Manufacturers’ new orders for consumer goods and materials New orders for consumer goods and materials give investors an insight into the demand for goods and form an important constituent of the Conference Board LEI (Leading Economic Index). Changes to demand in the consumer goods sector impact the performance of FMCG (fast moving consumer goods) companies, which include large retailers such […]
Unlike its gross margin, Hershey’s operating margin expanded to 18.7% in 3Q16 from 15.5% in 3Q15. This improvement was mainly due to a favorable comparison with 3Q15.
12-month forward PE In this article, we’ll discuss Coca-Cola’s (KO) valuation using the 12-month forward PE (price-to-earnings) ratio. As of October 17, Coca-Cola was trading at a 12-month forward PE of 21.1x. The company is trading below its YTD (year-to-date) average forward PE of 22.4x. Peers’ valuation As of October 17, nonalcoholic beverage companies PepsiCo […]
Constellation Brands (STZ) impressed investors with another quarter of strong earnings and sales growth in fiscal 2Q17. The beer, wine, and spirits producer beat the analysts’ earnings estimate for the eighth straight quarter.
As of September 19, 2016, Walmart (WMT) was trading at a 12-month forward PE multiple of 16.6x, which is slightly above its YTD average forward PE of 16.4x.
In a press release on July 29, a week before Kellogg Company (K) announced its fiscal 2Q16 results, it announced a quarterly dividend of $0.52 per share on its common stock.
On July 28, 2016, Hershey (HSY) declared its 347th consecutive regular dividend on its common stock and 128th consecutive regular dividend on its Class B common stock.
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.
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.
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.
The stock price of retail giant Walmart (WMT) has risen by 20.1% on a YTD (year-to-date) basis to $73.84, as of July 18. Walmart’s stock has outperformed the S&P 500 Index, which has risen 7.7% on a YTD basis.
Coca-Cola’s (KO) fourth quarter margins might remain under pressure due to currency headwinds and structural changes relating to the company’s bottling and distribution operations.
Carbonated soft drinks remain the leading US liquid refreshment beverage. However, non-carbonated or still beverages are consistently gaining traction.
Keurig’s sales in the third quarter of fiscal 2015 ended June 27, 2015, declined by 5.2% to $969.6 million, due to declines in brewer sales and pod sales.
PepsiCo’s stock price has been impacted by weak performance in the first half of the year and the recent turmoil in the stock markets due to global factors like the slowdown in China.
In August, Coca-Cola (KO) bought a 30% stake in Suja Juice, a California-based manufacturer of organic juices that uses high-pressure processing to preserve nutrition and taste.
Coca-Cola is now following a segmented approach for developing sustainable revenue growth. Beginning in 2015, Coca-Cola added revenue growth as a metric in its incentive plan.
PepsiCo’s growth potential in Russia and the CIS regions will be driven by favorable factors such as urbanization, the growing middle class, and the rise in the preference for packaged foods.
