|Bid||44.36 x 2200|
|Ask||44.37 x 800|
|Day's Range||44.32 - 45.47|
|52 Week Range||41.01 - 60.69|
|Beta (3Y Monthly)||0.63|
|PE Ratio (TTM)||12.34|
|Earnings Date||Dec 18, 2018 - Dec 24, 2018|
|Forward Dividend & Yield||1.96 (4.33%)|
|1y Target Est||47.72|
McCormick (MKC) has outperformed its peers with its margin performances in the past several quarters and has managed to expand its margins at an exceptional rate despite higher freight costs.
McCormick (MKC) has impressed with its top line performance in the past four quarters, with its net sales increasing at an average rate of 22.4% in the period. Incremental sales from its acquired brands, continued strength in its core business, new products, and a mix shift toward value-added products supported the company’s top line growth.
Investors have shunned slow and steady-moving packaged food stocks for fast-paced technology behemoths for most of 2018. In the first half of the year, adding portfolio holdings with eye-catching revenue growth proved a significantly more profitable venture than grappling with a downtrodden sector that has come under increased pressure from reduced established-brand loyalty from millennial customers, rising commodity costs and heightened competition from retailers' private brands. As investors bank some tech sector profits in the face of rising interest rates, slowing growth, peaking profits and a global trade war, the defensive consumer staples sector seems a likely beneficiary.
Tyson Foods (TSN) posted net sales of $10.0 billion in the fourth quarter. The company’s net sales fell short of analysts’ expectation of $10.3 billion and declined 1.4% on a YoY (year-over-year) basis. Tyson Foods’ top line also declined sequentially.
On November 13, Tyson Foods (TSN) reported mixed fourth-quarter results for the period ending on September 29. Tyson’s top line fell short of analysts’ estimate and declined 1.4% on a YoY (year-over-year) basis, which reflected lower average pricing. However, the adjusted earnings grew and beat the consensus estimate. The company lowered its 2019 sales outlook by $1 billion due to pricing pressure. Tyson’s adjusted earnings are expected to remain lower than its adjusted earnings in 2018. Tyson shares decreased 5.4% following its fourth-quarter results and soft sales and earnings guidance.
Pet foods with fancier ingredients are eating away at market share for mainstream brands. Mars said sales of its largest brand, Pedigree, are growing more slowly than sales of its premium pet foods. Spending on pet food rose 30% per U.S. household between 2006 and 2010, according to Nielsen.
General Mills Inc. and other food giants that have made big investments in pet food in recent years are now facing some of the same hurdles that have slowed their people-food businesses. Along with a couple of brand-new ones.
The 25 highest-paying public-company boards reported a slight decrease year over year while the national average is up. But the local drop might only be a one-time anomaly, the result of some boards shedding directors.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...
MINNEAPOLIS , Nov. 6, 2018 /PRNewswire/ -- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.49 per share, payable February 1, 2019 , to shareholders ...
MINNEAPOLIS , Nov. 5, 2018 /PRNewswire/ -- General Mills (NYSE: GIS) today announced the election of Diane L. Neal to its board of directors effective November 5, 2018 . Neal was most recently Chief Executive ...
Hopes for an imminent trade agreement between Washington and Beijing faded after an economic advisor to U.S. President Donald Trump said late last week that there were no such plans in the works.
To play, simply purchase a participating Yoplait or Go-GURT product and submit the game code printed on the package to www.yoplait.com/nintendo. Also, during the months of November and December, follow Yoplait® and Go-Gurt® on Facebook and Instagram - @yoplaitusa or @gogurt - for fun updates and special appearances from amazing families from across the country for inspiration on how to throw the ultimate family game night. "At Yoplait, we know how hard it is to juggle all of the chaos of daily life – and how that might take away from spending time with your loved ones," said Pilar Moya, marketing communications manager, Yoplait USA.
Kraft Heinz (KHC) stock fell 7.3% in after-hours trade following the company’s third-quarter results on November 1. Kraft Heinz reported better-than-expected top-line growth. Meanwhile, improvement in organic sales was a positive surprise. However, the company missed analysts’ estimate on the bottom-line front, which didn’t sit well with investors.
Analysts are divided on whether or not they can. favorite food and beverage giant's miss on earnings per share on Thursday night has shares falling in early market trading on Friday. "We continue to believe we're in a strong position to deliver organic growth for the full-year and sustain that momentum into 2019," CEO Bernardo Hees told analysts Thursday.
Several analysts covering Kellogg (K) stock lowered their target prices following the company’s third-quarter results and reduced the EPS growth outlook. Credit Suisse reduced its target price to $70 per share from $75. Meanwhile, Morgan Stanley lowered the target price on Kellogg stock to $68 from $75. J.P. Morgan lowered the target price to $72 from $78.
Kellogg (K) reported an adjusted EPS of $1.06 during the third quarter—in line with analysts’ projections and an increase of 2.9% YoY (year-over-year). The following graph shows that Kellogg’s EPS growth marked a steep slowdown sequentially.
The FDA is changing its definition of healthy to reflect the evolution of nutrition science after makers of everything from pizza bagels and chewing gum tried to market their products as such. Yahoo Finance’s Melody Hahm speaks to Kind Bar CEO Daniel Lubetzky.
Trade it or fade it? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Brian Kelly and Dan Nathan.