Grocery stores

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...

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...

Costco Wholesale Corporation (NASDAQ:COST) reported first-quarter financial results after the market close on Thursday. Here’s a look at the key details from the quarter. Q1 Earnings: Costco reported first-quarter revenue of $62.15 billion, beating the consensus estimate of $62.08...

Kroger Co (NYSE:KR) shares are trading higher Tuesday afternoon following reports that a U.S. judge blocked the company’s proposed merger with Albertsons Companies Inc (NYSE:ACI). What Happened: U.S. District Judge Adrienne Nelson ruled in favor of the U.S. Federal Trade Commission (FTC...

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...

Costco Wholesale Corporation (NASDAQ:COST) shares were down in early trading on Friday, even after the company reported upbeat results for its fiscal fourth quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Costco...

Kroger Co (NYSE:KR) and Albertsons Companies, Inc. (NYSE:ACI) shares closed lower Tuesday after lawyers for the Federal Trade Commission (FTC) gave closing arguments in a hearing to temporarily block the proposed merger between the two companies.  The Details: The three-week-long U.S. District...

The food industry is rejecting Vice President Kamala Harris‘ proposal for a federal ban on price gouging by grocery stores. The plan calls for increased scrutiny of potential mergers between large supermarkets and food producers, as well as a federal ban on price hikes. "We understand why...

Kroger Co (NYSE: KR) shares have been strong performers in the past year, and one analyst said Wednesday the stock is set up well for another solid year in 2022, though there are some headwinds it will face. The Analyst: Bank of America analyst Robert Ohmes upgraded Kroger from...

Inflation has been one of the biggest concerns among investors this holiday season, particularly when it comes to rising grocery prices. Bank of America recently conducted a food retailer pricing study in the city of Nashville to identify which food retailers are hiking prices the most and...

If speed and convenience are the names of the game for shoppers, Amazon.com, Inc. (NASDAQ: AMZN) could be ahead of the competition with its Just Walk Out technology. The company has been rolling out this initiative for several business segments and is now bringing it to Whole Foods. What...

The average meal travels 1,500 miles to its destination, according to CUESA, a nonprofit organization dedicated to growing thriving communities through local food markets. The organization said that this travel includes food moving from farms to processing plants, from the plants to warehouses, and...

Food company Conagra Brands Inc (NYSE: CAG) is shopping its iconic Hebrew National hot dog brand and it may have found a buyer in Brazil's JBS ADR (OTC: JBSAY), sources told The Wall Street Journal. What Happened: The Hebrew National hot dog brand dates back to 1905 and was acquired by Conagra...

Grocery chain Kroger Co (NYSE: KR) reported Thursday morning its fourth-quarter results with management confident enough that recent trends will continue in 2021, offering it an optimistic outlook, Kroger CEO Rodney McMullen said Thursday on CNBC's "Closing Bell." Confidence...

Grocery sales growth remain elevated on a year-over-year basis, but have moderated since peak coronavirus "stock-up" activity in the middle of March, according to BofA Securities. The Analyst Robert Ohmes commented on the grocery store sector in a deep dive note. Grocery Store...