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Zacks News
Mondelez (MDLZ) Gains on Buyouts, Pricing Amid High Costs
by Zacks Equity Research
Mondelez International (MDLZ) is focused on solidifying its portfolio through buyouts. Also, strength in emerging markets and pricing have been aiding it amid inflated costs.
Helen of Troy (HELE) Adds Osprey, Strengthens Leadership Brands
by Zacks Equity Research
Helen of Troy (HELE) closes the buyout of Osprey Packs. It is likely to be an addition to the company's Leadership Brands' portfolio and is expected to augment the top and bottom lines.
Nu Skin's (NUS) Transformational Strategies Keep It Well-Placed
by Zacks Equity Research
Nu Skin (NUS) gains on its solid customer base and network of sales leaders. The company's three transformational strategies also bode well amid pandemic-led disruptions.
Sysco (SYY) Looks Well-Placed for 2022 on Recipe for Growth
by Zacks Equity Research
Sysco (SYY) benefits from its Recipe for Growth program and away-from-home food demand amid escalated costs.
Forget Conagra Brands (CAG), Focus on These 3 Food Stocks for 2022
by Vrishali Bagree
Conagra Brands (CAG) looks troubled due to cost inflation. Food companies like Hain Celestial (HAIN), United Natural (UNFI) and Kellogg (K) look well placed for 2022 on the back of their strategic growth efforts.
Medifast (MED) Gains on OPTAVIA Strength, SG&A Costs Rise
by Zacks Equity Research
Medifast (MED) has been gaining on strength of its OPTAVIA lifestyle solution and coaching support system, which was a major driver in the third quarter.
Archer Daniels (ADM) Boosts Flavor Business Via Latest Buyout
by Zacks Equity Research
Archer Daniels' (ADM) recent acquisition of Flavor Infusion is set to help it expand the customer base across Latin America & the Caribbean along with drive growth in the highly-valued flavor space.
Kimberly-Clark (KMB) Looks Troubled on Escalated Input Costs
by Zacks Equity Research
Kimberly-Clark (KMB) has been encountering escalated input costs. Key input costs are estimated to escalate in the range of $1,400-$1,500 million in 2021.
Lamb Weston's (LW) Stock Falls 22% in 6 Months on Input Costs
by Zacks Equity Research
Lamb Weston (LW) has been encountering escalated input costs and high SG&A costs. For fiscal 2022, management expects net income and adjusted EBITDA to be under pressure.
Conagra (CAG) Appears to be in Trouble on Cost Inflation
by Zacks Equity Research
Conagra (CAG) has been encountering cost of goods sold, inflation and high SG&A costs. Management expects cost inflation of nearly 11% in fiscal 2022.
TreeHouse Foods (THS) Looks Troubled: High Costs a Key Concern
by Zacks Equity Research
TreeHouse Foods (THS) has been battling escalated cost inflation. Management lowered its earnings guidance for 2021 on its last earnings call.
Lamb Weston (LW) Hikes Dividend, Unveils Share Buyback Plan
by Zacks Equity Research
Lamb Weston (LW) rewards shareholders by raising dividend and approving additional share buybacks.
Mesa Laboratories and Disney have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Mesa Laboratories and Disney have been highlighted as Zacks Bull and Bear of the Day
The J.M. Smucker (SJM) to Sell Few Businesses to Optimize Portfolio
by Zacks Equity Research
The J.M. Smucker (SJM) will offload its natural and organic beverage as well as grains businesses to Nexus Capital Management LP by third-quarter fiscal 2022.
Inter Parfums (IPAR)-Emanuel Ungaro Deal to Fuel Growth
by Zacks Equity Research
Inter Parfums' (IPAR) subsidiary signed a 10-year exclusive global licensing agreement with Emanuel Ungaro to create, develop and distribute fragrances and related products.
4 Stocks to Buy as Online Grocery Sales Continue to Boom
by Ritujay Ghosh
Online grocery purchase has been gaining traction since the onset of the pandemic, which is helping stocks like Costco Wholesale Corporation (COST), Target Corporation (TGT), United Natural Foods (UNFI) and The Hain Celestial Group (HAIN).
Hain Celestial (HAIN) to Buy Snacks Brands to Boost Portfolio
by Zacks Equity Research
Hain Celestial (HAIN) announces an agreement to acquire ParmCrisps and Thinsters brands, which will strengthen its snacking portfolio.
Chewy (CHWY) Q3 Loss Narrower, Sales Up 24% on Higher Demand
by Zacks Equity Research
Chewy's (CHWY) loss in the third quarter of fiscal 2021 improves. Growth in active customers and higher demand aid the top-line performance.
The J.M. Smucker (SJM) Gains on Solid Demand & Core Strategies
by Zacks Equity Research
The J.M. Smucker's (SJM) commitment to reshaping portfolio and streamlining costs bodes well. Also, the increased pandemic-induced at-home consumption trend bodes well.
Inter Parfums (IPAR) Raises 2021 View Again on Solid Demand
by Zacks Equity Research
Inter Parfums (IPAR) raises its 2021 guidance yet again, on strength in its European operations despite persistent supply chain disruptions.
Hormel Foods' (HRL) Q4 Earnings Beat Estimates, Sales Increase
by Zacks Equity Research
Hormel Foods' (HRL) fourth-quarter fiscal 2021 results reflect higher net sales and earnings driven by growth across all segments and channels.
United Natural (UNFI) Hits 52-Week High, Can the Run Continue?
by Zacks Equity Research
United Natural (UNFI) 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.
United Natural Foods (UNFI) Rise on Q1 Earnings & Sales Beat
by Zacks Equity Research
United Natural Foods (UNFI) reports robust Q1 earnings and sales, backed by continued consumer demand, accelerating inflation and gains from existing and new customers.
Conagra (CAG) Benefits From Foodservice Recovery & Online Sales
by Zacks Equity Research
Conagra (CAG) is gaining from recovery in the foodservice channel, growth in online sales and efforts to boost portfolio. However, input cost inflation is a concern.
Hain Celestial Group (HAIN) Sees Hammer Chart Pattern: Time to Buy?
by Zacks Equity Research
Hain Celestial Group (HAIN) has been struggling lately, but the selling pressure may be coming to an end soon.