|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||N/A - N/A|
|52 Week Range||undefined - undefined|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 26, 2018 - Oct 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.82|
Hormel Foods’ (HRL) quarterly dividend payout stands at ~$0.19 per share. The company increased its dividend 10% in November 2017. Hormel Foods is a dividend aristocrat. The company has been paying increased dividends for the last 52 years. Hormel Foods started paying dividends in 1928.
For Hormel Foods (HRL), analysts’ consensus estimate for the adjusted EPS in the third fiscal quarter stands at $0.39, which represents 14.7% growth on a YoY (year-over-year) basis. Higher sales and the lower tax rate are expected to cushion the bottom line. Share repurchases also provide an upside to the EPS.
Hormel Foods (HRL) is scheduled to report its third fiscal quarter results on August 23. Analysts expect the company to report sales of $2.38 billion, which reflects 7.8% growth on a YoY (year-over-year) basis. The growth marks an improvement over the decline of 4.1% witnessed in the third fiscal quarter of 2017.
CHICAGO, Aug. 13, 2018 /PRNewswire/ -- Conagra Brands, Inc. (CAG) Sustainable Development Award winners have one more thing to celebrate! Each winning team has received a $5,000 grant from the Conagra Brands Foundation to be used in their communities for projects with a focus on sustainability. Conagra Brands' annual Sustainable Development Awards call on employees to submit their innovative ideas for ways to improve sustainability within the company with projects that save energy, conserve water and reduce waste.
CAG made a move to the downside in late June but it has since recovered nearly all of the decline and is back in a trading range again. Let's check out the charts again to see if we might soon break out of that long trading range. In this daily bar chart of CAG, below, we can see a very "jagged-like-pattern" of trading since December.
Kellogg (K) reported net sales of $3.4 billion in the second quarter of 2018, which exceeded analysts’ expectation and rose 5.9% YoY (year-over-year). The Consolidation of Multipro’s operations and benefits from the RXBAR acquisition added 6.7% to its top-line growth rate on a constant currency basis. However, the strengthening of the US dollar negatively impacted its top line by 0.4%.
On August 3, Kraft Heinz (KHC) reported better-than-expected second-quarter results. The company’s top and bottom line were ahead of analysts’ expectations. The company benefited from acquisitions and divestitures, the favorable currency rate, and lower taxes. Kraft Heinz stock rose 6.6% during the pre-market session.
Kellogg (K) reported stronger-than-expected second quarter results today. The company’s sales and earnings improved YoY (year-over-year) and exceeded analysts’ estimates. However, organic sales disappointed.
The "stay-at-home" economy is creating more and more winning investments, CNBC's Jim Cramer says. The "Mad Money" host adds the stocks of Conagra, Netflix, Disney, Spotify and several others to the growing list. For the last few years, CNBC's Jim Cramer has given investors many ways to play the "stay-at-home" economy — the increasing number of products and services that make it easy to eat, live and be entertained from the comfort of your couch.
Analysts expect Flowers Foods (FLO) to report adjusted EPS of $0.28 compared to its adjusted EPS of $0.24 in the same quarter last year. Its adjusted net income is expected to be $58.3 million compared the $50.5 million it reported in the corresponding quarter last year.
Flowers Foods (FLO) is scheduled to announce its second-quarter earnings results on August 8. Wall Street analysts expect the company to report revenue of $936.1 million, up 1.0% on a YoY (year-over-year) basis and an improvement over the 0.9% YoY fall it registered in the same quarter last year.
Flowers Foods (FLO) is expected to release its second-quarter earnings results on August 8. A total of 75.0% of the eight analysts covering the stock have given it “holds” as of July 30. The remaining 25% of analysts have given the stock “buy” recommendations, and none have given it “sell” recommendations.
NEW YORK , July 30, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York ...
The majority of analysts covering Mondelēz (MDLZ) stock maintained a “buy” rating after its second-quarter results. Mondelēz’s organic sales marked healthy growth on the back of improved volumes and pricing. The company’s margins expanded—a big positive—both YoY (year-over-year) and sequentially. Mondelēz sustained its strong EPS growth momentum.
Hershey (HSY) reported a better-than-expected bottom-line result for the second quarter. Hershey’s adjusted earnings of $1.14 beat analysts’ estimate of $1.10 and increased 5.6% YoY (year-over-year).
Mondelēz (MDLZ) sustained its strong EPS growth momentum during the second quarter. Mondelēz’s second-quarter adjusted EPS of $0.56 exceeded analysts’ expectations of $0.54 and jumped 16.7% on a YoY (year-over-year) basis.
Hershey’s (HSY) second-quarter profit margins remained subdued as cost headwinds more than offset the benefits from its volume gains and cost savings. Higher manufacturing, packaging, and freight costs hurt Hershey’s gross profit margins. Also, planned trade spending and an unfavorable mix remained a drag on its growth.
Hershey (HSY) reported better-than-expected sales for the second quarter. The company’s total sales of $1.75 billion marginally beat analysts’ expectations and increased 5.3% YoY (year-over-year), thanks to the incremental sales from the Amplify acquisition.
The company’s profit margins improved both sequentially and on a YoY (year-over-year) basis, thanks to its improved organic sales and cost control measures. The company’s improved performance on the margin front comes at a time when packaged food manufacturers are grappling with increased input and supply-chain costs amid weak volumes. Mondelēz’s adjusted gross margin expanded 60 basis points to 40.4% during the second quarter, reflecting improved volumes and pricing. Also, higher net productivity savings and sequential reduction in commodity costs supported its adjusted gross margin rate.
Mondelēz’s organic sales increased 3.5% during the second quarter, driven by a 2.1% improvement in volumes and a 1.4% increase in pricing. Mondelēz annualized the prior year’s malware incident, which benefited the reported quarter’s organic sales growth rate. Continued strength in Mondelēz’s power brands (up 5.2% in the second quarter) and innovation-led products like Ritz Crisp & Thins and Oreo Thin Bites are driving its top line.
Analysts expect Kellogg (K) to report adjusted earnings of $1.05 per share in the second quarter of 2018, representing a YoY (year-over-year) growth rate of 8.2%. The projected growth rate seems impressive, especially considering the pressure on profitability due to the list price adjustment, brand building investments, increased interest costs, and higher raw material and transportation costs.