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Ex-PepsiCo exec who claimed he invented Flamin' Hot Cheetos loses defamation lawsuit against snack giant
New York Post· 2025-05-29 19:00
Core Viewpoint - PepsiCo successfully dismissed a lawsuit from former executive Richard Montanez, who claimed the company defrauded and defamed him regarding the invention of Flamin' Hot Cheetos [1][2]. Group 1: Lawsuit Details - The lawsuit was dismissed by US District Judge John Holcomb, who stated that Montanez did not prove that PepsiCo intentionally failed to tell the "true story" of the creation of Flamin' Hot Cheetos [1]. - The judge ruled that PepsiCo did not defame Montanez by allegedly refusing to assist in a documentary about his life unless it debunked his claims [2]. - The court found that the actual malice standard for defamation was not met, as Montanez described himself as "part of the cultural canon" through his books and a film [4]. Group 2: Background on Richard Montanez - Montanez began his career at Frito-Lay in 1976 as a janitor and eventually became the vice president of multicultural marketing and sales [5]. - He claims to have created Flamin' Hot Cheetos in 1989 by experimenting with seasonings on unflavored Cheetos, drawing inspiration from elote, a Mexican grilled corn dish [6]. - Flamin' Hot Cheetos was introduced by PepsiCo in 1992 and has since become a multibillion-dollar brand [6]. Group 3: Impact on Montanez's Career - Montanez reported a significant loss in speaking engagements, which were previously booked at $10,000 to $50,000 each, following a 2021 article that questioned his role in the creation of Flamin' Hot Cheetos [7]. - Frito-Lay later clarified that its comments were misconstrued and did not doubt Montanez's contributions to new Cheetos products [7]. - Montanez's story has been featured in the 2023 film "Flamin' Hot" directed by Eva Longoria and in two memoirs [8].
Countdown to Campbell (CPB) Q3 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2025-05-28 14:16
Core Insights - Campbell's (CPB) is expected to report quarterly earnings of $0.65 per share, reflecting a decline of 13.3% year over year, while revenues are forecasted to be $2.44 billion, an increase of 2.9% year over year [1] Earnings Estimates and Revisions - Analysts have collectively revised the consensus EPS estimate down by 0.5% over the past 30 days, indicating a reassessment of initial projections [1][2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [2] Key Metrics Forecast - Analysts estimate 'Net Sales- Meals & Beverages' at $1.41 billion, indicating a year-over-year increase of 10.6% [4] - The forecast for 'Net Sales- Snacks' is $1.03 billion, suggesting a year-over-year decline of 5.8% [4] - 'Operating Earnings- Meals & Beverages' are projected to reach $248.40 million, up from $229 million reported in the same quarter last year [4] - 'Operating Earnings- Snacks' are expected to be $137.08 million, down from $167 million reported in the same quarter last year [5] Stock Performance - Over the past month, Campbell shares have declined by 4.7%, contrasting with the Zacks S&P 500 composite's increase of 7.4% [5] - Based on its Zacks Rank 4 (Sell), Campbell is anticipated to underperform the overall market in the upcoming period [5]
Despite Fast-paced Momentum, Oatly Group (OTLY) Is Still a Bargain Stock
ZACKS· 2025-05-28 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1][2] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Oatly Group AB (OTLY) Analysis - Oatly Group AB has shown a price increase of 7.6% over the past four weeks, indicating growing investor interest [4] - The stock has gained 25.5% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - OTLY has a high beta of 1.88, suggesting it moves 88% more than the market in either direction, indicating fast-paced momentum [5] - The stock holds a Momentum Score of A, suggesting it is an opportune time to invest [6] - OTLY has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - The stock is trading at a Price-to-Sales ratio of 0.40, indicating it is relatively undervalued, as investors pay only 40 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides OTLY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [9]
DAVIDsTEA Delivers Strong Turnaround in Fourth Quarter and Full Year Fiscal 2024 Results
Globenewswire· 2025-05-28 11:00
Fiscal 2024 Q4 2024 MONTREAL, May 28, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announced today its fourth quarter and full-year results for the period ended February 1, 2025 ("Fiscal 2024"). "Fiscal 2024 proved to be a positive turnaround year for DAVIDsTEA, marked by incremental sales growth, gross profit improvement and positive cash flow from operations," said Sarah Segal, Chief Executive Officer and Chief Brand O ...
1688商家如何用店雷达监控同行?【竞品分析、1688店铺运营】
Sou Hu Cai Jing· 2025-05-27 10:37
Group 1 - Competitive analysis is crucial for product selection and store optimization on 1688, focusing on three types of competitors: super competitors, recent competitors, and direct competitors [1] - Super competitors are the top 3-5 players in the industry, serving as long-term learning benchmarks [1] - Recent competitors are those with outstanding sales performance in the last 30 days, allowing sellers to quickly capture market changes [1] Group 2 - Direct competitors are products with similar user demographics, pricing, and features, where sellers can identify differentiation advantages and shortcomings [1] - Sellers can monitor competitors' daily sales data, including sales volume, estimated sales revenue, and turnover rates, using tools like store radar [1][2] Group 3 - Analyzing pricing strategies of competitors, including price changes, promotional activities, and pricing tiers based on specifications, is essential for maintaining competitive pricing [6] - Understanding SKU combinations and sales performance of different variants helps optimize inventory and improve sales efficiency [8] Group 4 - Tracking competitors' promotional strategies during holidays and major sales events can provide insights into effective sales tactics [10] - Observing the frequency and timing of new product launches in relation to market trends can help adjust sellers' own launch plans [10] Group 5 - Analyzing customer feedback on competitors' product detail pages, including reviews and ratings, can reveal strengths and weaknesses, guiding product optimization [13] - Utilizing comment analysis and SKU performance data can help identify market demands and improve service offerings [14][18]
Levi & Korsinsky Reminds Krispy Kreme, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 15, 2025 - DNUT
Prnewswire· 2025-05-27 09:45
NEW YORK, May 27, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit. WHAT'S NEXT? If you suffered a loss in Krispy Kreme, Inc. during the relevant time frame, you have until July 15, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may ...
加快融合创新 圈粉年轻一代 国货老品牌富含“老”韵味 怀揣“新”动能
Core Insights - The resurgence of traditional Chinese brands, once considered outdated, is now appealing to younger consumers through innovation and modern marketing strategies [1][2][3] Group 1: Consumer Trends - The 90s generation is the largest group purchasing traditional brands, while the 00s generation shows the fastest growth in orders, with a year-on-year increase of 95% [1] - Young consumers prioritize cost-effectiveness, making it a key factor in their purchasing decisions [2] - The rise of "Guochao" (national trend) reflects a growing recognition and trust in domestic brands among consumers [2] Group 2: Innovation and Product Development - Traditional brands are innovating by incorporating modern elements into their products, such as new flavors and packaging [3][4] - A significant 42.42% of respondents choose traditional brands due to their focus on innovation and research [3] - Collaborations between traditional brands, such as the partnership between Guangming Dairy and Guanshengyuan for the "White Rabbit" ice cream, have successfully attracted younger consumers [4] Group 3: Marketing and Brand Storytelling - Traditional brands are leveraging their historical and cultural significance to create compelling brand narratives that resonate with younger audiences [5] - The use of e-commerce platforms and social media has enabled traditional brands to reach younger consumers effectively, with products selling out rapidly [5] - The engagement on short video platforms has surged, with a 99% increase in video submissions related to traditional brands on Douyin, reaching 4.906 billion views [6]
被加盟商投诉欺诈!挪瓦咖啡:已启动法务流程核实追溯
Nan Fang Du Shi Bao· 2025-05-26 10:45
Core Viewpoint - A franchisee of Nowwa Coffee in Guangdong has accused the company of fraud, claiming that the company promised not to open other stores within a 2-kilometer radius, which was not reflected in the contract [1][12][14]. Franchisee Complaint - The franchisee, Mr. Zeng, invested over 250,000 yuan to open a Nowwa Coffee store, which has since faced competition from two newly opened direct stores within 2 kilometers [2][12]. - Mr. Zeng stated that he was assured by the company's staff that a protection zone of 1-2 kilometers would be maintained, but this was not documented in the contract [2][11]. Company Response - Nowwa Coffee's representative stated that there is no such commitment regarding a 2-kilometer protection zone in their franchise policies or contracts [1][14]. - The company has initiated legal processes to verify the claims and has expressed willingness to resolve issues with franchisees legally and compliantly [1][14][15]. Financial Performance - Despite the franchisee's claims of losses, the company reported that the franchisee's business data showed continuous revenue growth over the past three months, with some months experiencing a growth rate of over 50% [15][14]. Material Pricing Discrepancies - The franchisee also complained about the high prices of materials sold by the company, which were higher than those initially quoted by the recruitment staff [8][9]. - For example, the price of 500g of coffee beans was reported to be 80 yuan, while the recruitment staff had quoted 70 yuan [8][9]. Market Context - As of May 15, 2023, Nowwa Coffee had 1,186 stores across various provinces in China, with significant growth in the coffee shop market, which saw a net increase of 7,304 stores in the past year [17][19]. - The company has received six rounds of financing and reported a nearly 100% growth in GMV in 2023, with plans to expand into Southeast Asian markets [17][19].
安徽省安庆市市场监督管理局食品安全抽检信息通告(2025年第24期)
安庆市市场监督管理局食品安全抽检信息通告(2025年第24期) 安庆市市场监督管理局组织抽检调味品、豆制品、肉制品、乳制品、食糖、食用农产品、蔬菜制品等7类食品67批次样品。根据食品安全国家标准、产品明 示标准和质量要求检验和判定,其中抽样检验项目合格样品64批次,不合格样品3批次。 对抽检中发现的不合格食品,市市场监管局已责成属地市场监管部门立即组织开展核查处置,查清产品流向,采取下架、召回不合格产品等措施控制风险; 对违法违规行为,严格依法处理。属地市场监管部门应及时将核查处置情况向社会公开。调查中发现涉及其他部门职责的,应当将有关信息通报相关职能部 门。 转自:安庆市市场监督管理局网站 一、安庆市迎江区园园干货经营部销售的干辣椒(调味品),二氧化硫残留量不符合食品安全国家标准规定。检验机构为国检测试控股集团(安徽)拓维检 测服务有限公司。 二、桐城市朱一鸣超市管理有限公司销售的、标称庐江县庐州食品有限责任公司生产的笋衣(蔬菜制品),铅(以Pb计)不符合食品安全国家标准规定。检验 机构为国检测试控股集团(安徽)拓维检测服务有限公司。 三、安庆市大观区盛东调味品商行销售的大白芷,二氧化硫残留量不符合食品安全 ...
Mondelez (MDLZ) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-05-23 18:58
Core Viewpoint - Mondelez (MDLZ) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Recent Performance and Projections - For the fiscal year ending December 2025, Mondelez is expected to earn $3.02 per share, reflecting a -10.1% change from the previous year, but the Zacks Consensus Estimate has increased by 4.4% over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Mondelez's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10].