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Zacks News
Tyson Foods' (TSN) New Tennessee Facility to Bolster Capacity
by Zacks Equity Research
Tyson Foods (TSN) opens a poultry complex including processing plant, feed mill and hatchery in Humboldt, Tennessee. The facility will start production by April end.
Conagra (CAG) Q3 Earnings Surpass Estimates, Sales Up Y/Y
by Zacks Equity Research
Conagra's (CAG) third-quarter fiscal 2021 results reflect increased sales and earnings on gains from higher at-home consumption amid the pandemic. This boosted the company's retail business.
United Natural's (UNFI) Community Marketplace to Boost Online Sales
by Zacks Equity Research
United Natural (UNFI) launches Community Marketplace for emerging brands to help them in expanding distribution with the company's customers.
General Mills (GIS) Poised on High Demand, Accelerate Strategy
by Vrishali Bagree
General Mills (GIS) is benefiting from increased pandemic-led demand and strength in Accelerate strategy. However, high input costs and softness in the Convenience & Foodservice segment are concerns.
General Mills (GIS) Poised on High Demand, Accelerate Strategy
by Zacks Equity Research
General Mills (GIS) is benefiting from increased pandemic-led demand and strength in Accelerate strategy. However, high input costs and softness in the Convenience & Foodservice segment are concerns.
Lamb Weston (LW) Q3 Earnings Lag Estimates, Fall Year Over Year
by Zacks Equity Research
Lamb Weston's (LW) third-quarter fiscal 2021 results reflect a decline in earnings and sales due to lower demand in the away-from-home channel. Also, COVID-19 costs remain high.
Mondelez (MDLZ) Poised on Lucrative Buyouts & Saving Plans
by Zacks Equity Research
Mondelez (MDLZ) is strategically increasing its presence through acquisitions to boost portfolio. However, weakness across some emerging markets is a concern.
Medifast (MED) Rallies More Than 25% in 6 Months: Here's Why
by Zacks Equity Research
Medifast (MED) has been benefiting from its OPTAVIA lifestyle solution and coaching support system, which is well placed given consumers' rising inclination toward health and wellness.
The Estee Lauder Companies (EL) Surges on Solid Online Business
by Zacks Equity Research
The Estee Lauder Companies (EL) is implementing new technology and digital experiences to boost online business. Also, the company's Skin Care portfolio is performing well.
Kimberly-Clark (KMB) Hikes Product Price to Fight Cost Inflation
by Zacks Equity Research
Kimberly-Clark (KMB) will hike net selling prices for most of its North America consumer products business by the end of June. This will help the company battle high commodity costs.
Smucker (SJM) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
Smucker (SJM) 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.
The J.M. Smucker (SJM) Firm on Retail Demand, Robust Portfolio
by Zacks Equity Research
The J.M. Smucker (SJM) is benefiting from its prudent alliances, buyouts and divestitures. Further, strong digital business and high pandemic-led demand in the retail business is driving the company.
The Kraft Heinz (KHC) Gains on Solid Operating Model, High Demand
by Zacks Equity Research
The Kraft Heinz (KHC) is committed to its operating model, laid out last year. Also, it is witnessing rising demand amid pandemic-led elevated at-home consumption.
United Natural (UNFI) More Than Double in 3 Months: Here's Why
by Zacks Equity Research
United Natural Foods (UNFI) is gaining on burgeoning retail demand amid pandemic-led increased consumption at home. Also, e-commerce sales are strong.
McCormick's (MKC) Q1 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
McCormick's (MKC) first-quarter fiscal 2021 results reflect the impact of higher sales and earnings driven by growth in the Consumer and Flavor Solutions unit. Management raises fiscal 2021 view.
Why Is Smucker (SJM) Up 11.7% Since Last Earnings Report?
by Zacks Equity Research
Smucker (SJM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The J.M. Smucker's (SJM) Deal With JDE Peet's to Aid Growth
by Zacks Equity Research
The J. M. Smucker (SJM) teams up with JDE Peet's, which is likely to support the former's Away From Home liquid coffee business.
General Mills (GIS) Q3 Earnings Lag Estimates, Sales Grow Y/Y
by Zacks Equity Research
General Mills' (GIS) third-quarter fiscal 2021 results reflect increased at-home demand amid the pandemic. However, high input costs are a concern.
General Mills (GIS) Strikes Deal With Sodiaal to Drive Growth
by Zacks Equity Research
General Mills (GIS) to offload 51% controlling interest in Yoplait S.A.S. to Sodiaal, in exchange of complete ownership of the Canadian Yoplait business.
Mondelez's (MDLZ) Grenade Buyout to Boost Snacking Portfolio
by Zacks Equity Research
Mondelez (MDLZ) is on track to acquire Grenade by the end of March and expand in the broader snacking and fast-growing well-being categories.
High Retail Demand Aids Kellogg (K) Amid Foodservice Declines
by Zacks Equity Research
Kellogg Company (K) is benefiting from high retail demand amid pandemic-led increased at-home consumption.
Flowers Foods (FLO) Troubled by Foodservice Declines, High Costs
by Zacks Equity Research
Flowers Foods' (FLO) foodservice business has been soft amid the pandemic. Also, the company's fiscal 2021 view reflects year-over-year declines in sales and earnings per share.
Coty (COTY) Poised on E-Commerce Strength & Saving Efforts
by Zacks Equity Research
Coty (COTY) has been gaining on its core priorities, which include achieving robust e-commerce momentum and undertaking innovation. Also, its saving plans have been aiding.
Pandemic-Led Demand Aids Campbell Soup (CPB), High Costs Hurt
by Zacks Equity Research
Campbell Soup (CPB) is benefiting from growth in at-home food consumption trends amid the coronavirus pandemic. However, it is facing cost inflation.
Sysco (SYY) Adds New Foodie Solutions Toolkits, Aids Customers
by Zacks Equity Research
Sysco (SYY) adds three new toolkits to the Foodie Solutions platform. These include Brunch, Protecting Your Business and Turning Your Tables.