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Kraft Heinz CEO on paused split: My focus is now on turning around the North American business
Youtube· 2026-02-19 16:16
Core Viewpoint - Craft Hinds is attempting to reverse its prolonged stock and sales slump by pausing its planned separation into two companies and focusing on turning around its North American business [1][4]. Group 1: Company Strategy - The company has decided to pause the separation plan to concentrate on improving the health of its North American grocery business, which has not been performing as expected [4][5]. - The CEO emphasizes that the primary focus is now on turning around the North American business to create a healthier state, which will preserve the option for future separation if desired [5][6]. - A significant investment of $600 million has been announced to support marketing expansion and return to organic growth, addressing the loss of market share over the past decade [7][9]. Group 2: Market Performance - Since the merger of Craft Hinds ten years ago, the company has consistently lost market share each year, with the last year being particularly poor [8][9]. - The company operated with significantly lower overhead and marketing levels compared to peers, which contributed to its declining market position [8][9]. - The new investment aims to bring marketing levels closer to industry benchmarks, with the expectation that improvements will take time but are necessary for recovery [9][10].
How HRL Is Reshaping Its Portfolio to Support Long-Term Growth
ZACKS· 2026-02-19 15:51
Core Insights - Hormel Foods Corporation is selling its whole-bird turkey business to Life-Science Innovations to enhance profitability and adapt to changing consumer preferences [1][8] - The divestiture reflects Hormel's strategic shift towards value-added protein products, reducing reliance on commodity-driven operations that can lead to earnings volatility [2][5] Transaction Details - Life-Science Innovations will acquire production assets, including a Minnesota processing facility, feed mill, transportation equipment, and grower supply contracts related to the whole-bird business [3] - The transaction is expected to close by the end of the second quarter of fiscal 2026, with co-manufacturing services provided during the transition to ensure customer order fulfillment [3][5] Financial Impact - Management anticipates that the divestiture will have a limited impact on adjusted fiscal 2026 results, with further details to be discussed in the upcoming earnings call [4][8] Strategic Focus - The move is part of Hormel Foods' broader strategy to streamline turkey operations and align resources with key focus areas, ensuring continuity for employees, customers, growers, and suppliers during the transition [5] Market Performance - Hormel Foods shares have increased by 10.4% over the past three months, outperforming the S&P 500 index's growth of 3.2% during the same period [6]
What Are Analysts Saying About Tyson Foods (TSN) Post Earnings?
Yahoo Finance· 2026-02-19 14:51
Tyson Foods, Inc. (NYSE:TSN) is one of the best natural and organic food stocks to buy now. On February 3, BofA adjusted the price target on Tyson Foods, Inc. (NYSE:TSN) to $68 from $65 while maintaining a Neutral rating on the shares. The firm told investors that it raised its FY26, FY27, and FY28 adjusted EPS estimates to $3.73, $4.83, and $5.74, respectively, following the company’s announcement of its Q1 adjusted operating income and EPS that were largely in line with BofA estimates. The firm further n ...
Beyond Meat, Inc. (BYND) Securities Fraud: Contact Berger Montague To Discuss Your Rights
TMX Newsfile· 2026-02-19 14:51
Philadelphia, Pennsylvania--(Newsfile Corp. - February 19, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Beyond Meat, Inc. (NASDAQ: BYND) ("Beyond Meat" or the "Company") on behalf of investors who purchased or otherwise acquired Beyond Meat securities during the period from February 27, 2025 through November 11, 2025 (the "Class Period"), inclusive.Investor Deadline: Investors who purchased Beyond Meat securities during the Class Peri ...
Kerry Group Conference: Biotech Push, Volume-Led Growth, and 19–20% EBITDA Margin Target by 2028
Yahoo Finance· 2026-02-19 14:36
Scanlon argued that biotechnology and biofermentation are increasingly central to solving industry challenges, citing pressures such as climate volatility, finite raw materials, and consumer demands for simpler labels, better nutrition, functional benefits, and authentic taste at a competitive cost. He said biotechnology enables scalable solutions that are not limited by traditional agriculture and can support cleaner labels, improved nutrition, consistent taste, and reduced environmental impact.Scanlon hig ...
The Kraft Heinz Company (NasdaqGS:KHC) 2026 Earnings Call Presentation
2026-02-19 12:00
Steve Cahillane Chief Executive Officer FORWARD-LOOKING STATEMENTS FEBRUARY 19, 2026 This presentation contains a number of forward-looking statements as defined under U.S. federal securities laws, including, but not limited to, statements, estimates, and projections relating to our business and long-term strategy; our ambitions, goals, targets, and commitments; our activities, efforts, initiatives, plans, and programs, and our investments in such activities, efforts, initiatives, plans, and programs; and p ...
川人的腊味|故乡里的中国
Jing Ji Guan Cha Bao· 2026-02-19 03:17
(原标题:川人的腊味|故乡里的中国) 四川人再穷,过年都有腊肉。 对一个四川人来讲,过年如果没有腊肉和香肠,那是一件几乎不可能的事情,就像刷牙没有牙膏,洗衣 服没有洗衣液。 我认识的每一个四川人,都喜欢吃腊肉和香肠,无论是腊肉炒花菜,还是香肠切片,腊肉炒饭,或者是 腊肉炖萝卜,只要是腊味,都是四川人年夜饭上必不可少的一道菜。 腊肉和香肠,是四川人的年味,是他们童年的记忆,家的温暖,也是心灵深处对故乡的思念。 等待腊肉风干的日子,是孩子们最期盼的时光。总忍不住跑到屋檐下,踮起脚尖闻一闻那诱人的香气, 缠着长辈问:"婆婆,腊肉什么时候能吃呀?"长辈总会笑着摸摸孩子的头:"快了快了,等过年就可以 吃了。"这份等待,充满了甜蜜与期待,让年的脚步,愈发临近。 煪(qiu)腊肉 川菜是唯一能够跟粤菜平起平坐,风靡全球的中国两大菜系之一。 张晓晖/文 春节前后的四川,不必刻意寻觅,只需沿着青石板铺就的老街缓步而行,或是拐进寻常巷陌深处,总能 看见家家户户的屋檐下,悬垂着一串串油润发亮的腊肉、腊排骨、腊香肠。 红褐透亮的肉色,裹挟着松柏、花椒与盐香的醇厚气息,在冬日的暖阳里静静风干,成为刻在四川人骨 子里最浓的年味。 川渝地 ...
Hormel Foods Corporation (HRL) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript
Seeking Alpha· 2026-02-19 02:35
Core Viewpoint - Hormel Foods is a global branded food company focused on protein and consumer understanding, emphasizing strong corporate governance and disciplined capital allocation [1][2] Group 1 - Hormel has raised its dividend for 60 consecutive years, showcasing its commitment to returning value to shareholders [2] - The company is currently navigating a dynamic food environment with a strong portfolio of market-leading brands and a well-positioned foodservice segment [2] - Hormel has an expansive global presence, which supports its competitive positioning in the food industry [2]
Contact The Gross Law Firm by March 24, 2026 Deadline to Join Class Action Against Beyond Meat, Inc. (BYND)
Globenewswire· 2026-02-18 22:15
NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Beyond Meat, Inc. (NASDAQ: BYND). Shareholders who purchased shares of BYND during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/beyond-meat-inc-loss-submission-form-2/?id=183583&from=3 CLASS PERIOD: February ...
Hormel Foods (NYSE:HRL) 2026 Conference Transcript
2026-02-18 22:02
Hormel Foods (NYSE:HRL) 2026 Conference February 18, 2026 04:00 PM ET Company ParticipantsJeffrey M. Ettinger - Interim CEOJohn F. Ghingo - PresidentNone - Video NarratorJohn F. GhingoTenure as CEO from 2006 to 2016 included many CAGNY presentations. He just can't get enough. Please join me in thanking Jeff and everyone at Hormel for this morning's break. Hormel Foods is a global branded food company, centered on protein, built around a deep understanding of the consumer. They are building on an outstanding ...