snacks

Beverage giant Coca-Cola (NYSE:KO) is set to report third-quarter financial results before the market opens Wednesday, Oct. 23. Could the company's earnings highlight easing inflation and growth in international markets? Earnings Estimates: Analysts expect Coca-Cola to report third-quarter revenue...

Macroeconomic headwinds did not slim down the third quarter results of PepsiCo Inc (NASDAQ: PEP) who today smashed Wall Street estimates along with raising its full-year guidance for a third consecutive quarter, sending shares more than 2% up during pre-market trading. Earlier this summer, PepsiCo...

The most followed individual on YouTube, MrBeast, has built a loyal following of fans and a brand that could be worth billions of dollars. The popular content creator is also expanding his reach with products such as Feastables, a snack brand that NBA fans will be seeing a lot of in 2023...

Hershey Co (NYSE: HSY) has agreed to acquire Dot's Pretzels LLC, the owner of Dot's Homestyle Pretzels, and Pretzels Inc for a total purchase price of $1.2 billion. The estimated aggregate net sales for the two businesses were ~$275 million for the 12 months ended September 2021...

PepsiCo, Inc. (NASDAQ: PEP) has reached only the mid-point of an investment cycle that is expected to result in sustainable top- and bottom-line growth, according to UBS. The PepsiCo Analyst: Sean King upgraded the rating for PepsiCo from Neutral to Buy, while raising the price target from $145 to...

Savory and salty snack maker Utz Brands Inc (NYSE: UTZ) reported fourth-quarter results on March 18 that sent shares lower by 4% despite beating expectations. Investors appear to have been concerned with management's outlook, including weaker than expected revenue guidance and a...

Hershey Co (NYSE: HSY) is among the best-positioned food companies amid the surge in commodity costs as cocoa prices have remained stable, according to Piper Sandler. The Hershey Company Analyst: Michael Lavery upgraded Hershey Company's stock rating from Neutral to Overweight with a price...

Several food and beverage companies reported earnings on Thursday and despite a somewhat boring reputation in the "meme stock" generation, a name like PepsiCo, Inc. (NASDAQ: PEP) offers "slow and steady growth," according to Boris Schlossberg, managing director of FX...

PepsiCo, Inc. (NASDAQ: PEP) has been busy acquiring businesses in recent years. But what people are talking about is the beverage company's recent partnership with Beyond Meat Inc (NASDAQ: BYND), which will generate a "very healthy set of snacks," PepsiCo CFO...

Kraft Heinz Co (NASDAQ: KHC) confirmed Thursday the sale of its nuts business to Hormel Foods Corp (NYSE: HRL) for $3.35 billion. What Happened: The majority of products included in the transaction include those sold under the Planters brand, including single and mixed nuts, trail mix nuts,...

Kraft Heinz Co (NASDAQ: KHC) is nearing a deal to sell its iconic Planters snack brand to Hormel Foods Corp (NYSE: HRL) for $3 billion, The Wall Street Journal reported Tuesday afternoon. What Happened: Planters might be best known for its Mr.Peanut mascot and seems like a...

Snack and food company Hershey Co (NYSE: HSY) has multiple catalysts ahead that would justify multiple expansion in 2021 and beyond, according to BofA Securities.  The Analyst: Bryan Spillane upgraded Hershey's from Neutral to Buy with a price target lifted from $156 to $168. The...

The bullish case for beverage giants Coca-Cola Co (NYSE: KO) and PepsiCo, Inc. (NASDAQ: PEP) has come to an end at RBC, mostly due to valuation concerns. The Analyst: Nik Modi downgraded Coca-Cola's stock from Outperform to Sector Perform with an unchanged $55 price target. The analyst...

Beignets are a staple food item in Louisiana, so it's only natural for Popeyes Louisiana Kitchen to bring the pastry to stores nationwide, CNBC reported. What Happened: The Restaurant Brands International Inc (NYSE: QSR) brand is counting on new dessert options to help drive traffic. Beignets...