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LT Foods plans new rice processing plant
Yahoo Finance· 2025-12-23 12:16
India’s LT Foods is planning to set up a new rice processing facility in its domestic market. In a stock exchange filing, the owner of the Royal and Daawat basmati brands said the new site will be located in Raichur, Karnataka. The plant, with an investment outlay of Rs60m ($670,215), is being designed with an initial annual capacity of 30,000 metric tonnes. It will process regional varieties such as sona masoori, kolam and lachkari rice. Commercial operations at the site are scheduled to begin in Feb ...
Wing Yip Food Holdings Group Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-12-22 22:54
Core Viewpoint - Wing Yip Food Holdings Group Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement for continued listing on the Nasdaq [1][2]. Group 1: Compliance Notification - The Company was notified on December 22, 2025, that it does not meet the minimum bid price requirement of US$1.00 per share as per Nasdaq Listing Rule 5550(a)(2) [1][2]. - The deficiency was identified based on the closing bid price of the Company's American Depositary Shares (ADSs) for 30 consecutive business days from November 7, 2025, to December 19, 2025 [2]. Group 2: Compliance Timeline and Options - The Company has been granted 180 calendar days, until June 22, 2026, to regain compliance with the minimum bid price requirement [3]. - To regain compliance, the Company's ADSs must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days [3]. - The Company may consider options such as a reverse share split to meet the compliance requirement [4]. Group 3: Business Operations - The receipt of the Notification Letter does not impact the Company's business operations [4]. - Wing Yip Food Holdings Group Limited is a meat product processing company in mainland China, selling products under its flagship brand "Wing Yip" and other brands [5]. - The Company operates in over 18 provinces in mainland China, focusing on product development and quality improvement [5].
These Analysts Cut Their Forecasts On Conagra Brands After Q2 Results
Benzinga· 2025-12-22 17:40
Conagra Brands Inc (NYSE:CAG) reported mixed results for the second quarter on Friday.The company reported quarterly earnings of 45 cents per share which beat the analyst consensus estimate of 44 cents per share. The company reported quarterly sales of $2.979 billion which missed the analyst consensus estimate of $2.986 billion.Sean Connolly, president and chief executive officer of Conagra Brands, said, “While we continued to navigate a challenging consumer environment in the second quarter, I am pleased w ...
南方黑芝麻糊被建议“改名米糊”!黑芝麻仅排配料表第四位……
Guo Ji Jin Rong Bao· 2025-12-22 13:14
"配料成分第一位居然不是黑芝麻,那还能叫黑芝麻糊吗?" 近期,国民品牌南方黑芝麻因配料表排序问题引发热议,一句"灵魂拷问"道出了无数消费者的困惑。 黑芝麻排配料表第四位 近日,一名网友晒出其购买的核桃黑芝麻糊包装照片,认为配料表的排序与产品名称不符。 该配料表中,首位并非"黑芝麻",而是包含大米、小麦、玉米等在内的谷物粗粮粉,食用葡萄糖和麦芽糊精紧随其后,作为产品名称核心元素的黑芝麻 仅位列第四位。 这名网友认为,配料表的排序与产品名称不符。 图片来源:社交平台 亏损下的业绩承诺延期 作为老牌国货食品企业,黑芝麻近些年受市场环境变化、战略摇摆等因素影响,已陷入业绩连降困境。 2021年—2024年,公司营收分别为40.25亿元、30.16亿元、26.77亿元、24.65亿元,四年间营收规模缩水近四成;盈利能力同样堪忧,同期归母净利润分 别为-1.09亿元、-1.4亿元、0.43亿元、0.78亿元,虽在波动回升,但四年累计仍亏损1.28亿元。 这一发现迅速引发关注,网友纷纷调侃"买的是黑芝麻糊,实际喝的是加糖米糊",甚至建议产品直接改名为"南方米糊"。 随着舆论发酵,12月20日,南方黑芝麻旗舰店工作人员回应媒 ...
Lamb Weston Holdings, Inc. (NYSE:LW) Surpasses Earnings Expectations
Financial Modeling Prep· 2025-12-19 23:00
Core Insights - Lamb Weston Holdings, Inc. reported fiscal second-quarter earnings per share of $0.69, exceeding the Zacks Consensus Estimate of $0.67, despite a 5% decline in earnings year-over-year [1][6] - The company's revenue for the quarter reached approximately $1.62 billion, surpassing the estimated $1.59 billion, driven by an 8% increase in sales volume [2][6] - The stock experienced a significant decline of 25%, dropping to $44.70, following the earnings report due to negative market reaction to the company's full-year guidance [4][6] Financial Performance - Revenue growth was attributed to customer wins and market share gains, although the price/mix fell by 8% due to pricing and trade support challenges [2] - In North America, Lamb Weston saw an increase in EBITDA due to higher volumes and cost savings, while the International segment faced a decline in EBITDA due to increased costs [3] - The company has a price-to-earnings (P/E) ratio of approximately 15.95 and a price-to-sales ratio of about 0.97, indicating a favorable valuation relative to sales [5] Market Reaction - The market reacted negatively to the company's full-year guidance, projecting flat revenue and an 11% decrease in adjusted EBITDA at the midpoint, despite strong second-quarter performance [4] - The decline in stock price reflects investor concerns over future profitability and market conditions [4]
Stock Market Today: Nasdaq Jumps 1.3% On Final Triple Witching of 2025
Yahoo Finance· 2025-12-19 19:03
Market Overview - The Nasdaq closed up by 1.31%, driven by a strong performance in the tech sector, while the S&P 500 and Russell 2000 also saw gains of 0.89% and 0.84% respectively. The Dow lagged with a modest increase of 0.34% [2] - During the midday session, 56.1% of U.S. stocks were advancing, indicating a positive market sentiment, with the Nasdaq, S&P 500, and Russell 2000 all vying for a close near 1% gains [3] Top Performers - Intuitive Machines surged by 33.6% after KeyBanc initiated coverage with a $20 price target, indicating strong investor interest in the space industry [4] - Amicus Therapeutics rose by 30.5% following the announcement of its acquisition by BioMarin in a $4.8 billion deal, highlighting significant M&A activity in the biotech sector [5] - CoreWeave increased by 21.5%, benefiting from a rebound in AI-related stocks and engagement with the Department of Energy on research efforts [5] Underperformers - Lamb Weston experienced a significant decline of 24.1% after reporting profit pressures in its latest quarterly results, reflecting challenges in the food sector [5] - BlackBerry fell by 13.2% following disappointing earnings, indicating ongoing struggles in the tech and software market [6] - Nike's stock dropped by 10.4% as investors reacted to the company's difficulties in the Chinese market, showcasing the impact of international market dynamics on performance [6] Sector Focus - The S&P 500's performance was notably influenced by AI-related stocks, with Oracle, Sandisk, Micron, and Advanced Micro Devices among the top performers, reflecting the growing importance of AI in the market [7]
Wall Street recovers from losses earlier in the week, as AI stocks climb
Fastcompany· 2025-12-19 18:41
Nike slumped 9.6%, as the impact from tariffs overshadowed an otherwise strong quarterly profit report. Frozen potato maker Lamb Weston fell 19.8%, despite also beating Wall Street's profit and revenue forecasts. Stocks rose in morning trading on Wall Street Friday and further trimmed losses from earlier in the week for several major indexes. The S&P 500 jumped 0.8%, adding to gains made on Thursday. The Dow Jones Industrial Average rose 283 points, or 0.6%, as of 10:05 a.m. Eastern. The Nasdaq jumped 1% an ...
Lamb Weston's Q2 Earnings Beat Estimates, Sales Rise Y/Y
ZACKS· 2025-12-19 17:21
Key Takeaways LW posted Q2 EPS of 69 cents and sales of $1.62B, topping consensus estimates despite lower Y/Y earnings.Volume rose 8% on customer wins and share gains, while price/mix fell 8% amid pricing and trade support.North America EBITDA rose on higher volumes and cost savings, while International EBITDA fell on higher costs.Lamb Weston Holdings, Inc. ((LW) reported solid second-quarter fiscal 2026 results, wherein both top and bottom lines beat the Zacks Consensus Estimate. While net sales increased, ...
Conagra's Q2 Earnings Top Estimates, Organic Sales Decline 3%
ZACKS· 2025-12-19 17:16
Key Takeaways CAG posted Q2 adjusted EPS of 45 cents, topping estimates, while net sales fell 6.8% year over year. Conagra's organic net sales dropped 3% as volumes fell 3%, with a 100 bps headwind from retailer timing.CAG reiterated FY26 outlook, guiding organic sales between -1% and 1% and adjusted EPS of $1.70-$1.85.Conagra Brands, Inc. (CAG) reported second-quarter fiscal 2026 results, wherein both earnings and sales declined year over year. Results reflected a challenging consumer environment, lower vo ...
Why Lamb Weston Stock Is Plummeting Today
Yahoo Finance· 2025-12-19 16:38
Key Points Sales volume increased for Lamb Weston, but a lower pricing mix offset this gain. Meanwhile, profitability remains weak as the company ramps up production at its new facilities. Ultimately, guidance was disappointing, so Lamb Weston may be deserving of its discounted valuation for the time being. 10 stocks we like better than Lamb Weston › Shares of leading frozen potato supplier Lamb Weston (NYSE: LW) plummeted 22% as of 11 a.m. ET on Friday after the French fry juggernaut provided u ...