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%.
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% […]
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 […]
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 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.
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.
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 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.”
For fiscal 2015, Kellogg’s reported net sales fell by 7.2%. The currency-neutral adjusted net sales rose by 1.2%. Sales fell for all of the segments in 4Q15.
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 average broker target price for McCormick & Company (MKC) has risen to $91.14 from $85.71. This is ~9% lower than the closing price of $99.75 on March 30.
McCormick & Company (MKC) has a dividend yield of 1.6% as of March 30, 2016. Management has raised the dividend at an average annual rate of 9.2% over five years.
General Mills displayed a fifth consecutive quarter of operating margin expansion. The adjusted operating profit margin increased by 60 basis points to 15.9% compared to 15.3% in fiscal 3Q15.
The Green Giant divestiture, along with continued foreign exchange headwinds, impacted the net sales of General Mills (GIS), as anticipated by the company.
McCormick & Company (MKC) closed at $95.84 on March 23. It is trading 10% above its 100-day moving average, 7% above its 50-day moving average, and 2% above its 20-day moving average.
Flowers Foods entered into an accelerated share repurchase agreement with Deutsche Bank. It will repurchase an aggregate of $120 million of its common stock.
Pinnacle Foods (PF) expects the adjusted diluted EPS (earnings per share) to be $2.08–$2.13. It includes the benefit of the Boulder Brands acquisition.
One week before its fiscal 2Q16 earnings release, Campbell Soup (CPB) raised its earnings guidance for fiscal 2016. It’s based on better-than-expected results for the second quarter.
Tyson Foods (TSN) reported its financial results for fiscal 1Q16 on February 5. The company recorded adjusted EPS (earnings per share) of $1.15 for fiscal 1Q16. EPS rose by a huge margin of 49% compared to EPS of $0.77 in fiscal 1Q15.
The stock rose 3% with the earnings beating estimates and revenue in line with estimates. Mead Johnson fell by ~10% in 2016 as of January 28, closing at $70.2.
Tyson Foods’s (TSN) revenue is expected to fall by 7.2% to $10.0 billion for fiscal 1Q16. Although positive, the revenue growth has been on a declining trend.
McCormick has a dividend yield of 2.0% as of January 21. Management has raised the dividend at an average annual rate of 9.2% over the last five years.
Ingredion reacted positively to the strong fiscal 3Q15 results and rose by 2%, closing at $95.06 on October 29, 2015. The shares demonstrated a rising trend.
During fiscal 1Q16, General Mills (GIS) paid $34 million in cash related to restructuring projects. In fiscal 1Q16, the company approved “Project Compass.”
General Mills’ net sales for fiscal 1Q16 fell by 1% to $4.2 billion. The foreign currency exchange effect caused the growth to fall by five percentage points.
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 reported a fall in sales in fiscal 4Q15 of 7.9% compared to the same quarter in the prior fiscal year. It also reported net sales of $201.8 million.
Campbell Soup’s fiscal 4Q15 results were affected by a fall in sales volume and weaker profit margins. Sales fell by 9% to $1.7 billion in fiscal 4Q15.
In 3Q15, Archer Daniels Midland earned $684 million in operating profit, down $257 million from 3Q14. Its net revenue for the quarter was $16.6 billion.
Pinnacle Foods (PF) fell by 1.4% from $44.61 to $43.97 on October 29, the day of its third quarter earnings release. It closed at $43.62 on November 2.
Kraft Heinz in 2Q15 reported diluted EPS of $0.92 compared to $0.80 for the same quarter last year due to costs related to the merger with Heinz and other costs.
In 1Q16, General Mills paid $34 million related to restructuring initiatives. The company expects to incur ~$71 million in other project-related costs.
