We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Hormel Foods to Launch Froyo-Based SKIPPY Peanut Butter
Read MoreHide Full Article
Hormel Foods Corporation (HRL - Free Report) recently joined forces with Menchie's for providing its consumers a new variety of flavored SKIPPY peanut butter in the new year.
Over the last three months, shares of this Zacks Rank #3 (Hold) company yielded a return of 15.1%, outperforming 9.3% growth recorded by the industry.
The company is currently plagued with certain industry-specific headwinds such as price inflation of major inputs (beef trim and pork bellies) and plunge in turkey prices. However, it is battling these headwinds with strategic acquisitions and product-portfolio solidification. Notably, after successfully buying the assets of Columbus Manufacturing, Inc. in December 2017, Hormel Foods raised its earnings and revenue guidance for fiscal 2018 (ending October 2018).
Inside the Headlines
Menchie's is a premium American frozen yogurt-producing company. The company offers froyos with different types of toppings and yogurt flavors.
Hormel Foods’ SKIPPY peanut butter is long lasting, less sticky and comes in different types of flavors. However, the company’s aforementioned limited-edition variation of peanut butter — Menchie's Peanut Butter Brownie — will include chocolate-flavored brownie of frozen yogurt. The product, which will contain real cocoa powder, will not have any artificial colors or flavors. Moreover, any sort of partly hydrogenated oils or high fructose-based corn syrup will not be included in the froyo-based peanut butter.
The company stated that its latest flavored peanut butter will be available in all the U.S.-based Menchie's stores from the end of this January.
Stocks to Consider
Some better-ranked stocks in the food industry are listed below:
Flowers Foods, Inc. (FLO - Free Report) carries a Zacks Rank of 2 (Buy). The company has generated an average positive earnings surprise of 2.79%for the preceding four quarters.
Lamb Weston Holdings Inc. (LW - Free Report) also holds a Zacks Rank of 2. It has recorded an average positive earnings surprise of 11.02% during the same time frame.
Investor Alert: Breakthroughs Pending
A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.
Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.
Image: Bigstock
Hormel Foods to Launch Froyo-Based SKIPPY Peanut Butter
Hormel Foods Corporation (HRL - Free Report) recently joined forces with Menchie's for providing its consumers a new variety of flavored SKIPPY peanut butter in the new year.
Over the last three months, shares of this Zacks Rank #3 (Hold) company yielded a return of 15.1%, outperforming 9.3% growth recorded by the industry.
The company is currently plagued with certain industry-specific headwinds such as price inflation of major inputs (beef trim and pork bellies) and plunge in turkey prices. However, it is battling these headwinds with strategic acquisitions and product-portfolio solidification. Notably, after successfully buying the assets of Columbus Manufacturing, Inc. in December 2017, Hormel Foods raised its earnings and revenue guidance for fiscal 2018 (ending October 2018).
Inside the Headlines
Menchie's is a premium American frozen yogurt-producing company. The company offers froyos with different types of toppings and yogurt flavors.
Hormel Foods’ SKIPPY peanut butter is long lasting, less sticky and comes in different types of flavors. However, the company’s aforementioned limited-edition variation of peanut butter — Menchie's Peanut Butter Brownie — will include chocolate-flavored brownie of frozen yogurt. The product, which will contain real cocoa powder, will not have any artificial colors or flavors. Moreover, any sort of partly hydrogenated oils or high fructose-based corn syrup will not be included in the froyo-based peanut butter.
The company stated that its latest flavored peanut butter will be available in all the U.S.-based Menchie's stores from the end of this January.
Stocks to Consider
Some better-ranked stocks in the food industry are listed below:
Pilgrim's Pride Corporation (PPC - Free Report) currently sports a Zacks Rank of 1 (Strong Buy). The company has pulled off an average positive earnings surprise of 1.53% for the last four quarters. You can see the complete list of today’s Zacks #1 Rank stocks here.
Flowers Foods, Inc. (FLO - Free Report) carries a Zacks Rank of 2 (Buy). The company has generated an average positive earnings surprise of 2.79%for the preceding four quarters.
Lamb Weston Holdings Inc. (LW - Free Report) also holds a Zacks Rank of 2. It has recorded an average positive earnings surprise of 11.02% during the same time frame.
Investor Alert: Breakthroughs Pending
A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.
Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.
Click here to see them >>