food

U.S. health officials announced Tuesday that the Food and Drug Administration will phase out petroleum-based synthetic food dyes by the end of 2026 in a major shift for the nation's food industry. "For the last 50 years, we have been running one of the largest uncontrolled scientific experiments in...

BofA Securities analyst Sara Senatore provides an analysis for restaurant sector performance in the first quarter. Restaurant demand showed mixed results due to weather and a calendar shift, said the analyst. Black Box industry data revealed a deceleration in same-store sales growth (SSSG) across...

Chipotle Mexican Grill Inc. (NYSE:CMG) finds itself in the spotlight again as some Wall Street analysts lowered their price targets prior to the company’s first-quarter earnings release on April 23. These changes are not only important to Chipotle shareholders but also to a small group of...

Bunge Limited (NYSE:BG) shares are trading down Tuesday. The company said it has entered into definitive agreements to sell its North America dry corn and corn masa milling businesses to Grain Craft, an independent flour miller in the U.S. This transaction includes Bunge facilities in Danville,...

Cal-Maine Foods Inc (NASDAQ:CALM) shares are trading lower in Tuesday’s after-hours session after the company reported third-quarter financial results and announced plans to acquire Echo Lake Foods. Q3 Earnings: Cal-Maine reported fiscal third-quarter revenue of $1.42 billion, missing analyst...

RBC Capital Markets analyst Nik Modi reiterated the Sector Perform rating on Campbell’s Co (NASDAQ:CPB), lowering the price forecast to $44 from $51. Yesterday, the company reported second-quarter sales growth of 9% to $2.685 billion, missing the analyst consensus estimate of $2.74...

Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) are strong Monday. Morgan Stanley (NYSE:MS) upgraded the stock to overweight from equal weight. It also raised the price target from $65 to $70. Chipotle is testing resistance around the $55 level. If it breaks this resistance the rally may continue...

A national restaurant chain is among the first to make a switch to beef tallow to cook their french fries, a move that comes with a push from Robert F. Kennedy Jr., the country's head of Health and Human Services. What Happened: Kennedy's appointment to lead the Health and Human Services has put a...

J.P. Morgan analyst Ken Goldman reiterated an Underweight rating on the shares of Beyond Meat Inc (NASDAQ:BYND). In the fourth-quarter, the El Segundo, California-based company exceeded revenue expectations by $1.1 million, although EBITDA fell short of consensus Metrix estimates by $7 million,...

Editor’s note: This story has been updated to correct a paragraph written about the Coca-Cola Co, not Coca-Cola Consolidated Inc. The U.S. Department of Agriculture said Wednesday that six dairy herds in Nevada have tested positive for a strain of bird flu associated with a man's death in...

Chipotle Mexican Grill, Inc. (NYSE:CMG) shares are down Wednesday, after the company announced a revenue miss in the fourth quarter. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. Stephens On Chipotle Mexican Grill Analyst Jim...

Chipotle Mexican Grill, Inc (NYSE:CMG) reported fourth-quarter financial results after the market close on Tuesday. Here’s a rundown of the report. Q4 Earnings: Chipotle reported fourth-quarter revenue of $2.845 billion, missing the consensus estimate of $2.847 billion, according to...

Aramark (NYSE:ARMK) shares are trading lower on Tuesday. The company reported first-quarter adjusted earnings per share 51 cents, beating the street view of 48 cents. Quarterly sales of $4.55 billion (+3%) missed the analyst consensus estimate of $4.62 billion. Revenue growth outweighed the loss of...

President Donald Trump's announced tariffs on Canada, Mexico and China could impact many sectors and see retailers and companies raising prices on consumers to offset the higher prices. Here's a look at the sectors and stocks that could be hurt the most by Trump's tariffs and retaliatory efforts by...

The U.S. Food and Drug Administration announced a ban on Red No. 3, an artificial food coloring linked to cancer in animal studies, effective Jan. 15, 2027. The dye, found in products ranging from candy to cold medicine, has been scrutinized for decades. This move follows the FDA's 1990...