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Zacks News
Hershey (HSY) Beats on Q4 Earnings, Issues 2017 Guidance
by Zacks Equity Research
The Hershey Company (HSY) beat the Zacks Consensus Estimate for earnings, while sales missed the same in fourth-quarter 2016.
Mondelez (MDLZ) Q4 Earnings: Disappointment in the Cards?
by Zacks Equity Research
Mondelez International, Inc. (MDLZ) is set to report fourth-quarter 2016 results on Feb 7, after the market closes. Let's see how things are shaping up for this announcement.
J&J Snack Foods (JJSF) Beats Earnings & Revenues in Q1
by Zacks Equity Research
J&J Snack Foods Corp. (JJSF), a leading snack food provider, reported first quarter of fiscal 2017 earnings of 72 cents per share, surpassing the Zacks Consensus Estimate of 64 cents by 12.5%.
Mondelez Vends Grocery Brands to Australia's Bega Cheese
by Zacks Equity Research
Mondelez International, Inc. (MDLZ) has entered into a deal to vend its grocery product businesses in Australia and New Zealand to dairy company Bega Cheese Ltd.
General Mills (GIS) Misses Q2 Earnings, Updates View
by Zacks Equity Research
General Mills, Inc. (GIS) reported second-quarter fiscal 2017 adjusted earnings per share of 85 cents that missed the Zacks Consensus Estimate of 88 cents by 3.4%.
Pinnacle Foods Upgraded to Buy: What's Driving the Stock?
by Zacks Equity Research
On Dec 20, Zacks Investment Research upgraded Pinnacle Foods, Inc. (PF) to a Zacks Rank #2 (Buy), probably driven by the company???s acquisitions and robust estimate revisions.
Company News for December 16, 2016
by Zacks Equity Research
Companies In The News are: MDLZ,KHC,LLY,PIR,APOG
The Zacks Analyst Blog Highlights: FedEx, Express Scripts, Mondelez, Lockheed Martin and Medtronic
by Zacks Equity Research
The Zacks Analyst Blog Highlights: FedEx, Express Scripts, Mondelez, Lockheed Martin and Medtronic
Coca-Cola European (CCE) Issues Guidance for 2016 & 2017
by Zacks Equity Research
Coca-Cola European Partners plc. (CCE), also known as CCEP, recently provided guidance for full-year 2016 and 2017.
Can General Mills (GIS) Maintain its Earnings Streak in Q2?
by Zacks Equity Research
General Mills Inc. (GIS) is set to report second-quarter fiscal 2017 results on Dec 20, before the market opens.
Mondelez Strong on Portfolio & Innovation: Should You Add?
by Zacks Equity Research
On Dec 15, we issued an updated research report on Mondelez International, Inc. (MDLZ) - one of the leading global snacks company.
Top Research Reports for FedEx, Mondolez & Express Scripts
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including FedEX (FDX), Express Scripts (ESRX) and Mondelez (MDLZ).
SUPERVALU Grappling with Headwinds: Should You Hold?
by Zacks Equity Research
Grocery retailer SUPERVALU Inc. (SVU) seems to be in a state of doldrums at the moment.
Kraft Heinz's (KHC) Growth Prospects Bright; Risks Remain
by Zacks Equity Research
On Dec 12, we issued an updated research report on The Kraft Heinz Company (KHC), the fifth-largest branded food and beverage company in the world.
TreeHouse Foods (THS) Recalls Products on Salmonella Risk
by Zacks Equity Research
TreeHouse Foods, Inc. (THS) recently recalled certain macaroni and cheese cup products containing cheddar cheese seasoning, after a supplier notified that the milk powder used in the seasoning might be contaminated with Salmonella.
Sysco (SYY) Shares on the Rise: What's Behind the Uptrend?
by Zacks Equity Research
Sysco Corp. (SYY) looks quite promising buoyed by its impressive earnings history and solid growth strategies. Driven by these factors, this Zacks Rank #2 (Buy) company hit a 52-week high of $55.29 on Dec 9.
Pinnacle Foods Maintains 2016 View, to Provide 2017 Outlook
by Zacks Equity Research
Pinnacle Foods, Inc. (PF) recently reaffirmed its 2016 earnings guidance and announced that it will provide an initial outlook for 2017 earnings on Dec 15. The food company will also discuss 2016 performance on the said date.
United Natural (UNFI) Falls on Q1 Earnings and Sales Miss
by Zacks Equity Research
Shares of specialty foods distributor United Natural Foods, Inc. (UNFI) declined 4.26% in afterhours trading on Dec 7, after the company posted weaker-than-expected first quarter of fiscal 2017 results. Both earnings and revenues lagged the Zacks Consensus Estimate. Further, the company reiterated its fiscal 2017 view.
Nu Skin (NUS) Provides Weak 2016 Sales View; CEO to Exit
by Zacks Equity Research
Nu Skin Enterprises Inc. (NUS) recently updated its financial guidance for 2016, wherein it expects sluggish sales growth and also announced the exit of its Chief Executive Officer ("CEO"). Shares of Nu Skin declined 7.2% yesterday after the news. The company also provided an initial guidance for 2017.
Coca-Cola Opens Bottling Plant in Cambodia, Invests $100M
by Zacks Equity Research
The Coca-Cola Company (KO) opened a new bottling plant in Phnom Penh, Cambodia. The investment, valued at $100 million, is part of Coca-Cola's plan to expand its production facility in the Southeast Asian country by 2018.
Will Cost Saving Initiatives Drive Hershey Company (HSY)?
by Zacks Equity Research
Hershey's (HSY) shares have gained around 9.66% year to date, compared to the 3.6% decline of the Zacks categorized Food-Confectionary industry. However, its sales trend has been weak since 2014.
General Mills Plans to Restructure, Cut 400 to 600 Jobs
by Zacks Equity Research
General Mills Inc. (GIS) announced a restructuring plan at the close of its 150th anniversary celebrations.
McCormick (MKC) Gains Despite Headwinds: Time to Hold?
by Zacks Equity Research
Despite several headwinds, McCormick & Company, Inc. (MKC) has been gaining momentum and is looking to reap long-term gains owing to acquisitions and cost savings measures.
B&G Foods (BGS) Takes Over Victoria Fine Foods for $70M
by Zacks Equity Research
B&G Foods, Inc. (BGS) has now taken over Victoria Fine Foods Holding Company and Victoria Fine Foods, LLC from Huron Capital Partners and other sellers for roughly $70 million in cash.
General Mills: Portfolio & Initiatives Solid, US Sales Low
by Zacks Equity Research
On Dec 2, we issued an updated research report on General Mills, Inc. (GIS), a global manufacturer and marketer of branded consumer food products through retail stores.