food

Flowers Foods, Inc. (NYSE:FLO) shares are trading lower on Wednesday. The company entered into a deal to acquire Simple Mills for $795 million in cash. Flowers Foods secured a $795 million term loan from the Royal Bank of Canada to finance the acquisition. Following the transaction, Flowers’...

Cal-Maine Foods Inc. (NASDAQ:CALM) reported its second-quarter financial results after Tuesday's closing bell. Here's a look at the details from the report.  The Details: Cal-Maine Foods reported quarterly GAAP earnings of $4.47 per share, beating the $4.25 analyst consensus...

The uncertainties around PepsiCo Inc's (NASDAQ:PEP) performance in 2025 are already priced into the stock, according to Piper Sandler. The PepsiCo Analyst: Analyst Michael Lavery initiated coverage of PepsiCo with an Overweight rating and a price target of $171. The PepsiCo Thesis: In the back half...

Mission Produce Inc. (NASDAQ:AVO) reported its fourth-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.  The Details: Mission Produce reported quarterly earnings of 28 cents per share and quarterly revenue of $354.4 million, which beat the analyst...

General Mills, Inc. (NYSE:GIS) is trading lower on Wednesday. The company reported earnings and Wall Street didn't like what it heard. Our team of technical analysts has made it our Stock of the Day. There is a good chance the shares rally off of the current levels. The company posted earnings...

It's a rare scenario when someone conducting M&A due diligence becomes CEO of the company. But that’s exactly what happened when Mohaimina (Mina) Haque went from Tony Roma's legal advisor to overseeing the entire restaurant chain. In 2020, Tony Roma’s landed on the auction block...

McCormick & Company, Inc. (NYSE:MKC) is considering buying Sauer Brands from Falfurrias Capital Partners at a valuation of over $1 billion, Bloomberg cites familiar sources. In 2019, Falfurrias bought Sauer Brands, famous for its Duke’s mayonnaise brand. The company also...

BofA Securities analyst Peter T. Galbo reiterated an Underperform rating on Campbell’s Co. (NASDAQ:CPB), with a price target of $46. The company’s first-quarter net sales of $2.77 billion were slightly below estimates, with organic sales down 1% YoY, impacted by lower volume/mix and...

Campbell’s Company (NYSE:CPB) will release earnings results for the first quarter of fiscal 2025, on Wednesday morning, Dec. 4. Analysts expect the food company to report quarterly earnings at 87 cents per share. That’s down from 91 cents per share in the year-ago period. Campbell...

Over half of Americans — 56% — say they plan to host guests for Thanksgiving this year. With costs rising 19% from last year, consumers are feeling the pinch.  What To Know: The cost of hosting Thanksgiving dinner in 2024 is up 19% from last year with an average of $431 spent on food, drink and...

CAVA Group Inc (NYSE:CAVA) shares were climbing on Wednesday after the company reported upbeat third-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. TD Cowen On Cava Group Analyst Andrew Charles maintained a Buy rating, while...

Beyond Meat Inc (NASDAQ:BYND) reported third-quarter financial results Wednesday after the bell. Here’s a rundown of the report. Q3 Earnings: Beyond Meat reported third-quarter revenue of $81.01 million, beating the consensus estimate of $80.71 million, according to Benzinga...

As Chipotle Mexican Grill, Inc. (NYSE:CMG) prepares to release its third-quarter earnings Tuesday after the market close, investors and analysts are closely watching the company's performance amid recent, robust growth and a significant leadership transition. Chipotle outperformed expectations in...

In a marked reversal, PepsiCo Inc. (NASDAQ:PEP) says it will be adding more chips to some bags in a move designed to lure consumers who have grown tired of "shrinkflation."  The Details: According to a CNN report, the largest snack manufacturer in the U.S. will fight back against the trend of...

Restaurant company Wendy's Co (NASDAQ:WEN) may have a secret weapon up its sleeve in the battle of fast food restaurants as the industry competes to win customers. What Happened: While most restaurants are focused on value menu offerings, Wendy's is turning its attention to a collaboration with one...