At the 4Q17 earnings conference call, CEO Allen Shiver said that the company is focusing on enhancing its share in underpenetrated markets, improving the weak-performing snack business, innovation, and acquisitions.
Driven by strong demand for Dave’s Killer Bread, Flowers Foods (FLO) reported fiscal 4Q17 sales of $873.6, which easily beat the analysts’ estimate of $861 million.
Flowers Foods’ (FLO) adjusted EPS (earnings per share) of $0.17 and sales of $873.6 million in fiscal 4Q17 easily topped the analysts’ estimate of $0.15 and $861 million, respectively.
On December 15, 2016, the S&P Consumer Staples Index had slightly outperformed the S&P 500 Index and the S&P Consumer Discretionary Index as a whole. The indexes had respective returns of 0.49%, 0.39%, and -0.25%.
Coty rose 0.81% to close at $18.75 per share on November 18, 2016. The stock’s weekly, monthly, and YTD price movements were 0.48%, -19.8%, and -26.1%.
On November 18, the S&P 500 outperformed the S&P Consumer Staples and the S&P Consumer Discretionary with respective returns of -0.24%, -0.39%, and -0.33%.
Price movement BorgWarner (BWA) has a market cap of $7.4 billion. It fell 3.8% to close at $34.03 per share on November 9, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -2.1%, -4.3%, and -21.3%, respectively, on the same day. BWA is trading 2.6% below its 20-day moving average, 2.8% below […]
Price movement Flowers Foods (FLO) has a market cap of $3.3 billion. It rose 1.4% to close at $15.87 per share on November 9, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.1%, 5.5%, and -26.2%, respectively, on the same day. FLO is trading 3.4% above its 20-day moving average, 4.4% […]
On November 9, 2016, the S&P 500 slightly outperformed the S&P Consumer Staples and the S&P Consumer Discretionary. The indexes had respective returns of 1.1%, -1.3%, and 0.18%.
Price movement Domtar (UFS) has a market cap of $2.3 billion. It fell 1.4% to close at $36.97 per share on September 23, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.5%, -1.2%, and 2.3%, respectively, on the same day. UFS is trading 0.49% above its 20-day moving average, 0.73% below […]
Price movement Flowers Foods (FLO) has a market cap of $3.2 billion. It fell 0.83% to close at $15.54 per share on September 23, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 0.78%, 3.1%, and -25.7%, respectively, on the same day. FLO is trading 2.9% above its 20-day moving average, 4.5% […]
Hormel Foods (HRL) reported fiscal 3Q16 net earnings of $195 million. This was an increase of 33% compared to net earnings of $146 million in fiscal 3Q15.
On August 19, 2016, the S&P Consumer Discretionary Index slightly outperformed the S&P Consumer Staples Index and the S&P 500 as a whole. The indexes had respective returns of -0.03%, -0.26%, and -0.14%.
On August 10, 2016, the S&P Consumer Staples Index had slightly outperformed the S&P Consumer Discretionary Index and the S&P 500 Index as a whole. The indexes had respective returns of 0.37%, 0.22%, and -0.29%.
Tyson Foods (TSN) reported its financial results for fiscal 3Q16 with strong earnings yet again. The company reported adjusted EPS (earnings per share) of $1.21 for fiscal 3Q16.
Cost savings from Project K and ZBB (Zero-Based Budgeting) initiatives benefited the adjusted operating profit of Kellogg’s North America segment. The U.S. Morning Foods segment’s profit margin rose by 4% in 2Q16,
Kraft Heinz’s adjusted EPS for fiscal 2Q16 was $0.85—an increase of 39% compared to $0.61 in fiscal 2Q15. The is due to 17% growth in the adjusted EBITDA.
After a strong fiscal 2Q16, Tyson Foods (TSN) updated and raised its guidance for 2016. The company expects its Prepared Foods segment to benefit the most.
On August 1, 2016, Mead Johnson Nutrition Company (MJN) was trading at $87.72. After 2Q16 earnings, the average broker target price for Mead Johnson Nutrition increased by 4% to $94.90 from $91.0.
For fiscal 2Q16, Mead Johnson Nutrition Company (MJN) reported that its operating profit rose 10% compared to the prior year’s corresponding quarter to $230 million on a constant-currency basis.
On July 28, 2016, Mead Johnson Nutrition Company (MJN) reported its financial results for 2Q16 and 1H16. The stock fell ~2% after the 2Q16 earnings announcement, with sales missing analysts’ estimates.
Archer Daniels Midland didn’t have a great start to 2016. Earnings fell 45% YoY in the first quarter. The adjusted EPS came in around $0.42 for the first quarter.
On July 15, 2016, Mead Johnson (MJN) closed at $91.38. That’s 9.3% above its 100-day moving average, 6.6% above its 50-day moving average, and 3.0% above its 20-day moving average.
On July 7, the S&P Consumer Discretionary topped the S&P Consumer Staples and the S&P 500. The indexes had respective returns of 0.40%, -0.11%, and -0.09%.
On June 23, General Mills (GIS) closed at $66.77. It’s trading 8.2% above its 100-day moving average, 5.5% above its 50-day moving average, and 3.3% above its 20-day moving average.
Flowers Foods declared a quarterly dividend of $0.16 per share on its common stock. The dividend will be paid on June 23, 2016, to shareholders of record at the close of business on June 9, 2016.
On May 26, 2016, the S&P Consumer Staples Index had slightly outperformed the S&P 500 Index and the S&P Consumer Discretionary Index as a whole. The indexes had respective returns of 0.33%, -0.02%, and 0.20%.
Price movement of Flowers Foods Flowers Foods (FLO) has a market capitalization of $3.8 billion. It fell by 3.0% to close at $18.38 per share on May 18, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -5.2%, -0.97%, and -13.7%, respectively, as of the same date. This means that FLO is […]
Tyson Foods expects to increase share repurchases under its share repurchase program. The company has repurchased ~3.0 million shares for $200 million so far in fiscal 3Q16.
Tyson Foods (TSN) reported its financial results for fiscal 2Q16 on May 9. The company recorded adjusted EPS (earnings per share) of $1.07 for fiscal 2Q16.
On April 29, Kellogg (K) announced in a press release that its board of directors is planning to increase the quarterly dividend by 4% to $0.52 per share.
Hain Celestial’s US segment reported improved results compared to fiscal 3Q15. It recorded 3Q16 net sales of $352 million, an increase of 2% compared to 3Q15.
Kraft Heinz reported fiscal 1Q16 net earnings of $1.1 billion—compared to net earnings of $617 million in 1Q15. The adjusted EPS for fiscal 1Q16 was $0.73.
In 2016, Archer Daniels Midland’s priority is its balanced capital allocation framework. It started by selling a 50% interest in its Brazilian port in 2015.
The Agricultural Services segment’s operating profit took a toll in the first quarter. It fell by $118 million from the quarter last year to $75 million.
On May 3, Archer Daniels Midland reported its financial results for 1Q16 ending March 31. It’s important to note that 2016 didn’t start on a good note.
On May 4, Mead Johnson closed at $84.87—9.5% above its 100-day moving average, 4.2% above its 50-day moving average, and 0.1% above its 20-day moving average.
Analysts’ ratings remain the same for Mead Johnson. Approximately 38% of the analysts still rate it a “buy,” 50% rate it a “hold,” and 12% rate it a “sell.”
