Core Viewpoint - The market anticipates a year-over-year decline in Hormel Foods' earnings despite an increase in revenues when the company reports its quarterly results for the period ending October 2025 [1][3]. Earnings Expectations - Hormel Foods is expected to report earnings of $0.30 per share, reflecting a year-over-year decrease of 28.6%, while revenues are projected to reach $3.2 billion, representing a 2.1% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 10.48% over the last 30 days, indicating a reassessment by analysts regarding the company's earnings outlook [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that Hormel's Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, which complicates predictions of an earnings beat [12]. Historical Performance - Hormel has not exceeded consensus EPS estimates in any of the last four quarters, with the most recent quarter showing a surprise of -14.63% [13][14]. Zacks Rank - Currently, Hormel holds a Zacks Rank of 5 (Strong Sell), which diminishes the likelihood of a positive earnings surprise [12]. Market Reaction - The stock's movement post-earnings will depend on how actual results compare to expectations, with potential for upward movement if results exceed estimates, and downward movement if they fall short [2].

60 Minutes rewind. >> As the Thanksgiving weekend comes to a close, you may feel as oversted as that turkey you ate. And if you're overweight, and the chances are you are, it's probably because you eat too much.Too much of the wrong stuff. Most of the wrong stuff we eat comes in a bottle, a can, or a box. Food that's been processed. Much of that food has been flavored.The flavoring industry is the enabler of the food processing business, which depends on it to create a craving for everything from soda pop t ...

Core Insights - Rogers Sugar Inc. reported strong fourth quarter and full-year results, demonstrating resilience in a challenging market, with consolidated adjusted EBITDA of $39.5 million for Q4 2025 and $150.4 million for the fiscal year [1][2] Financial Performance - Q4 2025 revenues were $322.7 million, down from $333.0 million in Q4 2024, while year-to-date revenues increased to $1.31 billion from $1.23 billion [2] - Gross margin for Q4 2025 was $44.0 million, compared to $49.7 million in Q4 2024, with adjusted gross margin rising to $51.9 million from $50.1 million [2][3] - Net earnings for Q4 2025 were $13.7 million, down from $18.6 million in Q4 2024, while adjusted net earnings increased to $19.8 million from $18.8 million [2][3] Segment Performance Sugar Segment - Sugar segment adjusted EBITDA for Q4 2025 was $35.1 million, up from $34.2 million in Q4 2024, driven by higher adjusted gross margin per metric tonne despite lower sales volume [2][3] - Sales volume in the Sugar segment for fiscal 2025 was 781,500 metric tonnes, an increase of 28,100 metric tonnes compared to fiscal 2024 [2][3] - Revenues for the Sugar segment in Q4 2025 were $259.0 million, down from $272.8 million in Q4 2024, primarily due to lower average prices and sales volume [3][4] Maple Segment - Maple segment adjusted EBITDA for Q4 2025 was $4.4 million, an increase from $4.1 million in Q4 2024, attributed to higher sales volume [2][9] - Revenues for the Maple segment in Q4 2025 were $63.7 million, up from $60.2 million in Q4 2024, driven by increased sales volume [9][10] LEAP Project - The LEAP Project aims to expand refining and logistics capacity in Eastern Canada, with total costs expected between $280 million and $300 million, and anticipated in-service by mid-2027 [5][14] - As of September 27, 2025, $128.4 million had been capitalized for the LEAP Project, including $3.7 million in interest costs [20][19] Outlook - The company expects continued strong financial results in 2026, with stable underlying demand for sugar and anticipated pricing increases [21][23] - For fiscal 2026, the Sugar segment is projected to have sales volumes between 750,000 and 770,000 metric tonnes, reflecting a slight reduction compared to 2025 [23][24] - The Maple segment anticipates sales volume growth of approximately 3% over 2025, with global demand for maple syrup expected to continue growing [31][32]

Core Insights - Rogers Sugar Inc. reported strong fourth quarter and full-year results, demonstrating resilience in a challenging market, with consolidated adjusted EBITDA of $39.5 million for Q4 2025 and $150.4 million for the fiscal year [1][2][3] Financial Performance - Q4 2025 revenues were $322.7 million, a decrease from $333.0 million in Q4 2024, while year-to-date revenues increased to $1.31 billion from $1.23 billion [2][3] - Gross margin for Q4 2025 was $44.0 million, down from $49.7 million in Q4 2024, but adjusted gross margin increased to $51.9 million from $50.1 million [2][3] - Adjusted net earnings for Q4 2025 were $19.8 million, compared to $18.8 million in Q4 2024, with adjusted net earnings per share rising to $0.16 from $0.14 [3][44] Sugar Segment Highlights - Sugar segment revenues for Q4 2025 were $259.0 million, down from $272.8 million in Q4 2024, while adjusted EBITDA increased to $35.1 million from $34.2 million [5][6] - Sales volume in the Sugar segment for fiscal 2025 was 781,500 metric tonnes, an increase of 28,100 metric tonnes compared to fiscal 2024 [6][8] - Adjusted gross margin per metric tonne in the Sugar segment increased to $237 from $217 year-over-year [10][43] Maple Segment Highlights - Maple segment revenues for Q4 2025 were $63.7 million, up from $60.2 million in Q4 2024, with adjusted EBITDA increasing to $4.4 million from $4.1 million [12][13] - Sales volume in the Maple segment for fiscal 2025 was 14% higher than the previous year, driven by increased sales to existing and new customers [6][12] LEAP Project - The LEAP Project aims to expand refining and logistics capacity in Eastern Canada, with an expected total cost between $280 million and $300 million, and anticipated in-service in the first half of 2027 [16][20] - As of September 27, 2025, $128.4 million had been capitalized for the LEAP Project, including $95.2 million spent in fiscal 2025 [22][24] Outlook - The company expects continued strong financial results in 2026, with stable underlying demand for sugar and anticipated pricing increases aligned with inflation [23][25] - Projected sales volume for the Sugar segment in 2026 is estimated between 750,000 and 770,000 metric tonnes, reflecting a slight reduction compared to 2025 [25][26] - The Maple segment is expected to see a sales volume growth of approximately 3% in 2026, contingent on market conditions and potential US tariffs [33][34]

Market Overview - Stocks surged ahead of the Thanksgiving holiday, with the Nasdaq gaining 0.82% to 23,214.69, S&P 500 up 0.69% to 6,812.61, and Dow Jones increasing by 0.67% to 47,427.12, driven by optimism in the market and positive labor-market data showing a drop in initial jobless claims [1] Robinhood Markets Inc. - Robinhood's stock surged 10.93%, closing at $128.20, with an intraday high of $128.90 and a low of $120.86, while its 52-week high and low are $153.86 and $29.66 respectively [2] - The company announced plans to launch a futures and derivatives exchange and clearinghouse through a joint venture, with Susquehanna International Group as the initial liquidity provider, which could enhance liquidity and allow for the design of custom contracts [3] Beyond Meat Inc. - Beyond Meat's stock rose 19.01%, closing at $1.02, with an intraday high of $1.05 and a low of $0.86, while its 52-week high and low are $7.69 and $0.50 respectively [4] - The stock rebound occurred despite no new developments, attributed to broader market optimism, although the company reported a third-quarter revenue of $70.2 million, down 13.3% year-over-year, and a weak fourth-quarter outlook of $60–65 million [5] Tilray Brands Inc. - Tilray's stock increased by 4.76%, closing at $1.03, with an intraday high of $1.06 and a low of $0.99, while its 52-week high and low are $2.32 and $0.35 respectively [6] - The company announced a 1-for-10 reverse stock split effective December 1, aiming to reduce annual costs by about $1 million and attract institutional investors [6] ASML Holdings NV - ASML's stock climbed 3.76%, closing at $1,040.97, with an intraday high of $1,055 and a low of $1,037.30, while its 52-week high and low are $1,086.11 and $578.51 respectively [7] - The company benefits from strong AI-driven demand and its monopoly in EUV tools, with Goldman Sachs projecting long-term revenue could more than double, and it expects over 25% of 2025 sales to come from China [7] SMX (Security Matters) PLC - SMX's stock skyrocketed 194.42%, closing at $17.40, with an intraday high of $17.40 and a low of $5.91, while its 52-week high and low are $66,187.39 and $3.12 respectively [8] - The company is gaining attention due to its molecular tagging technology for gold verification, which aims to improve traceability and auditability in the gold supply chain, supported by interest from operators like Brink's [9]

Campbell’s Fires Executive For Alleged Racist Rant Claiming Company Products Are For ‘Poor People’https://t.co/oKcSlLHrTS https://t.co/0OgZw44ly4 ...

Breaking: Campbell’s has fired the executive allegedly caught on tape saying the company made “highly processed food” for “poor people” https://t.co/uBhHwrHhQ7 ...

Campbell’s Co. put an executive on leave and defended its ingredients after a lawsuit alleged the employee criticized its products and made racist remarks https://t.co/m2bhqhnqwJ ...

So tonight, new and intense scrutiny for a top exec at Campbell's Soup who's accused of saying some pretty wild stuff like that the meat in the soup is bio-engineered from a 3D printer and allegedly going on an offensive and in some case racist rant. It's all because a former employee who's suing the company says he secretly recorded Campbell's VP and chief information security officer Martin Bal during what that worker describes as an hour-long tirade. We've got the recording and we want to warn you here.I ...

Core Viewpoint - The U.S. government plans to impose tariffs of up to 107% on 13 EU pasta companies, including Rummo, starting January, which could significantly impact the gluten-free pasta market and Italian pasta exports to the U.S. [3][5] Group 1: Impact on Consumers - The impending tariffs are causing anxiety among consumers, particularly those with dietary restrictions, as prices for gluten-free pasta are expected to double, potentially driving brands like Rummo out of the U.S. market [3][5] - Consumers are reacting by stockpiling products, indicating a fear of scarcity in the market [3]. Group 2: Impact on the Italian Pasta Industry - The Italian pasta industry, which exports over $4.6 billion annually, could see its exports to the U.S. drop to nearly zero if the tariffs are implemented [5]. - Coldiretti, a major Italian agricultural organization, warns that the tariffs would erase years of growth and investment in the supply chain [5]. Group 3: EU's Response and Market Dynamics - The EU is preparing a tariff exemption list that includes pasta, aiming to negotiate with the U.S. to mitigate the impact of the tariffs [7]. - A report from the London School of Economics indicates that EU pasta prices in the U.S. are already 25% to 30% higher than in Europe, suggesting that these products are not being sold at unfairly low prices [7]. Group 4: Political Implications - The tariffs appear to be more of a political maneuver rather than a calculated economic strategy, aimed at demonstrating U.S. political strength and creating a "shock effect" [9]. - The actions against pasta serve as a warning to all industries that they could be targeted under the current U.S. trade policies [9].