Company Earnings Archive

Are Ingredient Suppliers Signaling Trouble Ahead?

One of the biggest stories in food manufacturing in 2022 was the ability of producers to take pricing. Despite price increases usually in the range of 15% year-over-year (if not higher), major manufacturers were able …

Weakened Chicken Demand Pummels Tyson

Tyson Foods’ first quarter earnings missed Wall Street estimates as improved beef and pork supplies weakened demand for chicken, the company said. And chief financial officer John R. Tyson said the next quarter also will …

Recession Still Looms as a Risk to F&B Stocks

Many investors believe that food and beverage stocks are safe places in which to hide when the stock market turns towards recession. That belief centers on a simple thesis: people still have to eat. The …

Investors See Tough Times Ahead for Fast Casuals

It’s difficult to project how the fast-casual industry will perform in a recession. The current version of the industry hasn’t really seen one. To be sure, the fast-casual concept predates the financial crisis of the …

Alternative Seafood Investments Are on the Rise

Investment in plant-based, fermented or cell-based “alternative seafood” amounted to $178.2 million between January and mid-July this year, as interest in the sector continued to grow. (Fish Farming Expert, July 28) In fact, the alternative …

What’s Driving Beyond Meat’s Slide?

What’s going on at Beyond Meat? A week ago, the company’s stock price fell 12% after it warned that third-quarter revenue should come in at $106 million—far lower than its prior outlook and the nearly …

Is the Plant-Based Market Showing Signs of Decline?

Despite interest in the plant-based space by investors, the category appeared to lose a bit of luster in the second quarter, as both Beyond Meat and Maple Leaf Foods noted sales of their plant-based offerings …

EARNINGS UPDATE: Coca-Cola Reports Strong Second Quarter Results

Coca-Cola Co. released its second quarter earnings this week—and sales rebounded faster than expected. HIGHLIGHTS: Net Revenues grew 42% Organic Revenues (Non-GAAP) grew 37% Operating Income grew 52% Operating Margin was 29.8% versus 27.7% in …

Conagra Latest CPG Brand to Increase Prices

With the Consumer Price Index rising 0.9% in June, food brands are raising prices to keep up with inflation. The latest major company to follow suit is Conagra. Conagra recently cut its fiscal 2022 outlook …

EARNINGS UPDATE: General Mills, Constellation Brands

General Mills and Constellation Brands both reported earnings today. Here’s a closer look at highlights from both reports: GENERAL MILLS Fourth Quarter 2021 Highlights Net sales declined 10 % to $4.5 billion and organic net …

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Food Industry Financials: Inflation, KR, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: inflation analysis, food commodities outlook, The Kroger Co. (KR) earnings digest, and more. …

Food Industry Financials: Inflation, CPB, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: inflation analysis, earnings from Campbell Soup Company (CPB), Chewy, Inc. (CHWY), and more.   …

Food Industry Financials: Employment, SJM, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: employment, earnings from The J. M. Smucker Company (SJM) and more. Is America …

Food Industry Financials: Inflation, CBRL, SAFM, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: food inflation, earnings from Cracker Barrel (CBRL), Sanderson Farms (SAFM), Costco (COST) and …

As Retail Spending Rises, Target Growth Rates Best Walmart 

Big-box retailers have reported surprisingly strong first-quarter results as consumers – with more money from stimulus checks and rising optimism about a return to normal life – spent more in-store and online as COVID-19 cases fell and vaccination rates increased. And, while Walmart posted sector-leading earnings that surged past Wall Street estimates …

Food Industry Financials: Inflation, TSN, ARMK, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: CPI, PPI, small business optimism, Tyson Foods, Inc. (TSN), Aramark (ARMK), Utz Brands, …

Food Industry Financials: Surging Commodities, Coca-Cola, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: unemployment benefits, global debt, surging commodities, restaurant reservations, Coca-Cola (COKE), and more Trending …

Foodservice Distributors Heavily Impacted by COVID-19

Sysco Corp.’s fiscal second-quarter results came in below analysts’ estimates on pandemic-related constraints, with the Houston-based food distributor posting adjusted earnings of $0.17 per share, well under the Zacks consensus estimate of $0.35 per share …