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 [...]
Just a few weeks ago we talked about the backlash Target (TGT) faced as a result of their LGBTQ+ friendly line - and the subsequent pulling of that line from the shelves. And now, it’s becoming more apparent that the retailer faces another headwind on the horizon. As the student loan restart is scheduled [...]
Target (TGT) has been battling serious backlash in recent weeks after shoppers took offense to their “tuck-friendly” swimsuits and a “the Devil Respects Pronouns” shirt. These products were designed for the transgender community and were part of a larger Pride line that hit shelves not too long ago. Critics claimed that these products shouldn’t [...]
