Latest Sysco Corp News and Updates
Analysts Expect Positive Revenue Growth in Fiscal 2Q16
The revenue estimate for Farmer Brothers in fiscal 2Q16 isn’t as high. However, it’s still positive. Analysts predict revenue of $145.3 million for fiscal 2Q16
How US Retail Sales Changed in Two Decades
The retail sales for 2018 were $4.3 trillion. From January to July 2019, the retail sales in this category rose 3.5% over the comparable period in 2018.
Consumer Staples Stocks: Separating the Wheat from the Chaff
The Consumer Staples Select Sector SPDR ETF (XLP) fell 9.4% in the first six months of 2018.
Wall Street’s View of Supervalu ahead of 4Q18 Results
Though Supervalu’s (SVU) stock has delivered below-average performance this year, Wall Street believes there’s scope for revival.
Consumer Sector Earnings Coverage for February 5–9
Yum! Brands announced its fiscal 4Q17 results on February 8. The revenue decreased 22.1% to $1.5 billion and missed the estimate by 1.0%.
Why Stocks of Meat Producers Are Declining despite Strong Demand
Demand for protein-rich food in the domestic market and increased exports have led meat producers Tyson Foods (TSN), Sanderson Farms (SAFM), and Pilgrim’s Pride (PPC) to report stellar sales growth in 2017.
Why SVU’s Profitability Is Unlikely to Improve in Fiscal 2018
While the retail food industry has paper-thin margins, SUPERVALU’s (SVU) margins are among the lowest in its peer group.
Discussing SUPERVALU’s Slide
SUPERVALU (SVU) stock fell 50% between 2015 and 2016, and its share price continues to be in the red in 2017.
Emerson’s 15% Profit Drop in Q3 Mitigated by Its Solid Cash Flow
Despite a 15% decline in net profits, Emerson Electric (EMR) reported a solid cash flow performance in 3Q16.
Key Contributors to Emerson Electric’s Improving Margins in Q3
Emerson’s (EMR) operating margins expanded by 20 basis points YoY (year-over-year) to 13.9% in 3Q16.
Investment-Grade Corporate Bond Issuance Rises
Investment-grade corporate bonds worth $32.35 billion were issued in the primary market in the week ending September 25, 2015. Fixed-rate issues made up 90.6% of the total issuance for the week.
UBS Group Funding Issues $4.3 Billion Worth of High-Grade Bonds
UBS Group Funding (Jersey) Limited (UBS), via its subsidiaries, issued BBB+-rated high-grade bonds worth $4.3 billion in three parts during the week ending September 25.