to lower 2018 earnings view.
General Mills (GIS) Tops Q1 Earnings, Misses Sales Estimates
by Zacks Equity Research
General Mills' (GIS) earnings mark its second straight beat, whereas sales miss estimates for the third consecutive time in Q1.
SUPERVALU Retail Cut Downs On Track, Plans More Store Sales
by Zacks Equity Research
SUPERVALU (SVU) inks agreement to sell Shop 'n Save stores to Schnuck. The move is consistent with the company's endeavors to cut down retail operations.
Kellogg Hits 52-Week High on Cost Cut Plans and Acquisitions
by Zacks Equity Research
Kellogg (K) gains from the RXBAR and Pringles acquisitions as well as the consolidation of Multipro. Its savings initiatives are also on track.
Sysco Up 40% in a Year: Can Momentum Sustain Amid Cost Woes?
by Zacks Equity Research
Sysco (SYY) is gaining from strength in its U.S. Foodservice operations and focus on strategies for 2020. However, cost inflation remains a threat to margins.
Kroger's (KR) Shares Fall Despite Q2 Earnings & Revenue Beat
by Zacks Equity Research
Kroger (KR) has taken the stock of the situation and is expanding store base, introducing new items, digital coupons, and order online, pick up in store initiative.
Hershey's Pirate Brands Buyout to Bolster Snacking Business
by Zacks Equity Research
Hershey (HSY) inks a deal to buy Pirate Brands from B&G Foods. Pirate Brands will be included as part of Amplify.
Campbell Down 7% in 6 Months: High Costs Not the Only Factor
by Zacks Equity Research
Campbell (CPB) posts negative sales surprise in six of the past seven quarters. The company has also been witnessing strained margins due to cost inflation.
3 Food Stocks to Buy That Are More Appetizing Than Industry
by Zacks Equity Research
While companies in the space are facing cost barriers, there are many hidden gems which have defied the industry trends with their solid strategic endeavors.
Hormel Foods Up 14% in 3 Months, Strong Brands A Key Driver
by Zacks Equity Research
Hormel Foods (HRL) gains from brand popularity and lucrative buyouts. However, higher tariffs on pork are a worry.
Chefs' Warehouse (CHEF) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
Chefs' Warehouse (CHEF) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here's What You Should Know About Mondelez's Long-Term Goals
by Zacks Equity Research
Mondelez (MDLZ) provides long-term targets and guidance for 2019, and reiterates projections for 2018 considering its long-term strategy.