|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||57.56 - 60.16|
|52 Week Range||57.55 - 93.88|
|PE Ratio (TTM)||6.51|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||2.50 (4.10%)|
|1y Target Est||76.45|
Pinnacle Foods Inc. shares surge after activist hedge fund Jana Partners LLC says it has amassed a 9.1% stake in the owner of the Birds Eye brand and urged management to consider selling the company.
Kraft Heinz is now working on taking Momofuku sauce national. The ketchup maker is partnering with celebrity chef David Chang to generate some buzz amid sliding sales and a falling stock price #tictocnews ...
Kraft Heinz (KHC) fell 5% this past week after Credit Suisse downgraded it from Outperform to Underperform. Philip Morris International (PM) dropped almost 16% on Thursday after reporting that its answer to falling smoking rates, a smokeless tobacco system called iQOS, might peak sooner than expected in Japan. Consider General Mills (GIS), which has fallen 27% so far this year, to humble levels relative to earnings.
investment company has a 27 per cent stake with an uncertain future. , the New York-based private equity group founded by Jorge Paulo Lemann that is the other major shareholder. Mr Buffett told the FT: “My stepping down from the board represents no change of any kind in my or Berkshire’s relationship with 3G.
Unilever, Nestle SA and other consumer giants are wooing investors with cash rewards as they lose the pricing power that’s historically driven sales growth and predators circle the industry.
Kraft Heinz shares have slid a fifth since the start of the year, and its 10-year bond trades well below par at 92 cents in the dollar. Meanwhile, shares in Anheuser-Busch InBev are down 7 per cent and ...
Hershey (HSY) is expected to announce its 1Q18 results on April 26, 2018. Analysts expect the company’s sales and EPS (earnings per share) to show YoY (year-over-year) improvement. However, persistent challenges could dent the company’s financials.
Momofuku, the restaurant group founded by chef David Chang, announces that Ssäm Sauce will be available nationwide for the first time.
Kraft Heinz Co., struggling with sliding sales and a falling stock price, is partnering with celebrity chef David Chang to generate some buzz. The ketchup maker will use its expertise in food production and distribution to help Chang take his Momofuku Ssam sauce national for the first time. The condiment, which has been served across the chef’s restaurant group since Momofuku Noodle Bar opened in Manhattan in 2004, will be available on Amazon.com in the original flavor and new spicy and smoky versions.
Whereas most US packaged food manufacturers are struggling to stabilize their margins amid soft sales and manufacturing and logistic cost inflation, McCormick (MKC) has managed to expand its margins at a healthy rate.
Moody's Investors Service commented that the announced sale of Hearthside to Charlesbank Capital Partners and Partners Group does not immediately impact Hearthside's ratings or outlook. On April 17, 2018, ...
McCormick (MKC) has seen double-digit sales and earnings growth over the past couple of quarters, and analysts expect the company’s top and bottom lines to mark double-digit growth in fiscal 2018.
Along with Kraft Heinz (KHC), analyst Robert Moskow of Credit Suisse also downgraded J.M. Smucker (SJM) stock, citing problems in its key businesses. In reference to the Folgers brand, Moskow stated that the brand is losing appeal to its key customers, which is a troubling sign, especially given the fact that the brand accounts for about 25% of the company’s overall profits. Also, the analyst raised concerns over the company’s pet foods and snacks business.
Kraft Heinz (KHC) stock is already down about 21.3% on a YTD basis as of April 16, 2018. Analyst Robert Moskow of Credit Suisse remains skeptical about the prospects of packaged food manufacturers and expects sales and margin headwinds to restrict the upside potential of these companies.
NEW YORK, April 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
The Chicago ad agency's work for Oscar Mayer hot dogs was particularly popular with Addy judges this year
Kraft Heinz Co (NASDAQ: KHC ) is a global food giant with No. 1 or No. 2-ranked market share in 17 different categories. But at the same time, Credit Suisse finds multiple reasons investors should drop ...
Credit Suisse lowers its rating to underperform from outperform for Kraft Heinz shares, predicting it will report earnings lower than expectations this year.
Kraft Heinz gets hit with a tough downgrade out of Credit Suisse. In the process, the analyst slams Kraft's culture.
Packaged food has been stale for a while, and it may not be more appetizing anytime soon for major sector players such as Kraft Heinz (KHC), Smucker (SJM), and Campbell Soup (CPB), warns Credit Suisse. Moskow downgraded Kraft Heinz to Underperform and lowered his price target to $55 from $77. The stock has already come down "considerably" this year, but it still has further to fall, as Moskow expects consensus revenue and profit estimates will be revised lower.
Shares of Kraft Heinz Co. fell 0.7% in morning trade Monday, after Credit Suisse swung to bearish from bullish on the processed food and beverage company, citing concerns over the company's ability to ...
Food stocks have been a staple of investors’ portfolios for decades and have rewarded them with fat returns throughout that time. However, the food companies behind those returns have also made non-investors fat, though not financially, thanks to their sugar-laden, nutrition-deprived offerings. That’s led to a concerted effort among consumers to eat healthier in an […]
Kraft Heinz is thrilled to announce Clinton Arena in Clinton, N.Y. is the winner of Kraft Hockeyville™ USA 2018. After weeks of rallying and online voting, Clinton rallied together to prove exactly why they are the most spirited hockey community in America.