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Zacks News
Why Is Hain Celestial (HAIN) Up 14.8% Since Last Earnings Report?
by Zacks Equity Research
Hain Celestial (HAIN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Campbell (CPB) Q1 Earnings & Sales Top Estimates, Dividend Up
by Zacks Equity Research
Campbell's (CPB) Q1 results reflect higher earnings and sales, with strength across the Snacks as well as the Meals & Beverages segments, encouraging management to hike dividend by 6%.
4 Grocery Stocks to Buy as COVID-19 Takes a Worse Turn
by Ritujay Ghosh
Target Corporation (TGT), B&G Foods (BGS) and The Hain Celestial Group (HAIN) have gained over the past few months as people have been stockpiling on groceries and the trend is going to continue in the near term.
High Retail Demand Aids Kellogg (K) Amid Foodservice Declines
by Zacks Equity Research
Kellogg's (K) retail channel has been gaining on rising demand on the pandemic-led higher at-home consumption. However, soft away-from-home demand has been weighing on the foodservice channel.
Tyson Foods (TSN) Retail Business Solid, Foodservice Troubled
by Zacks Equity Research
Tyson Foods (TSN) has been gaining on solid retail business amid the pandemic-led higher at-home consumption. However, soft foodservice demand has been a concern.
Hormel Foods (HRL) Benefits From Brand Strength, Costs High
by Zacks Equity Research
Hormel Foods' (HRL) focus on product innovations are yielding. Also, the company's lucrative buyouts are noteworthy.
Smucker's (SJM) Natural Balance Business Sale to Aid Growth
by Zacks Equity Research
Smucker (SJM) expects to sell Natural Balance premium pet food business by third-quarter fiscal 2021. It intends to focus on core brands in the pet food and pet snacks portfolio.
Mondelez (MDLZ) Extends Buyback Plan to Boost Shareholder Value
by Zacks Equity Research
Mondelez (MDLZ) extends its share repurchase authorization by an additional $4 million, while also widening its validity till 2023-end.
Church & Dwight (CHD) Boosts Portfolio With ZICAM Brand
by Zacks Equity Research
Church & Dwight's (CHD) addition of the ZICAM brand, which fits its long-standing buyout criteria, is likely to strengthen the company's existing portfolio.
Smucker (SJM) Sells Crisco Business to B&G Foods, Updates View
by Zacks Equity Research
Smucker (SJM) closes the sale of Crisco oils and shortening business to B&G Foods. The company also updates fiscal 2021 guidance to reflect the divestiture impact on its top and bottom lines.
Flower Foods (FLO) Hurt by Weakness in Foodservice Business
by Zacks Equity Research
Increased social distancing amid COVID-19 is hurting Flowers Foods' (FLO) foodservice business. The company is also seeing escalated costs.
Smucker's (SJM) Retail Business Solid, Away From Home Soft
by Zacks Equity Research
Smucker (SJM) has been benefiting from rising at-home consumption amid the pandemic, which is boosting its retail business. However, social distancing has taken a toll on the Away From Home channel.
McCormick (MKC) Acquires Cholula to Boost Condiment Platform
by Zacks Equity Research
McCormick (MKC) closes its previously-announced acquisition of Cholula from L Catterton for $800 million, financed through cash on hand and commercial paper.
Lamb Weston's (LW) Retail Unit Strong, Foodservice Troubled
by Zacks Equity Research
Lamb Weston (LW) has been gaining on a solid retail business due to elevated demand amid the pandemic. However, soft away-from-home demand has been marring foodservice sales.
Medifast (MED) Up More Than 75% YTD: Will Momentum Stay?
by Zacks Equity Research
Medifast (MED) has been gaining on robust performance of OPTAVIA. Also, the company has certain planned investments for growth, though they are likely to affect margins.
Pilgrim's Pride (PPC) Looks Solid on Strategic Growth Efforts
by Zacks Equity Research
Strength in Pilgrim's Pride (PPC) European business is yielding results. Also, the company's focus on its customer-centric initiatives is impressive.
McCormick (MKC) to Acquire Cholula, Boost Condiment Platform
by Zacks Equity Research
McCormick (MKC) announces plans to acquire Cholula with an aim to widen its product portfolio and accelerate growth in condiment platform.
Hormel Foods (HRL) Q4 Earnings Miss Estimates, Sales Down Y/Y
by Vidya Nair
Hormel Foods' (HRL) fourth-quarter fiscal 2020 results reflect persistent weakness in the foodservice channel. Moreover, high costs related to the pandemic put pressure on profits.
Smucker (SJM) Q2 Earnings & Sales Top Estimates, View Raised
by Zacks Equity Research
J. M. Smucker's (SJM) Q2 results reflect higher at-home consumption driving the retail businesses, while the Away From Home unit remains troubled. Management raises its fiscal 2021 guidance.
Hain Celestial (HAIN) Robust on Transformation Strategy
by Zacks Equity Research
Hain Celestial (HAIN) is gaining from its transformation efforts. It is focused on its global strategic goals and continues to make investments in key brands.
Nu Skin (NUS) Looks Radiant on Innovation & Digital Strength
by Zacks Equity Research
Nu Skin (NUS) has been gaining on initiatives to strengthen sales leader and expand customer base through product launches. Also, the company's focus on digital operations bodes well.
McCormick (MKC) Hikes Dividend: What Else Should You Know?
by Zacks Equity Research
McCormick (MKC) rewards shareholders by raising quarterly dividend. Also, the company's robust cost-saving efforts are yielding.
Post Holdings (POST) Q4 Earnings Miss Estimates, Sales Down
by Zacks Equity Research
Post Holdings' (POST) fourth-quarter fiscal 2020 results reflect lower sales and earnings. Weakness in the Foodservice and the Post Consumer brands hurt performance.
Online Grocery Sales Set to Hit New High This Year: 4 Winners
by Ritujay Ghosh
Retailers like Target Corporation (TGT), The Kroger Co. (KR) and The Hain Celestial Group, Inc. (HAIN) that have a strong online delivery muscle, seen more people shopping at their websites.
United Natural (UNFI) Surges More Than 85% YTD: Here's Why
by Zacks Equity Research
United Natural (UNFI) is witnessing higher consumer demand amid the coronavirus outbreak. Also, the company's lucrative acquisitions have been noteworthy.