Shares of Dollar General (DG) have fallen more than 11% in the last month, but things started to turn around this Friday morning. The company reported that CEO Todd Vasos would return to the helm and shares jumped 10%. This is the biggest single-day jump since May of 2022. This came after the previous [...]
Beverage and snack giant PepsiCo Inc. (PEP) is trading marginally higher in Tuesday morning’s session after the company reported third-quarter earnings that beat the analyst consensus. The company grew revenue from $21.971 billion to $23.453 billion while surpassing the FactSet consensus of $23.413 billion. The bottom line grew too, though. Net income climbed to [...]
Shares of ConAgra (CAG) are down a few percentage points in pre-market trading this Thursday morning after the food brands company reported a mixed bag for its fiscal first-quarter earnings. The parent company of brands like Slim Jim, Hunt’s Duncan Hines, and more reported a profit of $319.7 million, or 67 cents a share. [...]
CarMax (KMX) reported fiscal second-quarter earnings that narrowly exceeded analyst expectations but spoke to a more grave concern of the used car market in general. The stock has fallen more than 9% in Thursday’s trading session as a result. Sales dropped from $8.145 billion this time last year to just $7.074 billion for the [...]
Threats of antitrust lawsuits and government intervention have been a concern for Amazon (AMZN) and its investors for years as the e-commerce giant gobbles up competition and appears more and more like a monopoly. But all this came to a head on Tuesday as the US government announced via the Federal Trade Commission (FTC) [...]
Providence, Rhode Island-based United Natural Foods Inc. (UNFI) has fallen more than 24% in Tuesday morning’s trading session so far. The company reported fiscal 4th quarter earnings that left much to be desired, while also issuing a warning for the road ahead. The company reported a steep net loss of $68 million for the [...]
General Mills (GIS) reported fiscal first-quarter earnings before the opening bell sounded this Wednesday morning. The results were a mixed bag with positives and negatives, spelling uncertainty for investors as to how to feel about the quarter. Inflation has been a challenge for many companies, General Mills included, over the past few quarters. However [...]
By Leslie N. Masonson, MBA Lifeway Foods (LWAY) stock price has surged 91% since August 11 and 16.8% this past week on exploding volume. This highly-rated stock should be placed on investor watchlists for a possible continuation of its price momentum going forward. But be cautious in the recent 10-day downtrending market. Lifeway Foods, [...]
Rumors have been circulating since August that Hostess Brands (TWNK) has been looking for a buyer. The latest update is that JM Smucker, the maker of Jif peanut butter, is preparing for a takeover that could cost as much as $5 billion. Reuters first reported the news that the famous Twinkie manufacturer had been [...]
Beyond Meat (BYND) has had a brutal start to the week as the stock has slid almost 19% over the past few days. This came on the heels of a dismal earnings day in which the company missed revenue expectations, cut its full-year forecast, and walked back its goal of seeing positive cash flow [...]
