Diamond Foods operates in two segments that are the Snack segment and the Nut segment. The latter consists of the Emerald and Diamond of California brands.
Diamond Foods missed estimates by 12.5% for the first time in the last five quarters. It had surpassed estimates for EPS in all the four quarters of fiscal 2015.
As of December 10, Diamond Foods closed at $38.6. The company has shown positive EPS growth in the last fiscal year, contributing to the stock price’s performance.
Diamond Foods (DMND) reported its fiscal 1Q16 earnings on December 9. The stock didn’t react much to the first quarter results. It fell by 0.33% on the day.
Sanderson Farms has a dividend yield of 1.1% as of December 10, 2015. The company’s dividend rose at an average annual rate of 6.6% over five years.
Accruals booked for Sanderson Farms’ bonus award program and a contribution to the company’s employee stock ownership plan impacted the results.
Sanderson Farms delivered net sales of $739.9 million—a fall of 4% compared to fiscal 3Q14. There was a decrease in the average sales price for poultry products.
Sanderson Farms’ (SAFM) EPS (earnings per share) missed the consensus estimate by a wide margin of 21% in the fiscal 3Q15.
As of December 10, 2015, Sanderson Farms closed at $77.15. It trades 10.6%, 9.7%, 7% above its 100-day, 50-day, and 20-day moving averages.
Sanderson Farms will report its fiscal 4Q15 earnings results on December 17. It nearly touched $100 in 2014 amid strong chicken prices and lower feed costs.
A key update in the nonalcoholic beverage industry was the December 8 announcement that Cott (COT) will acquire Aquaterra, a Canada-based water delivery and coffee service business.
Monster Beverage’s valuation multiple has increased 22.2% since the start of 2015. It’s supported by a higher estimated growth rate in its earnings and the strong demand for energy drinks.
As of December 8, 2015, Monster Beverage’s (MNST) stock price has risen by 44.7% to $156.50 since the beginning of the year. It has outperformed its nonalcoholic beverage peers.
Monster Beverage (MNST) enjoys higher margins than other nonalcoholic beverage companies primarily due to the higher pricing of energy drinks compared to soda beverages.
Dr Pepper Snapple is trying to improve its presence in still beverages. It currently has lower exposure to energy drinks and some of the faster growing still beverages.
Monster Beverage came in at the top of the other beverage giants in fiscal 3Q15. Dr Pepper Snapple followed with a sales growth of 3%, beating Coca-Cola and PepsiCo, whose revenue declined.
Based on its strong year-to-date results, Kroger has raised its earnings guidance for the third time this year.
Kroger has a long-term financial strategy to use cash to drive growth and return capital to shareholders through the share repurchases and dividends.
Kroger reported revenue of $25.1 billion in fiscal 3Q16, registering 0.4% rise year-over-year. It missed consensus estimates by 0.5%, or $126 million.
Kroger’s net earnings totaled $428 million, or $0.43 per diluted share, in 3Q16. This was a rise of 24.6% in earnings per share.