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Zacks News
McCormick (MKC) Down More Than 25% in 6 Months: Here's Why
by Zacks Equity Research
McCormick has been grappling with cost inflation for a while now. A rising interest rate environment remains a threat to the company.
McCormick (MKC) Rewards Investors With 7.7% Dividend Hike
by Zacks Equity Research
McCormick (MKC) continues to uphold its commitment to rewarding its shareholders, as evidenced by its latest dividend increase. The company hikes its dividend rate for the 38th time.
McCormick (MKC) Down 6.3% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
McCormick (MKC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
United Natural (UNFI) Benefits From Transformation Efforts
by Zacks Equity Research
United Natural (UNFI) is committed to its four transformation pillars. The company's performance is benefiting from e-commerce strength.
Kraft Heinz's (KHC) Acquisitions Aid, Cost Inflation Stays
by Zacks Equity Research
Kraft Heinz (KHC) undertakes strategic acquisitions to increase its presence. The company has been on track to navigate cost challenges through its pricing initiatives.
Post Holdings' (POST) Latest Acquisition Move to Aid Growth
by Zacks Equity Research
Post Holdings (POST) will acquire Perfection Pet Foods, LLC, to add production capacity and insource a part of its existing pet food business.
McCormick (MKC) Q3 Earnings Match Estimates, EPS View Up
by Zacks Equity Research
McCormick's (MKC) third-quarter fiscal 2023 results reflect gains from higher pricing, favorable demand and cost optimization. Management raises the bottom-line view.
McCormick (MKC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
by Zacks Equity Research
Although the revenue and EPS for McCormick (MKC) give a sense of how its business performed in the quarter ended August 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
McCormick (MKC) Meets Q3 Earnings Estimates
by Zacks Equity Research
McCormick (MKC) delivered earnings and revenue surprises of 0% and 0.41%, respectively, for the quarter ended August 2023. Do the numbers hold clues to what lies ahead for the stock?
Conagra's (CAG) Frozen & Snacks Strength Aids, High Costs Ail
by Zacks Equity Research
Conagra (CAG) benefits from its thriving frozen and snacks divisions. Though cost inflation is a concern, the company's justified pricing actions offer relief.
Kraft Heinz (KHC) Poised on Pricing & Transformation Efforts
by Zacks Equity Research
The Kraft Heinz Company (KHC) is committed to accelerating its profit and enhancing the long-term shareholders' value with the AGILE@SCALE strategy.
Conagra Brands (CAG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
by Zacks Equity Research
Conagra Brands (CAG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What Awaits McCormick (MKC) as It Queues for Q3 Earnings?
by Zacks Equity Research
McCormick's (MKC) third-quarter results are likely to reflect the impacts of cost inflation and high SG&A costs. However, a focus on the CCI and GOE programs bodes well.
Earnings Preview: McCormick (MKC) Q3 Earnings Expected to Decline
by Zacks Equity Research
McCormick (MKC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Owens Corning and Labcorp have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Owens Corning and Labcorp are part of the Zacks Bull and Bear of the Day article.
3 Inflation-Proof Consumer Staples Stocks Worth a Watch Now
by Tirthankar Chakraborty
Continuous inflationary pressure calls for watching closely stocks such as Mondelez International (MDLZ), Hershey (HSY), and McCormick & Company (MKC) as they provide a natural hedge against inflation.
Hershey (HSY) Benefits From Pricing Amid High SG&A Costs
by Zacks Equity Research
Hershey's (HSY) effective pricing tactics and the resilience of its diverse brand portfolio have been providing support amid cost challenges.
Philip Morris (PM) Rewards Investors With Dividend Hike
by Zacks Equity Research
Philip Morris (PM) hikes its regular quarterly dividend by 2.4%, taking the annualized rate to $5.20 per share.
Lamb Weston (LW) Gains on Pricing Actions Amid High Costs
by Zacks Equity Research
Lamb Weston (LW) is on track with strategies like pricing actions and enhancing business and product mix to counter input cost inflation.
Church & Dwight (CHD) Thrives on Solid Brands & Pricing
by Zacks Equity Research
Church & Dwight (CHD) is resorting to incremental pricing across its portfolio to counter rising costs. Constant brand investments and product innovations are growth drivers.
Altria (MO) Is Marching Ahead of the Industry: Will This Stay?
by Zacks Equity Research
Altria (MO) is positioned to keep benefiting from its smoke-free products and pricing strategy. Management targets nearly doubling its smoke-free net revenues to $5 billion by 2028.
Flowers Foods (FLO) Looks Well-Placed on Pricing, Buyouts
by Zacks Equity Research
Flowers Foods (FLO) benefits from its focus on core priorities, gains from pricing and acquisitions amid cost inflation.
Hostess Brands (TWNK) to be Acquired by The J.M. Smucker
by Zacks Equity Research
The acquisition of Hostess Brands (TWNK) by The J.M. Smucker aims to capitalize on the synergy between the two well-established consumer goods companies.
Medifast (MED) Gains on OPTAVIA Lifestyle Solution Strength
by Zacks Equity Research
Medifast's (MED) OPTAVIA program is a robust and adaptable solution focused on health and wellness. This holistic approach positions it for sustained long-term growth.
McCormick (MKC) Looks Tempting: Up More Than 10% in 6 Months
by Zacks Equity Research
McCormick (MKC) benefits from brand strength, prudent acquisitions and efficient saving programs. Solid marketing and innovative initiatives have been working well.