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Zacks News
What Fresh Catalysts Can Assist Stocks?
by John Blank
There needs to be a new source of bullishness.
Dollar General (DG) Beats on Q1 Earnings, Lifts Sales View
by Zacks Equity Research
Dollar General's (DG) first-quarter same-store sales decline 0.1% owing to lower customer traffic, partly offset by an increase in average transaction amount.
General Mills (GIS) to Sell Helper Business, Reshape Portfolio
by Zacks Equity Research
General Mills' (GIS) deal to divest the Helper main meals and Suddenly Salad side dishes businesses goes in tandem with the company's Accelerate strategy.
Is Invesco Dynamic Leisure and Entertainment ETF (PEJ) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for PEJ
General Mills (GIS) Gains on Accelerate Strategy & Pet Unit Sales
by Zacks Equity Research
General Mills (GIS) is on track with its three key priorities for fiscal 2022, which align with the Accelerate strategy. Solid Pet segment sales are a key driver.
Lamb Weston (LW) Up on Pricing Action & Foodservice Rebound
by Zacks Equity Research
Lamb Weston (LW) is benefiting from robust price/mix for a while. Also, the company is focused on undertaking strategic growth efforts like expanding capacity.
Albertsons (ACI) Gains Market Share on Operational Strength
by Zacks Equity Research
Albertsons Companies (ACI) has been directing resources toward expanding digital and omni-channel capabilities in order to better engage with members and provide them a convenient way to shop.
United Natural's (UNFI) Growth Pillars & Online Sales Solid
by Zacks Equity Research
United Natural (UNFI) is on track to undertake growth initiatives under its future pillar, including brands, professional services and fresh.
Flowers Foods (FLO) Stock Up on Q1 Earnings Beat & Sales Growth
by Zacks Equity Research
Flowers Foods' (FLO) first-quarter fiscal 2022 results reflect higher sales and earnings. Management raised its fiscal 2022 sales guidance range.
Sysco's (SYY) Latest Move to Enhance Delivery to Aid Growth
by Zacks Equity Research
Sysco (SYY) and Daimler Truck North America unveil a Letter of Intent to allocate up to around 800 battery electric Freightliner eCascadia Class 8 tractors to cater to Sysco's U.S. customers by 2026.
Kimberly-Clark's (KMB) Saving Efforts Aid Amid Rising Costs
by Zacks Equity Research
Kimberly-Clark's (KMB) efficient cost-saving efforts are yielding amid rising input costs. Also, the company is committed to its three key strategic growth pillars.
Service Corporation (SCI) Stock Appears Promising: Here's Why
by Zacks Equity Research
Service Corporation (SCI) has been gaining on its robust Funeral segment sales and its focus on expansion.
Mondelez (MDLZ) Troubled by Cost Inflation, Supply-Chain Woes
by Zacks Equity Research
Mondelez (MDLZ) has been encountering inflation in input costs and supply-chain bottlenecks. Management cuts its EPS growth forecast due to cost inflation.
Albertsons (ACI) Soars 54% in a Year, Drives Omnichannel Space
by Zacks Equity Research
Albertsons (ACI) focuses on enhancing its digital and omni-channel capabilities and boosting productivity. ACI is steadily strengthening its delivery capabilities as well.
Tyson Foods (TSN) Gains on Solid Brands & Capacity-Expansion
by Zacks Equity Research
Tyson Foods (TSN) is undertaking several operational and supply chain efficiency programs to place itself better for the long run.
Sysco (SYY) Looks Promising: Stock Up More Than 10% in 6 Months
by Zacks Equity Research
Sysco Corporation (SYY) has been gaining on its Recipe for Growth plan and solid food-away-from-home trends.
Bitcoin Prices Are Plunging: Global Week Ahead
by John Blank
Stock traders enter the week with the Nasdaq index down -24.5% YTD, the S&P 500 down -15.6% and Bitcoin (BTC) prices in a freefall.
Has Archer Daniels Midland (ADM) Outpaced Other Consumer Staples Stocks This Year?
by Zacks Equity Research
Here is how Archer Daniels Midland (ADM) and Sysco (SYY) have performed compared to their sector so far this year.
McCormick (MKC) Stock Up More Than 15% in 6 Months: Here's Why
by Zacks Equity Research
McCormick (MKC) is benefiting from a robust recovery in the away-from-home demand. The company's prudent buyouts are yielding.
B&G Foods (BGS) Troubled by Cost Inflation, Supply-Chain Woes
by Zacks Equity Research
B&G Foods (BGS) has been encountering industry-wide inflation in input costs and supply-chain bottlenecks. Management cuts its adjusted EBITDA and EPS forecast due to cost inflation.
General Mills (GIS) TNT Crust Buyout to Fuel Accelerate Strategy
by Zacks Equity Research
General Mills (GIS) to acquire TNT Crust by first-quarter fiscal 2023. The move fortifies the company's position in the fast-growing away-from-home frozen baked goods category.
Here's How Coca-Cola (KO) Stock is Poised Amid Cost Headwinds
by Zacks Equity Research
Although supply-chain issues and high costs prevail, Coca-Cola (KO) remains well-placed for growth on robust demand, strategic transformation and ongoing worldwide recovery.
Inter Parfums (IPAR) Q1 Earnings Top Estimates, Sales Rise Y/Y
by Zacks Equity Research
Inter Parfums' (IPAR) first-quarter 2022 results reflect higher earnings and sales on growth across European and U.S.-based operations.
Company News for May 11, 2022
by Zacks Equity Research
Companies in The News Are: TDG, H, FOXA, SYY
Mondelez (MDLZ) Growth Strategy Includes Portfolio Focus & More
by Zacks Equity Research
Mondelez International (MDLZ) updates the progress of its long-term strategy on its Investor Day. Also, the company updates its long-term organic net revenue growth algorithm to 3-5%.