RECENT Consumer Staples RESEARCH
J.M. Smucker (SJM) stock fell 9.5% after the company’s weaker-than-expected fiscal 1Q18 results on August 24, 20017. It missed analysts’ expectations for sales and EPS.
Analysts expect Campbell Soup to report adjusted earnings of $0.55, which would be a YoY (year-over-year) growth of 19.6%.
Target (TGT) reported strong fiscal 2Q17 results that surpassed analysts’ sales and earnings per share estimates.
SJM stock has fallen 4.0% on a YTD (year-to-date) basis and has underperformed the S&P 500 Index (SPX-INDEX).
Target’s (TGT) acquisition of transportation tech startup Grand Junction could help it augment its delivery capabilities and boost its digital business.
Wall Street analysts expect Walmart’s (WMT) fiscal 2Q18 adjusted earnings per share to remain flat at $1.07 on a year-over-year basis.
Target (TGT) plans to announce its fiscal 2Q17 sales and earnings results on August 16. TGT’s management noted that its comps could show modest improvement year-over-year.
Tyson Foods (TSN) posted strong fiscal 3Q17 results, and the company’s stock rose 5.7 %. Tyson Foods’ fiscal 3Q17 top- and bottom-line results beat analysts’ estimates.
Kellogg (K) reported better-than-expected 2Q17 earnings results on August 3, 2017, despite a continued decline in consumption for packaged food.
Mondelēz International (MDLZ) reported better-than-expected 2Q17 sales and earnings results. MDLZ stock rose 1.1% before closing at $44.10 on August 2, 2017.
Tyson Foods (TSN) stock took a beating following its sluggish fiscal 2Q17 results. TSN plans to report its fiscal 3Q17 sales and earnings results on August 7.
Whole Foods Market (WFM) reported its results for fiscal 3Q17 on Wednesday, July 26, 2017.
Minnesota-based SUPERVALU (SVU) reported its fiscal 1Q18 results on July 25, 2017. The results pertain to the three-month period that ended on June 17, 2017.
Mondelēz stock has taken a beating in the past month and a half amid industry-wide weakness, increased competition, changing retail dynamics, and cyber attacks.
Monster Beverage stock has risen 20.4% on a YTD (year-to-date) basis as of July 25, 2017.
In 1Q17, Dr Pepper Snapple delivered sales of $1.5 billion, missing the consensus analysts’ sales estimate of $1.6 billion.
Soda giant Coca-Cola (KO) is scheduled to report its 2Q17 results on July 26. KO’s stock price has risen 8.1% on a YTD basis as of July 19.
Arizona-based Sprouts Farmers Market (SFM) is slated to release its 2Q17 results on August 3. Its total sales are expected to rise 12.9% year-over-year to ~$1.2 billion.
Hershey (HSY) plans to report its 2Q17 results on July 26, 2017. On July 19, HSY stock outperformed its peers in terms of price appreciation on a year-to-date basis.
As of July 19, 2017, J.M. Smucker (SJM) stock is down 8.8% on a YTD (year-to-date) basis.