It actually started in my uh first year in the NFL. Uh I started drinking coffee a lot, just being in a lot of meetings. Um and uh I I I really just fell in love with it. You know, it started off f first as like a functional thing and then um I really fell in love with just the taste and and trying to make sure that what I was putting into my body um was good.And so I was trying to get away from drinking all the sugary the um different type of coffees that you could drink. And I was I really had gotten into ...

Core Viewpoint - Kraft Heinz is considering a spinoff of a significant portion of its grocery business due to changing consumer preferences towards healthier, less processed foods, which could create a new entity valued at up to $20 billion [1][7]. Company Strategy - The remaining Kraft Heinz entity would focus on sauces and condiments, including well-known brands like Heinz ketchup and Grey Poupon [2]. - Executives believe that separating the two units could enhance overall market value, potentially exceeding the current $31 billion market cap [3]. Financial Performance - Kraft Heinz has struggled to meet expectations since its 2015 merger, with little sales growth and declining profits, resulting in a stock price drop of over 60%, equating to a loss of approximately $57 billion in market value [11][16]. - The company reported around $28 billion in annual revenue at the time of the merger, but by 2019, it faced rising costs and a $15 billion write-down related to its Kraft and Oscar Mayer brands [8][9]. Market Response - Following news of the potential spinoff, Kraft Heinz shares surged nearly 4%, trading around $27 [2]. - The stock has experienced significant volatility, peaking near $96 in early 2017 and recently opening at $26.90, just above its 52-week low [12]. Strategic Considerations - Kraft Heinz is evaluating various strategic transactions to unlock shareholder value, with discussions ongoing but no final decisions made yet [4][14]. - The company has also been exploring the sale of underperforming brands, including Oscar Mayer and Maxwell House, but these efforts have not yet succeeded [13].

A month has gone by since the last earnings report for Smucker (SJM) . Shares have added about 7.5% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Smucker due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.The J.M. Smucker Q4 Earnings T ...

Tariff Impact - President Trump announced a 50% blanket tariff on Brazil, effective August 1st, impacting coffee-related stocks [1] - Brazil is the largest coffee exporter to the United States, accounting for approximately 22% of US coffee imports in 2024 and averaging around 20% over the past five years [1][3] - TD Cowen estimates a 1.5 to 2 percentage point impact on profitability for Starbucks and Dutch Bros if no mitigation efforts are implemented [4] Mitigation Strategies - Coffee companies are expected to avoid pricing increases to protect traffic in a fragile consumer environment [4] - Companies may seek alternative coffee blends from other markets and explore efficiencies in their vertically integrated manufacturing processes to absorb costs [4][5] Consumer Behavior & Market Trends - Coffee shops offer an "experience" beyond just the coffee itself, contributing to their appeal [7] - Coffee shops are gaining market share, driven by the popularity of iced beverages, with Starbucks seeing over 66% of beverage sales from iced drinks in 2024 and Dutch Bros exceeding 80% [8] - The coffee shop industry's loyalty programs and digital innovations contribute to consumer stickiness and convenience [9] - A generational shift is occurring, with Gen Z preferring to purchase coffee outside the home [10] Stock Performance - Starbucks shares are down approximately 0.5%, while Dutch Bros shares are up approximately 0.25% [11]

Core Viewpoint - Analysts project that Bank of America (BAC) will report quarterly earnings of $0.86 per share, a 3.6% increase year over year, with revenues expected to reach $26.61 billion, up 4.9% from the same quarter last year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 0.8%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Forecast - The 'Efficiency Ratio (FTE basis)' is expected to reach 64.5%, compared to 63.9% in the same quarter last year [5]. - The 'Book value per share of common stock' is projected at $36.85, up from $34.39 a year ago [5]. - 'Total earning assets - Average balance' is forecasted to be $2975.40 billion, compared to $2887.94 billion in the same quarter last year [6]. - 'Total nonperforming loans, leases and foreclosed properties' are expected to be $6.66 billion, up from $5.69 billion a year ago [6]. - The estimated 'Total Non-Performing Loans' is $6.62 billion, compared to $5.47 billion in the same quarter last year [7]. - The 'Tier 1 Capital Ratio' is projected at 13.0%, down from 13.5% a year ago [7]. - The 'Net Interest Income - Fully taxable-equivalent basis' is expected to reach $14.88 billion, compared to $13.86 billion last year [8]. - 'Total Noninterest Income' is projected at $11.80 billion, slightly up from $11.68 billion in the same quarter last year [8]. - 'Investment and brokerage services' are expected to reach $4.73 billion, compared to $4.32 billion a year ago [9]. - The consensus estimate for 'Investment banking fees' stands at $1.34 billion, down from $1.56 billion in the same quarter last year [9]. - 'Total fees and commissions' are expected to be $9.29 billion, compared to $8.97 billion last year [9]. Stock Performance - Shares of Bank of America have increased by 5.3% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4.1% [10].

Core Viewpoint - The Federal Reserve is maintaining a cautious stance regarding interest rate cuts due to concerns over inflationary pressures from tariffs imposed by President Trump, leading to uncertainty in the market [1][5][6]. Federal Reserve Meeting Insights - The minutes from the latest Federal Reserve meeting indicate that most officials are not in a hurry to implement an immediate rate cut, suggesting a wait-and-see approach [2][5]. - A delay in rate cuts could lead to increased volatility in the stock market [2][7]. - Most participants believe that any inflationary impact from tariffs will be temporary or modest, and there is no urgency for rate cuts in the near term [6]. Investment Recommendations - Given the current uncertainty, it is advisable to invest in defensive stocks from the utility and consumer staples sectors, which are considered safe havens [3][11]. - Recommended stocks include: - **Atmos Energy Corporation (ATO)**: Expected earnings growth rate of 6%, Zacks Rank 2, beta of 0.70, and a dividend yield of 2.27% [9]. - **Fortis, Inc. (FTS)**: Expected earnings growth rate of 3.8%, Zacks Rank 2, beta of 0.48, and a dividend yield of 3.81% [13]. - **Colgate-Palmolive Company (CL)**: Expected earnings growth rate of 1.7%, Zacks Rank 2, beta of 0.37, and a dividend yield of 2.27% [15]. - **The Coca-Cola Company (KO)**: Expected earnings growth rate of 3.1%, Zacks Rank 2, beta of 0.45, and a dividend yield of 2.94% [17]. Stock Characteristics - The recommended stocks are characterized by low beta (greater than 0 but less than 1), high dividend yields, and favorable Zacks Ranks, making them attractive in the current market environment [4][11].

President Trump has sent out 22 letters so far this week setting tariff rates for different countries. One of those letters is not like the other. That's the letter that he sent to Brazil, which isn't so much about the economy as it is about politics and the president's own grievances with that country.President Trump complains about the fact that Jaier Balssons, conservative Trump ally, former president of Brazil, is on trial there for an attempted coup back in 2022. Trump calls that a witch hunt. And the ...

Let's get to Kate with the impact on coffee and the fallout for restaurants and coffee prices had finally coming been coming down. Right, Kate. Yeah, that's right, Kelly.So, Brazil is a key import partner for US coffee retailers, accounting for about 22% of US coffee imports last year, about 20% over the last five years. The next largest is Colombia at 17% last year, 19% in the last five. That's according to research from TD Cowan.Now, the two names that have exposure here, Starbucks and Dutch Bros, which T ...

Key Takeaways lululemon's men's line rose 8% in Q1, outpacing women's and driving plans for deeper investment and expansion. LULU launched its first men's footwear line with solid sell-through, eyeing shoes as a long-term growth lever. lululemon faces rising competition from NKE and RL as all three target active, style-driven male consumers.As part of its Power of Three ×2 growth strategy, lululemon athletica inc. (LULU) continues to lean into two major bets, expanding its men’s category and growing its p ...

Key Takeaways BK's Q2 earnings and revenues are projected to grow 14.6% and 5.6% y/y, respectively. Higher fee income and FX trading gains are expected to support BK's top-line results. NII is projected to rise 10.9% on loan growth and higher rates despite elevated expense levels.The Bank of New York Mellon Corporation (BK) is scheduled to report second-quarter 2025 results on July 15, before market open. The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basi ...