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Evercore Lowers Mondelez (MDLZ) Price Target Amid Rising Price Sensitivity
Yahoo Finance· 2025-10-02 06:33
Mondelez International, Inc. (NASDAQ:MDLZ) ranks among the top picks for a retirement portfolio. On September 26, Evercore ISI maintained its Outperform rating on Mondelez International, Inc. (NASDAQ:MDLZ) but lowered its price target from $73 to $72. One of the main reasons for the snack food giant’s slower sales growth, according to the firm, is increasing price elasticity across Europe. Pixabay/Public Domain As a result, Evercore ISI has reduced its projection for third-quarter consolidated organic s ...
PesoRama Announces Grand Opening of Stores #29 and #30
Newsfile· 2025-09-24 19:14
Core Insights - PesoRama Inc. is set to open two new stores in Mexico, expanding its footprint in the dollar store market [1][4] - The new locations are strategically positioned in high-traffic areas to enhance accessibility for consumers [4] Store Details - Store 29 is located in Roma Norte, covering 6,340 square feet, and is expected to open in November 2025 [2] - Store 30 will be situated approximately 1 km from Zócalo in downtown Mexico City, with a size of 6,620 square feet, also targeting a November 2025 opening [3] Company Overview - PesoRama operates under the JOi Dollar Plus brand and has been active since 2019, focusing on high-density, high-traffic locations in Mexico [7] - The company currently has 28 stores, with the upcoming openings bringing the total to 30, offering a variety of merchandise including household goods, pet supplies, and snack items [7]
Here's What Key Metrics Tell Us About Hershey (HSY) Q2 Earnings
ZACKS· 2025-07-30 14:36
Core Insights - Hershey reported $2.61 billion in revenue for the quarter ended June 2025, a year-over-year increase of 26% [1] - The EPS for the same period was $1.21, compared to $1.27 a year ago, indicating a slight decline [1] - The revenue exceeded the Zacks Consensus Estimate of $2.55 billion by 2.62%, while the EPS surprised by 19.8% against the consensus estimate of $1.01 [1] Revenue Performance - North America net sales reached $2.4 billion, surpassing the five-analyst average estimate of $2.32 billion, with a year-over-year change of 28.4% [4] - International net sales were $213.73 million, slightly below the estimated $227.95 million, but still reflecting a 4.4% increase year-over-year [4] - North America Confectionery net sales were $2.09 billion, exceeding the average estimate of $2.02 billion, with a year-over-year change of 32% [4] - North America Salty Snacks net sales were $315.52 million, above the average estimate of $306.06 million, showing an 8.8% year-over-year increase [4] Segment Income - North America Confectionery segment income was $503.93 million, compared to the average estimate of $470.57 million [4] - Unallocated corporate expenses showed a loss of $179.65 million, better than the estimated loss of $220.51 million [4] - North America Salty Snacks segment income was $66.48 million, exceeding the average estimate of $55.67 million [4] Stock Performance - Hershey shares returned +5.9% over the past month, outperforming the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Future of Unilever's Ice Cream Business: A Planned Demerger in 2025
GlobeNewswire News Room· 2025-06-16 11:17
Core Insights - Unilever ranks sixth in global snacks sales and is the leader in the ice cream category, holding 20% of retail value sales worldwide [2] - A demerger of Unilever's ice cream business is planned by the end of the 2025 financial year, which will impact the group's overall earnings figures starting in 2024 [2] Company Profile Overview - The "Unilever Group in Snacks" company profile provides a strategic analysis of the company's performance in the snacks industry, including regional and category shares, brand portfolio, new product developments, market strategies, competitive challenges, and future prospects [3] - The report covers various product categories including Confectionery, Ice Cream, Savoury Snacks, Sweet Biscuits, Snack Bars, and Fruit Snacks, along with market sizes, company shares, brand shares, and distribution data [4] Market Insights - The report aims to provide a detailed understanding of the snacks market, identify growth sectors, and analyze factors driving change [7] - It includes five-year forecasts to assess the predicted development of the market, focusing on competitive positioning and exposure to future growth [7]
Hershey (HSY) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-01 14:36
Core Insights - Hershey reported $2.81 billion in revenue for Q1 2025, a year-over-year decline of 13.8% [1] - The EPS for the same period was $2.09, down from $3.07 a year ago, with a surprise of +7.73% compared to the consensus estimate of $1.94 [1] Revenue Performance - International net sales were $227.48 million, exceeding the average estimate of $224.36 million, but reflecting a year-over-year decline of 15.9% [4] - North America net sales reached $2.58 billion, slightly above the average estimate of $2.57 billion, with a year-over-year decline of 13.6% [4] - North America Confectionery sales were $2.30 billion, matching the average estimate, but down 15% year-over-year [4] - North America Salty Snacks reported $277.80 million, surpassing the average estimate of $272.06 million, showing a year-over-year increase of 1% [4] Segment Income - North America Confectionery segment income was $696.37 million, above the average estimate of $684.23 million [4] - Unallocated corporate expenses showed a loss of $158.84 million, better than the average estimate of -$194.85 million [4] - North America Salty Snacks segment income was $41.85 million, slightly above the average estimate of $41.35 million [4] Stock Performance - Hershey's shares returned +2% over the past month, outperforming the Zacks S&P 500 composite, which declined by -0.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]