Hershey’s Earnings Surpassed Estimates in Fiscal 2Q16
Hershey (HSY) reported its fiscal 2Q16 earnings on July 28, 2016. Adjusted EPS came in around $0.85 for 2Q16, a growth of 9% compared to $0.78 in 2Q15.
Food Industry
Everything you need to know about developments in the food insdustry, including stock analysis.
What Led Dr Pepper Snapple’s Margin Expansion in 2Q16?
Dr Pepper Snapple’s (DPS) gross margins increased by 120 basis points to 60.5% in 2Q16 on a YoY (year-over-year) basis.
Did Mondelez’s Earnings Manage to Beat Estimates in 2Q16?
Mondelez exceeded analysts’ earnings estimates of $0.40 by 10% for 2Q16. The adjusted EPS (earnings per share) was ~$0.44 for the quarter.
What Hurt Mead Johnson Nutrition’s Revenue in 2Q16?
In 2Q16, Mead Johnson (MJN) reported a drop in revenue of ~9% to $942 million, compared to revenue of ~$1.0 billion in 2Q15.
Kellogg Company Has Declared a Quarterly Dividend
Kellogg Company (K) has a market capitalization of $28.8 billion. It rose by 1.1% to close at $82.71 per share on July 29, 2016.
How Has Pilgrim’s Pride Made Room for Strategic Investments?
Consistent with its strategy to improve capital structure and generate shareholder value, Pilgrim’s Pride (PPC) paid $700 million, or $2.75 per share, in special dividends.
Key Moving Averages: Analyzing Kellogg versus Its Peers
Kellogg closed at $82.84 on July 26. It’s trading 7.0%, 5.4%, and 0.4% above its 100-day, 50-day, and 20-day moving averages. It has appreciated ~15% in 2016.
What’s Kraft Heinz’s Outlook for 2016?
Kraft Heinz’s management discussed its fiscal 2016 outlook during its last quarter’s earnings call. KHC remains on track or ahead in its areas of integration.
Pilgrim’s Pride in 2Q16: How Much Did Earnings Decline?
Pilgrim’s Pride’s earnings were hit hard again in the second quarter. They fell far below analysts’ expectations, missing estimates by 11%.
Coca-Cola’s 2Q16 Revenue Fell Due to Headwinds
Coca-Cola generated revenue of $11.5 billion in fiscal 2Q16 ending July 1, 2016. It missed analysts’ consensus revenue estimate of $11.6 billion.
What Could Benefit Kraft Heinz’s Earnings in 2Q16?
Analysts’ expectations for KHC’s earnings look optimistic for the rest of 2016. Its earnings are expected to rise by 70% and 44% in 3Q16 and 4Q16.
What’s Kellogg’s Updated Guidance for Fiscal 2016?
Kellogg (K) updated its fiscal 2016 guidance for currency-neutral comparable net sales, operating profit, and earnings per share.
How Much Did Kellogg Return to Shareholders?
Kellogg announced a quarterly dividend of $0.50 per share on its common stock—paid on June 15 to shareowners of record at the close of business on June 1.
What Will Drive Monster Beverage’s 2Q16 Earnings Growth?
Monster Beverage (MNST) impressed its investors with a 26% growth in its 1Q16 EPS (earnings per share), excluding the impact of one-time items.
What Can Investors Expect from Kellogg’s 2Q16 Results?
Kellogg Company (K) is headquartered in Battle Creek, Michigan. It’s set to report its fiscal 2Q16 results on August 4, 2016, before the market opens.
Why Did General Mills Expand the Recall of Its Products?
General Mills rose by 0.66% to close at $71.69 per share on July 25. The stock’s weekly, monthly, and YTD price movements were -0.82%, 8.1%, and 27.1%.
What Could Cast a Shadow over Archer Daniels Midland’s 2Q16 EPS?
Analysts expect Archer Daniels Midland’s adjusted EPS in 2Q16 to be $0.45—compared to $0.60 in 2Q15. It represents a massive decline of 25%.
Campbell Soup Announces Its Target and Strategies
Campbell Soup fell by 4.9% to close at $63.38 per share in the third week of July. Its weekly, monthly, and YTD price movements were -4.9%, 1.7%, and 22.5%.
Hershey Shareholders Thrive on 346 Straight Dividend Payouts
On May 4, Hershey (HSY) announced that its board of directors approved quarterly dividends of $0.58 on the common stock and $0.53 on the Class B common stock.
General Mills Announces Restructuring Plans
General Mills fell by 1.1% to close at $71.22 per share in the third week of July. Its weekly, monthly, and YTD price movements were -1.1%, 8.0%, and 26.2%.
Why Hershey’s Earnings Could Have Been Pressured in 2Q16
Analysts expect Hershey’s adjusted EPS to be $0.78, which is in line with 2Q15 EPS.
Mondelez’s Revenue Expectations for Rest of Fiscal 2016
In its fiscal 1Q16, Mondelez International (MDLZ) reaffirmed the fiscal 2016 outlook it announced during its 4Q15 results.
How Did Cal-Maine Foods Stock React to Its Fiscal 4Q16 Results?
Cal-Maine Foods reported its fiscal 4Q16 results on July 18. There wasn’t impact on the stock price even though the company reported a loss for the quarter.
How Hershey Benefits from the barkTHINS Acquisition
The company expects that the barkTHINS acquisition will be dilutive in 2016 and 2017, before turning accretive in 2018.
Can Productivity Measures Help Coca-Cola’s Margins in 2Q16?
Coca-Cola’s (KO) margins contracted in 1Q16 due to the impact of adverse currency fluctuations and structural headwinds.
How Much Did Cal-Maine Return to Shareholders in Fiscal 2016?
Cal-Maine Foods has a dividend yield of 4.0% as of July 18, 2016. Management raised the dividend at a CAGR (compound annual growth rate) of 15.3% over five years.
What Analysts Recommend for Mead Johnson ahead of 2Q16 Results
As of July 15, 2016, Mead Johnson (MJN) was trading at $91.38.
What’s Expected of Mondelez’s Earnings for 2Q16?
Analysts expect Mondelez’s adjusted EPS to be $0.40 compared to $0.47 in 2Q15.
Mondelez Returns Billions of Dollars in Capital to Shareholders
In fiscal 1Q16, Mondelez returned a total of $1.5 billion in capital to shareholders through dividends and share repurchases.
How Does Ingredion Compare to Peers on Key Moving Averages?
On July 15, 2016, Ingredion (INGR) closed at $132.84. It traded 15.6% above its 100-day moving average, 8.3% above its 50-day moving average, and 3.9% above its 20-day moving average.
How Is Mead Johnson Improving Its Product Portfolio in China?
China accounts for around one-third of Mead Johnson’s global business.
How Has Mead Johnson Grown through Innovation?
Mead Johnson (MJN) participated and discussed some key strategies in the Deutsche Bank Global Consumer Conference held last month.
What Drove PepsiCo’s Margin Expansion in 2Q16?
PepsiCo’s gross margin expanded to 55.6% in 2Q16 from 54.5% in 2Q15.
Why Are Analysts So Positive about General Mills?
About 64% of analysts rate General Mills a “hold,” 18% rate it a “sell,” and 18% rate it a “buy.”
Analyzing Cal-Maine Foods’ Variable Dividend Policy
Cal-Maine has a variable dividend policy in place. It has a dividend yield of 5.8% as of June 28. Management raised the dividend at a CAGR of 15.3% over five years.
What Are the Benefits of Danone’s WhiteWave Acquisition?
Danone will be acquiring WhiteWave Foods for $56.25 per share in an all-cash transaction. This makes WWAV’s total enterprise value ~$12.5 billion.
PepsiCo’s 2Q16 Earnings Rise on Improved Margins
Leading snack and beverage maker PepsiCo (PEP) delivered adjusted EPS (earnings per share) of $1.35 in 2Q16 ended June 11, 2016.
What Dragged down PepsiCo’s 2Q16 Revenue?
PepsiCo’s (PEP) revenue declined by 3.3% in 2Q16 ended June 11, 2016.
Flowers Foods Made Changes in Its Management
Flowers Foods fell by 1.8% to close at $18.55 per share on July 7. The stock’s weekly, monthly, and YTD price movements were 0.32%, 0.32%, and -12.2%.
Why Was Mondelez Interested in Hershey?
Mondelez wanted a greater share in the North American market to recover from its declining revenue growth. Hershey would have benefited Mondelez’s revenue.
How Did Acquisitions and Innovations Lead J.M. Smucker’s Revenue?
The J.M. Smucker Company has made some key acquisitions since 2002. These acquisitions have brought in new brands, categories, and capabilities.
Cal-Maine Plans to Increase Its Value-Added Specialty Egg Business
Cal-Maine Foods (CALM) plans to grow its specialty egg business by meeting consumer demand in the rapidly growing segment.
General Mills Declared Increased Dividend in Fiscal 4Q16
With its fiscal 4Q16 earnings release, the General Mills board approved a quarterly dividend of $0.48 per share. It will be paid on August 1, 2016.
Why Did General Mills’ Earnings Fall in Fiscal 4Q16?
General Mills’ (GIS) fiscal 4Q16 earnings beat estimates by 10%. Adjusted EPS, however, declined 12% compared to fiscal 4Q15.
Why Did Cal-Maine Shares Fall 23% in the Last 3 Months?
Cal-Maine Foods (CALM) saw declining growth in its shares in the last three months. The company’s shares are trading close to its 52-week low.
What Are Wall Street Analysts’ Recommendations for ConAgra?
The average broker target price for ConAgra has risen slightly to $50.60 from $50.27. This 5% higher than ConAgra’s closing price of $47.91 on June 23.
Coca-Cola Expands Its Still Portfolio with a Stake in Aloe Gloe
Coca-Cola’s Venturing & Emerging Brands unit has acquired a minority stake in the certified organic, non-GMO, and gluten-free drink Aloe Gloe.
How Coca-Cola’s Refranchising Efforts Will Transform the Company
On June 15, the Coca-Cola Company (KO) announced a letter of intent to refranchise territories in most of the Memphis, Tennessee, market unit.
Understanding Old Dominion Freight Line’s Domestic Services
Old Dominion Freight Line has 224 shipping service centers and 32 transfer points. ODFL serves nine major regions and thousands of direct points in the US.
How Coca-Cola Is Reshaping Its Strategy for Sparkling Beverages
Coca-Cola is now changing its approach from offering beverage choices to consumers to shaping their choices.