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Zacks News
The Zacks Analyst Blog Highlights: B&G Foods, Hain Celestial, Medifast and United Natural Foods
by Zacks Equity Research
The Zacks Analyst Blog Highlights: B&G Foods, Hain Celestial, Medifast and United Natural Foods
4 Food Stocks Up More Than 50% in 2020 With Room to Grow
by Vrishali Bagree
Several food companies are gaining on higher at-home consumption amid the pandemic. Also, focus on innovation and other brand-building efforts has been backing growth for B&G Foods (BGS), Hain Celestial (HAIN), Medifast (MED) and United Natural (UNFI).
United Natural (UNFI) Looks Solid on Higher Demand & Buyout
by Zacks Equity Research
United Natural (UNFI) is benefiting from escalated demand stemming from higher at-home consumption amid the pandemic. However, higher operating costs are headwinds.
At-Home Dining Trends to Keep These 3 Food Stocks Winning in 2021
by Vidya Nair
Favorable demand stemming from at-home dining practices amid the coronavirus pandemic is a boon for stocks like Hain Celestial (HAIN), B&G Foods (BGS) and United Natural Foods (UNFI).
The Zacks Analyst Blog Highlights: Target, Hain Celestial Group, B&G Foods and United Natural Foods
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Target, Hain Celestial Group, B&G Foods and United Natural Foods
Company News for Dec 10, 2020
by Zacks Equity Research
Companies In The News Are: UNFI,CATM,FEYE,LLY
United Natural's (UNFI) Q1 Earnings Miss Estimates, Sales Up
by Zacks Equity Research
United Natural's (UNFI) first-quarter fiscal 2021 results reflect higher sales, courtesy of robust consumer demand and cross-selling benefits. Also, earnings increase year over year.
Campbell (CPB) Q1 Earnings & Sales Top Estimates, Dividend Up
by Zacks Equity Research
Campbell's (CPB) Q1 results reflect higher earnings and sales, with strength across the Snacks as well as the Meals & Beverages segments, encouraging management to hike dividend by 6%.
United Natural Foods (UNFI) Lags Q1 Earnings and Revenue Estimates
by Zacks Equity Research
United Natural (UNFI) delivered earnings and revenue surprises of -30.14% and -2.00%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?
4 Grocery Stocks to Buy as COVID-19 Takes a Worse Turn
by Ritujay Ghosh
Target Corporation (TGT), B&G Foods (BGS) and The Hain Celestial Group (HAIN) have gained over the past few months as people have been stockpiling on groceries and the trend is going to continue in the near term.
High Retail Demand Aids Kellogg (K) Amid Foodservice Declines
by Zacks Equity Research
Kellogg's (K) retail channel has been gaining on rising demand on the pandemic-led higher at-home consumption. However, soft away-from-home demand has been weighing on the foodservice channel.
Tyson Foods (TSN) Retail Business Solid, Foodservice Troubled
by Zacks Equity Research
Tyson Foods (TSN) has been gaining on solid retail business amid the pandemic-led higher at-home consumption. However, soft foodservice demand has been a concern.
Hormel Foods (HRL) Benefits From Brand Strength, Costs High
by Zacks Equity Research
Hormel Foods' (HRL) focus on product innovations are yielding. Also, the company's lucrative buyouts are noteworthy.
Here's How United Natural (UNFI) Looks Ahead of Q1 Earnings
by Zacks Equity Research
Increased demand owing to higher at-home consumption amid the coronavirus outbreak is likely to get reflected in United Natural's (UNFI) first-quarter fiscal 2021 performance.
Smucker's (SJM) Natural Balance Business Sale to Aid Growth
by Zacks Equity Research
Smucker (SJM) expects to sell Natural Balance premium pet food business by third-quarter fiscal 2021. It intends to focus on core brands in the pet food and pet snacks portfolio.
Mondelez (MDLZ) Extends Buyback Plan to Boost Shareholder Value
by Zacks Equity Research
Mondelez (MDLZ) extends its share repurchase authorization by an additional $4 million, while also widening its validity till 2023-end.
United Natural Foods (UNFI) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
United Natural (UNFI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Church & Dwight (CHD) Boosts Portfolio With ZICAM Brand
by Zacks Equity Research
Church & Dwight's (CHD) addition of the ZICAM brand, which fits its long-standing buyout criteria, is likely to strengthen the company's existing portfolio.
Smucker (SJM) Sells Crisco Business to B&G Foods, Updates View
by Zacks Equity Research
Smucker (SJM) closes the sale of Crisco oils and shortening business to B&G Foods. The company also updates fiscal 2021 guidance to reflect the divestiture impact on its top and bottom lines.
Flower Foods (FLO) Hurt by Weakness in Foodservice Business
by Zacks Equity Research
Increased social distancing amid COVID-19 is hurting Flowers Foods' (FLO) foodservice business. The company is also seeing escalated costs.
Smucker's (SJM) Retail Business Solid, Away From Home Soft
by Zacks Equity Research
Smucker (SJM) has been benefiting from rising at-home consumption amid the pandemic, which is boosting its retail business. However, social distancing has taken a toll on the Away From Home channel.
McCormick (MKC) Acquires Cholula to Boost Condiment Platform
by Zacks Equity Research
McCormick (MKC) closes its previously-announced acquisition of Cholula from L Catterton for $800 million, financed through cash on hand and commercial paper.
Lamb Weston's (LW) Retail Unit Strong, Foodservice Troubled
by Zacks Equity Research
Lamb Weston (LW) has been gaining on a solid retail business due to elevated demand amid the pandemic. However, soft away-from-home demand has been marring foodservice sales.
Medifast (MED) Up More Than 75% YTD: Will Momentum Stay?
by Zacks Equity Research
Medifast (MED) has been gaining on robust performance of OPTAVIA. Also, the company has certain planned investments for growth, though they are likely to affect margins.
Pilgrim's Pride (PPC) Looks Solid on Strategic Growth Efforts
by Zacks Equity Research
Strength in Pilgrim's Pride (PPC) European business is yielding results. Also, the company's focus on its customer-centric initiatives is impressive.