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Conagra Brands (CAG) Lags Q4 Earnings and Revenue Estimates
ZACKS· 2025-07-10 20:50
Conagra Brands (CAG) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.08%. A quarter ago, it was expected that this company would post earnings of $0.52 per share when it actually produced earnings of $0.51, delivering a surprise of -1.92%.Over the last four quarters, the company ha ...
Conagra Brands (CAG) Q4 Earnings and Revenues Miss Estimates
ZACKS· 2025-07-10 13:40
Conagra Brands (CAG) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.08%. A quarter ago, it was expected that this company would post earnings of $0.52 per share when it actually produced earnings of $0.51, delivering a surprise of -1.92%.Over the last four quarters, the company ha ...
X @Forbes
Forbes· 2025-07-05 21:30
How Crumbl Hacked The TikTok Algorithm (And Our Brains) https://t.co/1FzVT5v7UC https://t.co/1FzVT5v7UC ...
Cronos Grows its International Footprint in Switzerland
Globenewswire· 2025-07-02 12:30
Core Insights - Cronos Group Inc. is expanding its distribution of the PEACE NATURALS medical cannabis brand in Switzerland through a partnership with Dascoli Pharma AG, a Swiss company specializing in medical cannabis supply and distribution [1][2] - The partnership aims to provide high-quality medical cannabis to Swiss patients and aligns with Cronos' mission to offer borderless cannabis products in European medical markets [2] - Cronos will supply PEACE NATURALS-branded cannabis flower to Dascoli for distribution across its established medical network in Switzerland, marking a significant step in Cronos' international growth strategy [2] Company Overview - Cronos Group Inc. is a global cannabinoid company focused on advancing cannabis research, technology, and product development, with a diverse international brand portfolio including Spinach, PEACE NATURALS, and Lord Jones [4] - The company is committed to building disruptive intellectual property and enhancing the consumer experience through its iconic brand portfolio [4] Partner Overview - Dascoli Pharma AG is a Swiss pharmaceutical firm that focuses on medical cannabis manufacturing and distribution across wholesale and retail channels, providing compliant cannabinoid therapies to patients, pharmacies, and clinics [5] - Dascoli is recognized as a leading cannabinoid retailer in Switzerland, offering next-day home delivery services for patients [5] Product Availability - PEACE NATURALS medical cannabis products are now available in multiple countries, including Australia, Canada, Germany, Israel, Malta, Switzerland, and the UK [3]
X @Forbes
Forbes· 2025-07-01 04:10
How Crumbl Hacked The TikTok Algorithm (And Our Brains) https://t.co/34YiAz55wC https://t.co/34YiAz55wC ...
Denny's Covers ALL the Bases with 4 Slams® Under $10
Globenewswire· 2025-06-09 14:00
Spartanburg, SC, June 09, 2025 (GLOBE NEWSWIRE) -- Denny’s is turning up the summer savings with a deal that’s too good to pass up: 4 fan-favorite Slams® for under $10 each*!   Originally created in 1977 as a tribute to a true baseball legend, the breakfast Slams have been part of Denny’s menu for nearly 50 years — and this summer, Denny’s is stepping back up to the plate with unbeatable value. Whether you're feeding the whole crew or grabbing a quick solo bite, Denny’s 4 Slams for Under $10 deal makes it e ...
Kroger Brings Summer Vacation Bliss to the Freezer Aisle with New Summer in a Pint Ice Cream Collection and Giveaway of 92,000 Free Pints
Prnewswire· 2025-06-03 13:05
Core Points - The Kroger Co. has launched a limited-time ice cream and sherbet collection called "Summer in a Pint," featuring four new flavors inspired by summer vacation getaways [2][3] - To celebrate the launch and the summer solstice, Kroger is giving away 92,000 pints of free ice cream on June 20, 2025, which equates to 1,000 pints for each of the 92 days of summer [4][5] Product Details - The "Summer in a Pint" collection includes four flavors: - Italian Style Summer Fizz: A blood orange-flavored sherbet with popping candy clusters [8] - Fireside Nights: Toasted marshmallow-flavored ice cream with s'mores pieces [8] - Sandy Shores: Coconut-flavored ice cream with a sweet and salty pretzel crunch [8] - Poolside Tan Lines: A blend of vanilla bean, chocolate, and coffee ice creams [8] Promotion Details - Customers can obtain a free pint by downloading a limited-time digital coupon available on June 20, 2025, starting at 12pm EST, while supplies last [7] - An additional promotion offers $1 off any purchase of two Kroger Brand ice cream pints, also starting on June 20 and valid through July 4 [7][9]
Campbell Soup(CPB) - 2025 Q3 - Earnings Call Transcript
2025-06-02 13:02
Financial Data and Key Metrics Changes - The third quarter earnings performance exceeded expectations, with reported net sales increasing by 4% driven by the Sovos acquisition and organic net sales growth of 1% [5][29] - Adjusted EBIT increased by 2% year-over-year, resulting in a slight margin decrease due to lower net pricing realization [9][30] - Adjusted EPS was down 3%, with a net positive contribution from the Sovos acquisition [10][30] Business Line Data and Key Metrics Changes - Meals and Beverages division reported organic net sales growth of 6%, driven by volume and mix growth of 7% [13][35] - Snacks business experienced a 5% decline in organic net sales, primarily due to lower volume and mix [20][36] - The overall consumption of Meals and Beverages leadership brands increased by 2%, while Snacks leadership brand consumption declined by 3% [11][13] Market Data and Key Metrics Changes - In-market consumption for Meals and Beverages outpaced category consumption, while Snacks lagged behind due to competitive pressures [7][10] - The consumer environment showed a preference for home-cooked meals, leading to increased demand for Meals and Beverages products [11][62] - The Snacks category faced a 3% decline in in-market consumption, attributed to deteriorating consumer confidence and increased competition [20][72] Company Strategy and Development Direction - The company is focused on near-term in-market execution and mitigating tariff impacts while investing in brand growth and capabilities [8][27] - A growth office has been established to enhance consumer insights, brand activation, and innovation [27] - The company aims to improve efficiency and effectiveness across the organization to facilitate long-term growth [27][41] Management's Comments on Operating Environment and Future Outlook - Management noted that consumers are making more deliberate spending decisions, impacting the Snacks business negatively [6][26] - The company expects adjusted earnings to be at the low end of the guidance range due to slower recovery in the Snacks business [7][39] - There is optimism regarding the sustainability of the at-home cooking trend, which has positively impacted the Meals and Beverages division [60][64] Other Important Information - The company has estimated the net incremental headwind of tariff-related costs to be up to $0.03 to $0.05 per share for fiscal 2025 [39][40] - Capital expenditures for fiscal 2025 are expected to be approximately 4.5% of net sales, reflecting a decrease from prior guidance [41] Q&A Session Summary Question: What is the pressure on the Snacks business? - Management indicated that about two-thirds of the pressure is due to overall category performance and one-third from in-market execution, with a focus on innovation and value [45][47] Question: What are the key factors for fiscal 2026? - Management noted that recovery in the Snacks business is expected to take place in fiscal 2026, with a need for increased marketing support [52][54] Question: How sustainable is the at-home cooking trend? - Management expressed optimism about the sustainability of the at-home cooking trend, supported by the company's diverse portfolio [60][64] Question: What is the impact of tariffs on future guidance? - Management clarified that the estimated tariff impact is being phased in and should not be annualized at this time due to the evolving trade landscape [75][80] Question: What is the growth expectation for Rao's? - Management expects high single-digit growth for Rao's in fiscal 2025, with confidence in the brand's trajectory [83][84]
Earnings Preview: Campbell's (CPB) Q3 Earnings Expected to Decline
ZACKS· 2025-05-26 15:01
Core Viewpoint - Campbell's is anticipated to report a year-over-year decline in earnings despite an increase in revenues, which could significantly influence its stock price depending on the actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for June 2, 2025, with expectations of quarterly earnings at $0.65 per share, reflecting a year-over-year decrease of 13.3%. Revenues are projected to be $2.44 billion, representing a 2.9% increase from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.49% over the last 30 days, indicating a collective reassessment by analysts regarding the company's earnings outlook [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Campbell is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.30%. This suggests a bearish sentiment among analysts regarding the company's earnings prospects [10][11]. Historical Performance - In the last reported quarter, Campbell exceeded the consensus EPS estimate of $0.73 by posting earnings of $0.74, achieving a surprise of +1.37%. Over the past four quarters, the company has consistently beaten consensus EPS estimates [12][13]. Investment Considerations - Despite the potential for an earnings beat, the combination of a negative Earnings ESP and a Zacks Rank of 3 makes it challenging to predict a positive outcome for Campbell's upcoming earnings report. Investors are advised to consider other factors beyond earnings surprises when making investment decisions [11][16].
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].