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Zacks News
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.
The Estee Lauder Companies (EL) Rides on Solid Online Business
by Zacks Equity Research
The Estee Lauder Companies' (EL) online business is yielding impressive results. Also, its Skin Care portfolio has been performing well for a while now.
Hershey's (HSY) Innovations Look Solid, High Costs a Worry
by Zacks Equity Research
The Hershey Company (HSY) has been benefiting from strength in the North America segment. However, weakness in the International business is a cause of concern.
Mondelez (MDLZ) Benefits From Lucrative Buyouts, Saving Efforts
by Zacks Equity Research
Mondelez (MDLZ) has been keen on expanding its business through acquisitions. Also, its cost-saving efforts have been yielding amid strained adjusted gross margin.
McCormick (MKC) Benefits from High Demand, Lucrative Buyouts
by Zacks Equity Research
McCormick (MKC) is gaining on pandemic-induced escalated at-home cooking trend. Also, effective cost-saving plans bode well amid rising costs.
Church & Dwight (CHD) Sees High Demand but Cost Woes Stay
by Zacks Equity Research
Church & Dwight (CHD) has been gaining on pandemic-led rising consumer demand and solid online business. However, high COVID-19 costs are a worry.
Zacks Industry Outlook Highlights: J.M. Smucker Co, Lamb Weston, Hain Celestial, Campbell Soup and United Natural Foods
by Zacks Equity Research
Zacks Industry Outlook Highlights: J.M. Smucker Co, Lamb Weston, Hain Celestial, Campbell Soup and United Natural Foods
United Natural (UNFI) Rallies on Q2 Earnings Beat, Higher Sales
by Zacks Equity Research
United Natural's (UNFI) second-quarter fiscal 2021 results reflect increased top and bottom lines. Solid retail demand and lower costs aid performance.
3 Food Stocks to Buy Even As Demand Conditions Moderate
by Zacks Equity Research
The Zacks Food-Miscellaneous industry grapples with rising costs along with concerns surrounding moderation in demand. However, portfolio growth efforts have been aiding The J.M. Smucker (SJM), Lamb Weston (LW) and The Hain Celestial Group (HAIN).
Lamb Weston (LW) Introduces Fresh Fries in Mercosur, Aids Growth
by Zacks Equity Research
Lamb Weston's (LW) joint venture with Sociedad Comercial del Plata in Argentina will bring the Lamb Weston brand to Foodservice across Mercosur.
Campbell's (CPB) Q2 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
Campbell's (CPB) Q2 results reflect higher earnings and sales, with strength across the Snacks as well as the Meals & Beverages segments.