Food Prices

The invasion of Ukraine by Russia in February 2022 has been one of the biggest stories around the world and for the public markets over the last year and a half. One of the biggest world items affected the most is the food supply, which has seen spikes in prices due to troubles with exports from...

This year’s Fourth of July cookouts provide an opportunity for Americans to enjoy the holiday without breaking the bank. According to the American Farm Bureau’s Summer Cookout Survey, the average cost per person for a July 4th cookout has been reduced somewhat, making the holiday more...

Grocery chain Kroger Co (NYSE: KR) reported first-quarter results, highlighted by changing trends that are likely to result in permanent habits, Kroger CEO Rodney McMullen said on a Fox Business interview. Kroger reported quarterly earnings of $1.22 per share, which beat the analyst consensus...

Food prices as a whole rose at the fastest pace in 46 years in May, with some categories experiencing double-digit gains. May 2020 Versus May 2019 Food prices away from home were up 4.8% year-over-year in May. Beef prices were the most impacted in May, up 18.2% year-over-year, Fox Business'...

Food prices have risen at the fastest pace in more than 40 years and food makers and consumers are scrambling to find ways to mitigate the impact, The Wall Street Journal reported. What Happened: Store-bought food prices rose at a seasonally adjusted 2.6% in April, marking the biggest monthly gain...

Grocery food prices continue to rise, and this represents a potentially overlooked opportunity for restaurants like Texas Roadhouse Inc (NASDAQ: TXRH). The Texas Roadhouse Analysts Wedbush analyst Nick Setyan maintained an Outperform on Texas Roadhouse with an unchanged $73 price...

Chicken wing restaurant chain Wingstop Inc (NASDAQ: WING) boats multiple catalysts that are "underappreciated" by investors and not factored into the stock's valuation, according to Wedbush. The Analyst Wedbush's Nick Setyan upgraded Wingstop from Neutral to Outperform with...

Casual restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) has seen its stock outperform the S&P 500 index by more than 2,000 basis points since June 2017. Investors may want to hold off on buying the stock at these levels, according to BMO Capital Markets.  The Analyst BMO's...

Tyson Foods, Inc. (NYSE: TSN) reported its fiscal fourth quarter earnings this week. The food producer more than expected, partly due to lower costs. The Analyst Argus' John Staszak upgraded Tyson's stock rating from Hold to Buy with a $90 price target. The Thesis Tyson's...

After a 40-percent gain in three months, analysts at Mizuho Securities feel it is prudent to no longer hold a bullish stance on Sanderson Farms, Inc. (NASDAQ: SAFM). The firm's Jeremy Scott downgraded Sanderson Farm's stock rating from Buy to Neutral but with a price target boosted from $151 to $...

The competitive landscape within the grocery store market continues to mount with Wal-Mart Stores Inc (NYSE: WMT)'s launch of a private label brand for its Jet.com property, the New York Post reported. Jet.com will soon introduce dozens of food and household items, likely as a counter to...

A revision to Buffalo Wild Wings (NASDAQ: BWLD)'s financial model is necessary to reflect promotional changes, the impact of hurricanes Harvey and Irma, and chicken wing prices, analysts at Canaccord Genuity commented in a research report. The firm's Lynne Collier maintains a Hold rating on...

Analyst at Oppenheimer hold both a negative view on Buffalo Wild Wings (NASDAQ: BWLD)'s near-term outlook, but see a path towards improvement in 2018. The firm's Brian Bittner maintains an Outperform rating on Buffalo Wild Wings' stock with an unchanged $135 price target. Over the near-...

The grocery sector changed nearly overnight after Amazon.com, Inc. (NASDAQ: AMZN) entered the space through its acquisition of Whole Foods Market, Inc. Needless to say, investors are forgiven if they are nervous heading into Kroger Co (NYSE: KR)'s second-quarter earnings report on Friday....

Mark Ordan owned a grocery store business, Fresh Fields, in the 1990s, which he sold to Whole Foods Market in 1996. He is now a turnaround specialist who focuses in the food retail industry and offered his take on the organic grocery store's history and recently completed merger with Amazon.com,...