ConAgra Foods Inc
Latest ConAgra Foods Inc News and Updates
Conagra Consistently Acquires Top Brands to Stay Competitive
Conagra is a U.S. packaged food company. Over the years, the company has acquired some of the top brands in the packaged food industry in order to stay competitive.
Why J.M. Smucker Missed Q4 Earnings Estimate
J.M. Smucker (SJM) reported weaker-than-expected fiscal Q4 earnings.
Weighing Kraft Heinz’s Strengths and Opportunities
Kraft Heinz has a wide network of processing facilities and distribution centers, which allow it to supply fresh and high-quality products to customers.
Here’s How Wall Street Reacted to General Mills’ Q2 2019 Results
Most analysts lowered their target prices on General Mills stock following the release of its results for the second quarter of fiscal 2019.
Behind J.M. Smucker’s Waning Sales
J.M. Smucker (SJM) has continued to disappoint on the sales front this year, having posted declines in sales for the past several quarters.
Why Food Stocks Aren’t Cooking
So far this year, food stocks have largely disappointed investors, and the outlook for the rest of the year appears no better. Stock prices for food manufacturers have been on a downtrend, underperforming the S&P 500 Index (SPX-INDEX) on a YTD (year-to-date) basis, as the graph below shows. As of July 3, Campbell Soup (CPB), General Mills (GIS), Conagra Brands (CAG), J. M. Smucker (SJM), Kellogg (K), and Kraft Heinz (KHC) have fallen 13.7%, 10.7%, 10.2%, 7.7%, 6.7%, and 3.3%, respectively, YTD. The S&P 500 Index has returned 8.5% during the same period.
Campbell Soup’s Margins Could Continue to Contract
The Campbell Soup Company (CPB) continued to report sluggish margins as higher-than-expected inflation in commodities and transportation costs remained a drag.
What Analysts’ Price Target Indicates for J.M. Smucker Stock
Wall Street has a price target of $114.54 per share on the J.M. Smucker Company (SJM), implying a potential downside of 5.6% based on its closing price of $121.31 on June 24.
Kellogg: Analysts Recommend a ‘Hold’
Most of the analysts covering Kellogg continue to maintain a neutral outlook on the stock, which reflects near-term pressure on its earnings.
These Consumer Staples Stocks Marked Stellar Gains in Q1
The Consumer Staples Select Sector SPDR ETF (XLP) rose 10.5% in the first quarter of 2019.
Analyzing Conagra Brands’ Growth Drivers
Conagra Brands (CAG) shares have risen 21.1% since the company reported its third-quarter earnings on March 21.
Why General Mills’ Sales Growth Rate Could Decelerate
General Mills (GIS) posted stronger-than-expected sales during the third quarter of fiscal 2019.
Why Kraft Heinz’s EPS Could See a Double-Digit Decline in 2019
Kraft Heinz’s (KHC) bottom line has remained under pressure in the past two quarters and disappointed investors.
Did Kraft Heinz’s Underperformance Ring an Alarm Bell?
Shares of Kraft Heinz (KHC) crashed more than 27% on Friday, February 22, as weaker-than-expected fourth-quarter results and sluggish guidance upset investors.
What’s Backing the Uptrend in Hormel Foods Stock?
Hormel Foods (HRL) is another company in the consumer staples industry that has outperformed the broader markets so far this year.
Hormel Foods’ Road Map for Future Growth
Hormel Foods (HRL) has established a road map to boost its financial performance in a challenging food and beverage environment.
Will General Mills Sustain Its Sales Momentum in Q3?
Analysts expect General Mills (GIS) to report sales of $3.8 billion in fiscal 3Q18, reflecting a marginal decline of 0.5% on a YoY (year-over-year) basis.
Hain Celestial’s SKU Optimization and Project Terra Efforts
Hain Celestial has undertaken a massive SKU optimization program. In fiscal 4Q17, the company stated that it had streamlined 20% of its US inventory.
Bank of Japan Thinks the Inflation Target Can Be Achieved by 2019
For Japan’s economy, the main struggle has been the low level of inflation. Japan’s inflation has been low for the past three decades.
Tyson Foods Raises Fiscal 2017 Guidance
Tyson Foods (TSN) stock jumped about 8% on September 29, 2017, after the company raised its fiscal 2017 EPS (earnings per share) guidance.
Why Rising Japanese Inflation Isn’t Good Enough for Bank of Japan
The BOJ’s (Bank of Japan’s) qualitative and quantitative easing (or QQE) programs and a negative interest rate are helping to slowly revive Japanese inflation.
A Look at McCormick’s Strong Dividend History
In the past three fiscal years, McCormick has returned more than $1.0 billion to its shareholders in the form of dividends and share buybacks.
Raymond James Upgrades Visteon Corporation to ‘Outperform’
VC fell 2.1% to close at $87.19 per share on January 12. Its weekly, monthly, and YTD price movements were 3.9%, 3.9%, and 8.5%, respectively.
Understanding Cal-Maine Foods’ Performance in Fiscal 2Q17
Cal-Maine Foods (CALM) has a market cap of $1.9 billion. It fell 1.6% to close at $42.00 per share on December 22, 2016.
Conagra Brands Declares a Dividend and a New Board Appointment
Conagra Brands (CAG) rose 4.2% to close at $38.44 per share during the first week of December 2016.
Why Did Breitbart Ask Its Readers to Boycott Kellogg?
Kellogg reported fiscal 3Q16 net sales of $3.25 billion—a fall of 2.4% from net sales of $3.33 billion in fiscal 3Q15 due to unfavorable currency headwinds.
Why Did Kellogg Rise on November 8?
Price movement Kellogg (K) has a market cap of $27.4 billion. It rose 2.7% to close at $76.96 per share on November 8, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 2.3%, 0.64%, and 8.6%, respectively, on the same day. Kellogg is trading 2.8% above its 20-day moving average, 0.17% below […]
A Look at Kellogg’s 3Q16 Performance
Price movement Kellogg (K) has a market cap of $26.4 billion. It rose 0.11% to close at $75.21 per share on November 1, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 1.4%, -2.6%, and 6.1%, respectively, on the same day. Kellogg is trading 0.07% below its 20-day moving average, 3.4% below […]
Kellogg Declares Dividend of $0.52 per Share
Price movement Kellogg (K) has a market cap of $26.0 billion. It rose 0.15% to close at $74.34 per share on October 21, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.5%, -5.0%, and 4.9%, respectively, on the same day. K is trading 2.6% below its 20-day moving average, 5.9% below […]
How Are Those Cheerios Sales Going? Kellogg’s Earnings in Focus
Kellogg (K) has a market cap of $26.4 billion. It fell 0.89% to close at $75.78 per share on October 13, 2016.
How Did PepsiCo Perform in 3Q16?
Price movement PepsiCo (PEP) has a market cap of $155.1 billion. It rose 0.35% to close at $107.76 per share on September 29, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -0.06%, 1.2%, and 10.2%, respectively, on the same day. PEP is trading 1.2% above its 20-day moving average, 0.57% above […]
Deutsche Bank Upgrades Packaging Corporation of America to a ‘Buy’
Price movement Packaging Corporation of America (PKG) has a market cap of $7.8 billion. It rose 2.1% to close at $82.29 per share on September 23, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 2.8%, 9.1%, and 34.0%, respectively, on the same day. PKG is trading 3.6% above its 20-day moving […]
What’s Mondelez’s Outlook for Fiscal 2016?
Mondelez provided its fiscal 2016 outlook during the second quarter earnings call. It reduced its estimate for organic net revenue growth to ~2%.
Why Did Mead Johnson Nutrition’s Earnings Rise 16% in 2Q16?
In 2Q16, Mead Johnson Nutrition’s (MJN) EPS (earnings per share) increased 16% to $0.88, compared to $0.76 in 2Q15.
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.
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.
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.
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.
Chicken, Beef, or Pork: Which Segment Drove Tyson Foods’ Revenue?
In Tyson Foods’ Chicken segment, sales improved in 2Q16. The segment reported $2,737 million in net sales.
Infosys Signs Major Deals with ConAgra Foods and Welsh Water
In fiscal 2016, Infosys (INFY) was chosen by ConAgra Foods (CAG) as a strategic partner for a multiyear managed services deal.
Kellogg Is Expected to Report a 10% Revenue Drop for Fiscal 4Q15
In its fiscal 4Q15 results, Kellogg is expected to report sales of $3,160 million, a fall of 10% YoY (year-over-year). For the full year, analysts expect revenue of $13.5 billion, a decline of ~7% YoY.
Will Corn Prices Be Range-Bound before WASDE Report Release?
On October 6, 2015, CBOT (Chicago Board of Trade) December expiry of corn futures contracts rose, breaking the resistance level.
