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BranchOut Food’s Brussels Sprout Crisps Expand Nationally in the Nation’s Largest Retailer and Launches New Sweet Potato Snack
Globenewswire· 2025-07-08 10:30
Core Insights - BranchOut Food Inc. has achieved a significant national expansion, with its Brussels Sprout Crisps now available in 3,945 stores, nearly doubling its previous distribution [1][2] - The company is launching a new product, Cinnamon Sweet Potato Sticks, in 1,952 locations, which represents about 50% of the retailer's footprint [3] Company Performance - The Brussels Sprout Crisps have received an overwhelming consumer response since their launch, establishing themselves as a standout new item in the market [2] - The expansion of the product line and distribution reflects BranchOut's ability to innovate and meet rising consumer demand for healthier snack options [4] Technology and Innovation - BranchOut utilizes its proprietary GentleDry™ technology, which preserves up to 95% of the original nutrition of fresh produce, enhancing the quality and taste of its products [5] - The company has over 17 patents protecting its technology, positioning it as a trusted brand and supplier in the dehydrated snack market [5] Market Position - BranchOut is establishing itself as a preferred supplier for innovative dried fruit and vegetable-based snacks, particularly in light of recent tariffs on Chinese-sourced freeze-dried fruits [4]
RITZ Crackers Invites Fans to Have Their Saltiest Summer Yet with A Chance to Win 'No Me Quiero Ir De Aquí' Tickets
Prnewswire· 2025-06-25 14:00
Core Insights - RITZ brand is hosting the RITZ Salty Club Giveaway, providing fans a chance to win tickets to the sold-out residency "No Me Quiero Ir de Aquí" in Puerto Rico [2][5] - The initiative aims to modernize the brand's image and connect with consumers in innovative ways, as evidenced by its collaboration with cultural icon Bad Bunny [3][4] Company Overview - Mondelēz International, the parent company of RITZ, reported net revenues of approximately $36.4 billion for 2024, positioning itself as a leader in the global snacking market [8] - The company offers a diverse portfolio of iconic brands, including OREO, RITZ, and CADBURY, and is a member of major stock indices such as the S&P 500 and Nasdaq 100 [8] Event Details - The RITZ Salty Club experience will feature a salty-themed photo booth and exclusive merchandise, enhancing the concert experience for attendees [4] - Fans can enter the giveaway for a chance to win tickets for the residency dates on August 8 or 9, with 30 winners receiving pairs of tickets along with travel and accommodation covered by RITZ [5]
Wendy's and Takis Turn Up the Heat with a Flavor-Packed Collaboration
Prnewswire· 2025-06-17 12:00
Core Insights - Wendy's has launched a limited-time collaboration with Takis, introducing the Takis Fuego Meal featuring a Takis Fuego Chicken Sandwich and Fuego Fries, available in U.S. restaurants from June 20 and in Canada from June 30 [1][2] Group 1: Product Details - The Takis Fuego Chicken Sandwich includes a Spicy Chicken filet topped with crushed Takis Fuego chips, Chili Lime Sauce, creamy corn spread, and cheddar cheese sauce, creating a spicy and savory flavor profile [2] - Fuego Fries are made from Wendy's classic Hot & Crispy Fries, tossed in a tangy chili lime seasoning, and served in a custom tear-away bag for easy access [2] - The Takis Fuego Meal also includes a bag of Takis Fuego chips, available only while supplies last [2][7] Group 2: Marketing and Promotion - Wendy's Chief Marketing Officer emphasized the collaboration as a way to engage consumers' passion for flavor, highlighting the partnership with Takis as a strategic move to enhance their menu offerings [3] - An in-app game called Spice Invasion will be available from June 20 to July 20, allowing users to earn points and win prizes, including a grand prize of $10,000 [3][8] - Takis' U.S. Senior Director of Marketing expressed excitement about the collaboration, aiming to deliver a unique and intense flavor experience for fans [4] Group 3: Company Background - Wendy's operates over 7,000 restaurants globally and is known for its commitment to fresh food and popular menu items like the Spicy Chicken Sandwich [5] - Takis is a leading brand under Barcel USA, part of Grupo Bimbo, which is recognized for its intense snack offerings and has a strong market presence in the U.S. [6]
4 Stocks to Watch That Recently Hiked Dividends Amid Economic Woes
ZACKS· 2025-06-11 13:35
Market Overview - Wall Street experienced a strong recovery in May, regaining most losses from early April due to tariff announcements by President Trump, but volatility persists as the impact of tariffs on the economy remains unclear [1][4][9] - The Federal Reserve has not indicated plans to resume rate cuts despite recent cooling inflation, contributing to market uncertainty [2][5] Economic Indicators - U.S. job growth slowed significantly in May, with nonfarm payrolls increasing by only 139,000 and private payrolls rising by just 37,000, raising concerns about the economy's health [6] Dividend-Paying Stocks - In light of ongoing market uncertainty, investing in dividend-paying stocks is recommended as they tend to be more stable and reliable during economic fluctuations [7] - Four notable dividend-paying stocks include: - **Casey's General Stores, Inc. (CASY)**: Operates 2,893 convenience stores across 17 states, with a dividend of $0.57 per share and a yield of 0.46% [8][10] - **Utz Brands, Inc. (UTZ)**: Manufactures a variety of salty snacks, declaring a dividend of $0.06 per share with a yield of 1.75% [11][12] - **Sun Communities, Inc. (SUI)**: Focuses on manufactured housing communities, announcing a dividend of $1.04 per share and a yield of 3.01% [13][14] - **EOG Resources, Inc. (EOG)**: Engaged in oil and natural gas exploration, with a dividend of $1.02 per share and a yield of 3.41% [15][16]
STZ Concludes Deal With The Wine Group: Here's What You Should Know
ZACKS· 2025-06-03 16:11
Core Insights - Constellation Brands, Inc. (STZ) is successfully implementing a premiumization strategy, leading to accelerated growth in its Power Brands, particularly in the beer segment [1] Group 1: Divestiture and Portfolio Restructuring - The company has completed the divestiture of its mainstream wine brands to The Wine Group, which includes brands like Woodbridge, Meiomi, and Robert Mondavi Private Selection [2][9] - The wine portfolio now focuses on exclusive wines priced at $15 and above, featuring renowned brands from top regions globally [3] - The craft spirits portfolio includes High West whiskey, Mi CAMPO tequila, and Casa Noble tequila, aligning with consumer-led premiumization trends [4] Group 2: Financial Outlook - For fiscal 2026, Constellation Brands anticipates net sales growth of 0-3% in the beer segment and a significant increase in enterprise operating income by 765-783% [5] - The medium-term outlook for fiscal 2027 and 2028 includes enterprise net sales growth of 2-4%, with operating income margins projected at 35-36% overall [6] - Earnings per share (EPS) growth is expected to be mid-single-digit to low-double-digit for fiscal 2027 and low-single-digit to mid-single-digit for fiscal 2028 [7] Group 3: Capacity Expansion and Market Position - The company is investing in capacity expansion in Mexico to meet demand for its high-end Mexican beer portfolio, aiming for a capacity of approximately 55 million hectoliters by fiscal 2028 [8] - Constellation Brands is focused on enhancing distribution and innovation to support its leading position in the beer market [8] Group 4: Challenges - The company faces challenges from rising selling, general, and administrative costs, as well as inflationary pressures affecting packaging and raw material costs [10]
Hain Celestial Group Invites Consumers to Savor Summer Moments with Delicious, Convenient and Better-For-You Snacks
Prnewswire· 2025-06-03 13:02
Core Insights - Hain Celestial Group is launching the "Savor Your Summer" Sweepstakes to promote healthier snacking options during the summer season [1][2] - The promotion encourages consumers to engage with better-for-you snack brands, with a significant increase in demand for such options as 95% of snackers are trying to choose healthier snacks [2][5] - The sweepstakes offers prizes including $1,000 gift cards and is supported by various marketing strategies such as paid media and influencer engagement [3][4] Company Overview - Hain Celestial Group is a leading health and wellness company focused on inspiring healthier living through better-for-you brands, with over 30 years of experience in delivering nutrition and well-being [8] - The company’s product portfolio includes a variety of snacks, baby/kids foods, beverages, and meal preparation items, marketed in over 70 countries [8] - Notable brands under Hain Celestial include Garden Veggie Snacks™, Terra® chips, and Garden of Eatin'®, which emphasize natural ingredients and healthier options [7][8] Market Trends - There is a notable increase in household penetration and spending on salty snacks during the summer, indicating a growing market for snack products [2] - The demand for better-for-you snacks is rising, with consumers increasingly seeking healthier alternatives [2][5] - The promotion is expected to enhance consumer engagement and drive sales for Hain's snack brands during the summer season [3][4]
RXBAR Launches High Protein Innovation Along with a New Lemon Honey Cashew Butter Flavor to Fuel Snacking All Summer Long
Prnewswire· 2025-06-03 12:00
Core Insights - RXBAR has launched a new high-protein bar, RXBAR High Protein, featuring 18g of protein and only six recognizable ingredients, aimed at providing a better-tasting and simpler option in the protein bar market [1][2] - The brand emphasizes transparency and quality, positioning itself against overprocessed products with its new platform "Proud Sponsor of No B.S." [2] - The RXBAR High Protein is available in two flavors: Strawberry Peanut Butter and Vanilla Peanut Butter, designed based on consumer feedback and flavor nostalgia [3][4] Product Details - RXBAR High Protein contains 18g of protein, with pea protein as a key ingredient for texture and nutritional value, and peanut butter for flavor [5] - A new flavor, Lemon Honey Cashew Butter, has been introduced to the RXBAR Nut Butter & Oat lineup, featuring 10g of protein and 18g of whole grains, designed to be a lighter snack option [5][6] - All products are currently available at select Target stores and online, with plans for broader retail distribution [6] Market Context - Consumer preferences indicate that taste is a top priority for high-protein bar buyers, yet studies show that less than half perceive these products as tasty [7] - Kellanova, the parent company of RXBAR, reported net sales of approximately $13 billion for 2024 and aims to become a leading snacks-led powerhouse [8] - Kellanova is committed to promoting sustainable food access and aims to create better days for 4 billion people by 2030 [9]
去年营收增速放缓,劲仔食品退出一对外投资基金,聚焦主业
Sou Hu Cai Jing· 2025-05-28 10:05
Core Viewpoint - The company, Jinzhai Food, has decided to withdraw from the investment fund "Yueyang Caijin Taiyou Industrial Investment Partnership" and significantly reduce its investment in another fund, focusing on its core business amidst slowing revenue growth and rising advertising costs [1][6][10]. Investment Fund Withdrawal - Jinzhai Food announced its exit from the "Yueyang Caijin Taiyou Industrial Fund," which it co-established in September 2021 with a total fund size of 500 million yuan, where Jinzhai's planned contribution was 20 million yuan [2][4]. - The company also reduced its stake in the "Xiangxinli Private Equity Fund" from 19.60% to 6.86% by transferring an unfulfilled contribution of 65 million yuan to another company [5][6]. Focus on Core Business - The decision to withdraw from these funds is part of Jinzhai Food's strategy to concentrate on its main operations, optimize asset structure, and ensure sustainable development [6][7]. - The company aims to double its revenue and net profit by 2026 compared to 2023, despite facing challenges such as a decline in net profit in the first quarter of 2024 [11]. Financial Performance - Jinzhai Food has experienced steady revenue growth over the past three years, with revenues of 1.462 billion yuan, 2.065 billion yuan, and 2.412 billion yuan from 2022 to 2024, and net profits of 125 million yuan, 210 million yuan, and 291.3 million yuan respectively [10]. - However, advertising expenses surged by 180% in the last year, leading to a noticeable slowdown in revenue growth, with a revenue growth rate of 16.79% in 2024 compared to 41.26% in 2023 [10][11].
New Strong Sell Stocks for May 27th
ZACKS· 2025-05-27 11:31
Group 1 - ALTI Global Inc (ALTI) is a financial company providing merchant banking, corporate advisory, brokerage, and placement agency services. The Zacks Consensus Estimate for its current year earnings has been revised 81.4% downward over the last 60 days [1] - J & J Snack Foods (JJSF) is a manufacturer, marketer, and distributor of branded niche snack foods and frozen beverages for the food service and retail supermarket industries. The Zacks Consensus Estimate for its current year earnings has been revised 15.6% downward over the last 60 days [2] - Guess (GES) designs, markets, distributes, and licenses casual apparel and accessories for men, women, and children, reflecting American lifestyle and European fashion sensibilities. The Zacks Consensus Estimate for its current year earnings has been revised almost 12.5% downward over the last 60 days [3]
EnWave Signs License Amendment with Creations Foods to Expand License to Include Pet Treat Applications
Globenewswire· 2025-05-20 13:00
Core Insights - EnWave Corporation has amended its royalty-bearing license agreement with Creations Foods, allowing the latter to produce dried cheese snacks for pet treat applications in the U.S. on a non-exclusive basis [1] - Creations Foods sees significant growth potential in the pet food industry, with several confirmed customers for pet treats [2] - EnWave is actively seeking new licensed partners in the pet treat and food sector to utilize its REV™ technology for innovative applications [3] Company Overview - Creations Foods is focused on creating unique snack food experiences that are both enjoyable and nutritious, operating a gluten-free facility in Ferndale, Washington [4][5] - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a proven drying solution that outperforms traditional methods [6][8] - EnWave has over fifty royalty-generating partners across twenty-four countries, enabling them to create innovative snacks and improve product quality [7]