food stocks

Beyond Meat Inc (NASDAQ: BYND)'s stellar run since its Wall Street debut on May 2 has turned the spotlight on plant-based meat companies. Plant-based meat products are substitutes that mimic the properties of actual meat, and therefore look and taste like meat. The telling proof for the...

Conagra Brands Inc (NYSE: CAG) reported a fourth-quarter earnings miss Thursday, but two bull analysts were unfazed.  The Analyst Bank of America Merrill Lynch's Bryan Spillane reiterated a Buy rating on Conagra with an unchanged $35 price target. Citi's David Driscoll...

Hershey Co (NYSE: HSY) reported strong gross and operating margin expansion for the first quarter and raised its full-year margin guidance Thursday.  Margins were driven by higher-than-anticipated benefits from a decline in cocoa and dairy prices, as well as gains from SG&A efficiency...

Food distributor Sysco Corporation (NYSE: SYY) announced Friday that it bought California-based J& M Wholesale Meats and Imperio Foods. What Happened The Modesto-based sister companies have about $44 million in combined annual sales, according to Sysco.  The companies operate...

Kellogg Company (NYSE: K) announced Monday that it's selling its Keebler, Famous Amos and fruit snack businesses to Nutella owner Ferrero Group. What Happened  The value of the deal is $1.3 billion, and it is expected to close by the end of July, Kellogg said in a press...

General Mills, Inc. (NYSE: GIS) and its new premium pet food brand Blue Buffalo are poised for growth, Deutsche Bank said Thursday in recommending investors buy stock in the maker of Cheerios, Betty Crocker and other well-known brands. The Analyst Deutsche Bank’s Rob Dickerson upgraded...

Food giant Kraft Heinz Co (NASDAQ: KHC) is reportedly looking to sell its Breakstone's business, which includes cottage cheese, butter and sour cream items, CNBC reported Tuesday.  What Happened Sources close to the matter told CNBC that Kraft hired advisors at Royal Bank of...

Campbell Soup Co. (NYSE: CPB) reported second-quarter results that beat expectations Wednesday, but analysts say the iconic company’s overall business isn’t exactly heating up. Campbell’s shares traded up by about 5 percent after the report of better-than expected earnings of...

Dean Foods Co (NYSE: DF) is evaluating strategic business alternatives that include asset sales, joint ventures, a merger and a sale of the company. The company is still in the early stages of the process and could provide more details during its fourth-quarter results announcement. The fact that...

Post Holdings Inc (NYSE: POST) reported first-quarter revenue and EBITDA that were ahead of expectations Thursday and raised its FY19 guidance. The results highlight resilience, with a combination of stable cereal sales from value consumers and incremental growth from premium licensed brands,...

Less exciting stocks like McCormick & Co (NYSE: MKC) and Clorox co (NYSE: CLX) are trading near their 52-week highs, and this marks a "clear change in leadership," according to Erin Gibbs, portfolio manager at S&P Global Market Intelligence. What Happened Growth stocks have lagged...

J M Smucker Co (NYSE: SJM) shares dipped lower Wednesday after the food company reported third-quarter results. What Happened Smucker said it earned $2.17 per share in the Q3 on revenue of $2.022 billion versus expectations of $2.33 per share and $2.05 billion, respectively. In addition...

Activist investor Dan Loeb and his Third Point struck an agreement Monday with Campbell Soup Company (NYSE: CPB) in which two of Third Point's slate of directors will be added to the food company's board.  Shares of Campbell Soup moved lower after the announcement, and at least two...

Food company Kraft Heinz Co (NASDAQ: KHC) reported Thursday afternoon with third-quarter results that fell short of the Street's estimates and prompted Susquehanna to turn bearish on the stock. The Analyst Susquehanna Financial Group's Pablo Zuanic downgraded Kraft Heinz from Neutral to...

The dynamics of the entire food packaging business changed after Kellogg Company (NYSE: K) decided to exit its direct store delivery snack network to operate a warehouse model. The distribution method that packaged food companies use is becoming increasingly important to investors, according to...