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Zacks News
5 Stocks to Buy as Stock Market Enters Fastest Correction
by Tirthankar Chakraborty
The S&P 500 index saw its quickest 10% decline from an all-time high. The rate at which the index declined over the past week surpassed the Black Monday plunge of October 1987.
TreeHouse Foods to Optimize Business With Restructuring Plans
by Zacks Equity Research
TreeHouse Foods (THS) will reorganize itself into Snacking & Beverages, and Meal Preparation segments from the first quarter of 2020.
Smucker (SJM) Q3 Earnings Surpass Estimates, Sales Miss
by Zacks Equity Research
Smucker's (SJM) third-quarter fiscal 2020 top-line results are hurt by softness in premium dog food offerings and lower volume/mix in the U.S. Retail Pet Foods segment.
SolarEdge Technologies, Tilly's, Darling Ingredients, Lamb Weston and Hain Celestial highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
SolarEdge Technologies, Tilly's, Darling Ingredients, Lamb Weston and Hain Celestial highlighted as Zacks Bull and Bear of the Day
Philip Morris Focuses on RRPs Amid Low Cigarette Volumes
by Zacks Equity Research
Phillip Morris (PM) has been expanding in the RRP category. Also, the company's pricing strategy is providing cushion amid receding cigarette volumes.
B&G Foods (BGS) Q4 Earnings Meet Estimates, Decline Y/Y
by Zacks Equity Research
B&G Foods' (BGS) fourth-quarter 2019 results reflect high interest expenses and lower base business sales. However, total sales improve year over year on gains from the Clabber Girl buyout.
Buy 3 Food Stocks That Have Crushed the Industry in 6 Months
by Vrishali Bagree
Several food companies in the space are grappling with input cost inflation and competition. However, we have highlighted three players that have rallied more than 35% in the past six months.
Pilgrim's Pride (PPC) Q4 Earnings Miss Estimates, Sales Up Y/Y
by Zacks Equity Research
Strength in the United States, Mexico and Europe drives Pilgrim's Pride's (PPC) fourth-quarter 2019 earnings and revenues.
Hormel Foods (HRL) Q1 Earnings Lag Estimates, Sales Up Y/Y
by Zacks Equity Research
Hormel Foods' (HRL) earnings and sales increase year over year in first-quarter fiscal 2020. International, Jennie-O Turkey Store and Refrigerated Foods units look strong.
B&G Foods (BGS) Adds Farmwise to Its Robust Brands Kitty
by Zacks Equity Research
B&G Foods (BGS) completes the acquisition of Farmwise to boost growth.
Mondelez's Strategic Plans Underway, Long-Term Goals Intact
by Zacks Equity Research
Mondelez (MDLZ) records solid top and bottom-line growth along with enhanced free cash flow within a year of its strategic plan launch.
Miscellaneous Food Industry Outlook Eclipsed by Rising Costs
by Vrishali Bagree
Food companies have been reeling under cost inflation for various commodities like vegetables, dairy items, as well as animal feed among others.
Service Corporation (SCI) Q4 Earnings In Line, Increase Y/Y
by Zacks Equity Research
Service Corporation's (SCI) fourth-quarter 2019 results gain from sturdy funeral growth and reduced costs.
Conagra Trims Fiscal 2020 View on Soft Consumption in Q3
by Zacks Equity Research
Conagra Brands (CAG) cuts fiscal 2020 view due to weaker-than-anticipated category performance in the third quarter. However, the company remains focused on achieving fiscal 2022 goals.
Lamb Weston Up More Than 35% in a Year on Solid Sales Trend
by Zacks Equity Research
Lamb Weston's (LW) focus on efficient buyouts and capacity-expansion efforts bode well. Further, the company is gaining from its LTO innovation.
Newell (NWL) Earnings and Sales Surpass Estimates in Q4
by Zacks Equity Research
Newell (NWL) delivers $1 billion in operating cash flow for 2019, remaining ahead of its plan. Its earnings and sales for fourth-quarter 2019 gain from the progress on productivity and cost-saving plan.
TreeHouse Foods (THS) Q4 Earnings Beat Estimates, Sales Miss
by Zacks Equity Research
TreeHouse Foods (THS) posts yet another soft-sales performance due to adverse impacts from SKU rationalization and unfavorable volume/mix.
Kraft Heinz (KHC) Q4 Earnings Surpass Estimates, Sales Lag
by Zacks Equity Research
Kraft Heinz's (KHC) fourth-quarter sales hurt by unfavourable currency and impacts of divestiture.
Church & Dwight Gains on International Unit, Brand Strength
by Zacks Equity Research
Church & Dwight's (CHD) Consumer International segment has been contributing to the company's organic sales growth for a while. However, high SG&A and marketing costs are a concern.
Post Holdings' (POST) Q1 Earnings & Revenues Lag Estimates
by Zacks Equity Research
Post Holdings (POST) reports lower-than-expected first-quarter fiscal 2020 results.
Hain Celestial (HAIN) Gains on Q2 Earnings Beat, Revises View
by Zacks Equity Research
Hain Celestial (HAIN) posted better-than-expected earnings and sales for second-quarter fiscal 2020. It raised the low end of adjusted EBITDA and earnings view for the fiscal year.
Kellogg (K) Q4 Earnings Top Estimates, Sales Decline Y/Y
by Zacks Equity Research
Kellogg's (K) fourth-quarter 2019 earnings and sales reflect impacts from the divestiture of the company's cookies, fruit snacks, pie crusts and ice-cream cones businesses.
Tyson Foods' (TSN) Earnings & Sales Miss Estimates in Q1
by Zacks Equity Research
Tyson Foods (TSN) reports lower-than-expected first-quarter fiscal 2020 results.
Philip Morris (PM) Q4 Earnings Match Estimates, Revenues Beat
by Zacks Equity Research
Philip Morris' (PM) fourth-quarter 2019 results gain on favorable pricing. However, combustible category revenues remain soft.
Flowers Foods (FLO) Q4 Earnings & Sales Top Estimates, Up Y/Y
by Zacks Equity Research
Flowers Foods' (FLO) fourth-quarter results gain from core brand improvement along with portfolio and supply-chain optimization efforts.