As we’ve discussed, Walgreens Boots Alliance (WBA) reported its 1Q18 results on January 4. The company’s top line increased 7.9% YoY (year-over-year) to $30.74 billion.
Rite Aid (RAD) reported its 3Q17 results after the market closed on January 3. The company’s top line plunged 5.6% YoY (year-over-year) to $5.35 billion (excluding discontinued operations).
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 […]
According to the September manufacturing new orders report, the number of manufacturers’ new orders for consumer goods and materials continued to increase in September.
Consumer goods and materials The Conference Board LEI (Leading Economic Index) uses new orders for consumer goods and materials as an important constituent. New orders in any sector give an idea of demand trends. Increasing demand for goods increases production, wages, and the number of hours worked, which benefits the economy. This sector includes companies […]
Manufacturers’ new orders for consumer goods and materials New orders for the consumer goods and materials sectors, important leading indicators for any economy, are used for the Conference Board Leading Economic Index (or LEI). Investors in this sector need to observe changes in the number of new orders as they indicate future demand. An increase […]
American tobacco company Altria Group (MO) is scheduled to announce its 2Q17 earnings before the market opens on July 27, 2017. The company’s stock price has risen 3.6% since the announcement of its 1Q17 earnings.
Herbalife (HLF), a global nutrition and weight management company, has been having a strong run. HLF stock has risen about 19.0% YTD as of March 28, 2017.
Analyst coverage As of January 17, 2017, of the 20 analysts covering Colgate-Palmolive (CL), three analysts, or 15%, had rated the stock as a “buy.” The stock was rated “hold” by 85% of the analysts. Analysts set the stock’s 12-month price target at $72.20 per share, with an upside potential of 8%. Consensus “hold” rating […]
The consumer staples sector saw positive results in 2016. The Consumer Staples Select Sector SPDR ETF rose 3.8% in the year. It’s returned nearly 8.2% in the last two years.
Analysts expect Hain Celestial’s revenue to be $769 million for fiscal 4Q16. This represents a rise of 10% compared to revenue of $698 million in fiscal 4Q15.
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.
Analysts are expecting Ingredion’s (INGR) revenue to be $1.4 billion for fiscal 2Q16. That would be a slight fall of 1% compared to $1.5 billion in the 2Q15.
Manufacturing growth as measured by the ISM (Institute for Supply Management) index ended lower for the fifth consecutive month at the end of February. However, it rose in March
Whole Foods Market (WFM) is likely to see a slowdown in its top line during fiscal 2016. The organic and natural foods retailer could register sales growth of 3%–5%, according to the company’s guidance.
In 2015, INGR made two strategic acquisitions—Penford Corporation and Kerr Concentrates—and both have expanded the company’s special ingredient offerings.
Archer Daniels Midland opened its new flavor creation, application, and customer service facility in Cranbury, New Jersey, to meet customers’ unique demands.
On March 30, a day after the company’s fiscal 1Q16 earnings release, McCormick announced a revised proposal to the board of Premier Foods of 65 pence in cash per Premier Foods share.
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.
On March 23, 2016, General Mills reported its results for fiscal 3Q16, which ended on February 28, 2016. Earnings and sales declined YoY, and adjusted EPS fell by 7% to $0.65 compared to $0.70 in fiscal 3Q15.
As part of its “Drive for 10” initiative, Snyder’s-Lance focused on improving its operating margin. However, the operating margins for 4Q15 fell to 4.07%.
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.
Mead Johnson’s earnings release provided guidance for fiscal 2016. It expects its fiscal 2016 constant dollar sales to be in a range of 0%–2% above fiscal 2015.
Rite Aid’s (RAD) acquisition would improve Walgreens Boots Alliance’s (WBA) physical reach across the United States, increasing its store count by over 50%.
On October 27, 2015, Walgreens Boots Alliance (WBA) announced its intention to acquire Rite Aid for a total enterprise value of approximately $17.2 billion.
Under its Retail Pharmacy International division, Walgreens Boots Alliance operates pharmacy-led health and beauty retail businesses in eight countries.
A National Bureau of Economic Research study has found that the evolution and growth of warehouse clubs have been the most significant influences on the retail sector over the last 15-20 years.
Same-store sales growth came in at 1.5% in 3Q16 for Walmart US compared to 0.4% in 3Q15. Target’s (TGT) same-store sales grew 1.9% in 3Q16, driven by both higher traffic and transaction size.
On October 19, 2015, Coty announced that it had entered into a definitive agreement to acquire New York- and London-based digital marketing platform Beamly.
General Mills reported its 1Q16 earnings on September 22, 2015. Its stock had been following a rising trend this month but fell by 1.58% on September 18.
After a test run in October 2014, PepsiCo (PEP) has now extended its partnership with SodaStream (SODA) to expand in the home carbonation business. The share prices of SodaStream and PepsiCo rose by 6.4% and 0.6%, respectively, following the announcement on September 11.
PepsiCo’s strategy for its UK business involves continued investment in its core brands across snacks and beverages, including Walkers, Tropicana, Naked, Quaker, and Pepsi.
While Mondelēz has been upbeat on prospects for Emerging Markets, its growth has faced significant challenges lately. The higher US dollar has been a major headwind.
A $486.68 million company, Francesca’s Holdings is known for its collection of hand-selected merchandise. It projects an increase of 9%–12% net sales in 2Q15, compared with $95.011 million in sales in 1Q15.
The new company, Coca-Cola European Partners PLC (or CCEP), would be based in the United Kindgom with CCE, CCIP, and The Coca-Cola Company (KO) holding 48%, 34%, and 18% of shares, respectively.
Americans are moving toward craft beer due to better taste, innovation, and brewing techniques. Its market share increased to 11% in 2014 from 7.8% in 2013.
