Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has Danone (DANOY) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Danone is one of 184 companies in the Consumer Staples group. The Consumer Staples group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks wi ...

Danone today announces that its interim financial report for the six-month period ended June 30, 2024 is publicly available and accessible online (link). Attachment Notification of availability of Danone's 2024 interim financial report Danone is a leading global food and beverage company operating in three health-focused, fast-growing and ontrend Categories: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition. With a longstanding mission of bringing health through food to as many people ...

As I mentioned in previous articles, the company's upside and risk considerations are a mix of the undeniable quality of its many world-leading and well-known brands... turnaround for a company like this can actually take. Nothing is "sacred" here, which is good to see. Several brands that have been with the company for a long time have been recycled and sold. EPS is unlikely to significantly improve this year - the company is still transforming - but there's a lot to be said about investing in a company wh ...

This report provides insight into Danone's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts. Scope Gain insights into Danone's tech operations. Gain insights into its tech strategies and innovation initiatives. Gain insights into its technology themes under focus. Gain insights into various product launches, and partnerships strategies. o9 Solutions Brightseed Water.io Balyo CHEP Netwo ...

Kefir, healthy probiotic beverage with milk kefir grains The Growth Trend Behind Lifeway Webpage Danone's Support In recent years, the company has seen considerably more growth than other larger scale nearby competitors such as Danone (OTCQX:DANOY) or Yakult (OTCPK:YKLTY). This is a good sign, as it means that the company is growing more than the leaders, therefore stealing market share and carving out a place for itself in the industry. The good: Being a majority shareholder, Danone has interest in helping ...

Committed to a long-term value compounding model, Danone aims to consistently deliver attractive returns, and expects, for the 2025-2028 period, like-for-like net sales growth between +3% and +5%, and recurring operating income to grow faster than net sales. This financial guidance should allow Danone to deliver a structurally double-digit ROIC and progress towards its long-term ambition of €3bn free-cash-flow. o o O o o o o O o o This press release contains certain forward-looking statements concerning Dan ...

With an investment of over 16 million euro in the first phase, the industrial and technological platform will be located in Clermont-Ferrand within the Parc Cataroux Center for Sustainable Materials, an innovation accelerator supported by Michelin. The Biotech Open Platform is also supported by several public and private institutions: the University of Clermont Auvergne, the company Greentech, the Auvergne-Rhône-Alpes Region under the European Regional Development Fund (ERDF) and Clermont Auvergne Métropole ...

Completion by Danone of the sale of its EDP business in Russia Press release – Paris, May 17, 2024 Following the press release on March 22, 2024, where Danone announced that the Russian regulatory approvals required for the disposal of its EDP business in Russia to Vamin R LLC were obtained, Danone announces today it has completed this transaction. Danone is a leading global food and beverage company operating in three health-focused, fast-growing and on- trend Categories: Essential Dairy & Plant-Based prod ...

Investors looking for stocks in the Food - Miscellaneous sector might want to consider either Kraft Heinz (KHC) or Danone (DANOY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores ...

Financial Data and Key Metrics Changes - The company reported a Q1 net sales increase of 4.1% year-over-year on a like-for-like basis, with a positive volume/mix contribution of 1.2% [30][107] - Pricing normalized with a contribution of 2.9%, while currency effects and hyperinflation had a negative impact of 1.6% [107] - The company confirmed its guidance for the year, expecting like-for-like sales growth in the 3% to 5% range and a moderate improvement in operating margin [37] Business Line Data and Key Metrics Changes - The EDP category grew by 3% on a like-for-like basis, with volume/mix up by 1% [46][55] - Specialized Nutrition grew by 3.8% on a like-for-like basis, driven by strong dynamics in medical nutrition and resilient performance in infant nutrition [113] - Waters category saw a significant increase of 8.1%, largely driven by Mizone in China, which grew over 27% [31][35] Market Data and Key Metrics Changes - North America delivered a solid Q1 with sales up 2.5%, primarily driven by volume/mix growth of 1.5% [24] - Latin America reported like-for-like sales growth of 4.1%, with pricing up 6.8% but volume/mix down 2.6% due to the licensing out of the Paulista milk brand [36][19] - The China, North Asia & Oceania zone experienced a strong start with like-for-like sales up 8.9%, driven by a 6.9% increase in volume/mix [35] Company Strategy and Development Direction - The company is focusing on a balanced growth algorithm and improving structural resilience by rotating its portfolio, including the disposal of underperforming assets [32] - There is a strategic emphasis on premiumization and channel diversification, particularly in the Waters category [31] - The company aims to enhance its competitiveness through selective price increases and a focus on differentiated product ranges [85] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory for the remainder of the year, despite a volatile external environment [5][4] - The company is closely monitoring geopolitical situations and their potential impacts but has not seen significant effects on its business so far [104] - Management highlighted the importance of maintaining market share and protecting the balance sheet during challenging macroeconomic conditions [87] Other Important Information - The company is experiencing shipment disruptions due to price negotiations with retailers, but most of these issues are expected to be resolved soon [33][55] - The company is optimistic about the performance of its high-protein product lines, which are expected to become a billion-dollar platform [90] Q&A Session All Questions and Answers Question: Why is the company cautious despite a strong Q1 performance? - Management indicated that while Q1 growth was strong, they are being cautious due to the unpredictable nature of the external environment and the need for a balanced growth approach [41][85] Question: What is the impact of hyperinflation on the company's performance? - Hyperinflation primarily affects operations in Argentina and Turkey, but the company is managing to protect market shares and maintain cash delivery [87] Question: How is the company addressing the performance of its plant-based products in the U.S.? - Management acknowledged previous pricing issues but noted that they are seeing signs of stabilization in market shares and are implementing strategies to improve competitiveness [100][80] Question: What is the company's strategy regarding the Waters category? - The company is focused on protecting its unique mineral water sources and ensuring high-quality standards, which has contributed to strong performance in this category [69] Question: How is the company managing its pricing strategy in Europe and North America? - The company is implementing selective price increases on differentiated product ranges while navigating shipment disruptions and maintaining a firm stance in negotiations [85][57]