RECENT Consumer Staples RESEARCH
In this series, we’ll analyze Campbell Soup’s fiscal 1Q18 performance.
The Chesapeake-based Dollar Tree (DLTR) reported its results for 3Q17 on November 21, 2017. The results relate to the three-month period ending October 28.
On Monday, analyst Matthew Fassler with Goldman Sachs downgraded Walmart (WMT) stock to “neutral” from “buy” with a target price of $100.
J.M. Smucker beat sales and earnings estimates in fiscal 2Q18. As a result, several analysts covering the stock raised their target price.
Tyson Foods (TSN) announced better-than-expected fiscal 4Q17 results on Monday, November 13, 2017. The company’s sales and EPS easily surpassed Wall Street’s expectations.
The Chesapeake-based Dollar Tree (DLTR) is slated to release its 3Q17 results on November 21. The results relate to the three-month period ending October 28.
Campbell Soup (CPB) is set to report its fiscal 1Q18 results on November 21.
Walmart (WMT) is expected to announce its fiscal 3Q18 results on November 16, 2017. Analysts expect the company to mark a year-over-year improvement in its top line.
Monster Beverage (MNST) reported its 3Q17 results after the close of financial markets on November 8. The leading energy drink maker’s 3Q17 sales exceeded analysts’ expectations, while earnings were in line with estimates.
SJM stock has fallen 19.9% on a YTD (year-to-date) basis as of November 9, 2017. Tepid sales and pressure on margins led investors to dump the stock.
Target (TGT) is set to announce its fiscal 3Q17 results on November 15, 2017. Analysts expect Target’s sales to improve on a YoY (year-over-year) basis.
Tyson Foods (TSN) is set to announce its fiscal 4Q17 results next week. Analysts expect the company’s sales to improve on a YoY (year-over-year) basis.
Arizona-based Sprouts Farmers Market (SFM) reported results for 3Q17 on Thursday, November 2, 2017.
Monster Beverage stock has risen by an impressive 30.4% on a YTD (year-to-date) basis as of November 1. The stock has outperformed its key nonalcoholic beverage peers and the broader market.
Kellogg (K) surprised investors on Tuesday, October 31, 2017, with strong 3Q17 results. After the earnings release, Kellogg stock rose 6.2% and closed at $62.53.
Costco (COST) continued with its stellar sales performance in October. The company’s comparable-store sales rose 7.5% for the four-week period ending on October 29, 2017.
Dr Pepper Snapple (DPS) stock fell 4.7% on October 25, 2017, in reaction to its 3Q17 results. The third-largest soda drink maker in the United States missed analysts’ sales and earnings estimates.
Excluding one-time items, Coca-Cola delivered adjusted EPS (earnings per share) of $0.50 in 3Q17, surpassing the consensus analysts’ estimate of $0.49.
Hershey (HSY) reported better-than-expected 3Q17 results on Thursday, October 26, 2017. It surpassed analysts’ top-line and bottom-line estimates.
Kraft Heinz (KHC) will announce its 3Q17 results on Wednesday, November 1, 2017. Analysts expect the company’s earnings to remain pressured due to increasing input costs.