Kraft Heinz trades at $29.09 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 15.9% while the S&P 500 is down 14.1%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. Unfortunately, the sector hasn’t provided much protection lately as it pulled back by 9.7% over the past six months. This drop was worse than the S&P 500’s 2% loss.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kraft Heinz (NASDAQ:KHC) and the best and worst performers in the shelf-stable food industry.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at B&G Foods (NYSE:BGS) and the best and worst performers in the shelf-stable food industry.
Food flavoring company McCormick (NYSE:MKC) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.61 billion. Its non-GAAP profit of $0.60 per share was 6.8% below analysts’ consensus estimates.
The research firm said that the topline growth would be muted, and margins might be pressured broadly in the sector due to changing consumer preferences and high input costs.
(BPT) - Brunch is the ultimate meal that brings people together. It's casual yet special; indulgent but still versatile enough to please all palates. Whether families are celebrating a special occasion, such as Mother's Day, or simply gathering for a weekend meal surrounded by warm weather, hosting a brunch that everyone loves requires thoughtful planning, including offering a variety of options to keep things stress-free.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how McCormick (NYSE:MKC) and the rest of the shelf-stable food stocks fared in Q4.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at shelf-stable food stocks, starting with J. M. Smucker (NYSE:SJM).
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
Palantir Technologies Inc. will join the S&P 100 index, S&P Dow Jones Indices announced Friday, as the data analytics firm continues its remarkable post-election rally.
