Wed, Mar. 25, 10:09 AM
- There's more food stocks getting a push from speculation stirred up by the Heinz-Kraft merger.
- Lifeway Foods (LWAY +1.3%), Sanderson Farms (SAFM +1.1%), Cal-Maine Foods (CALM +3.9%), Post Holdings (POST +2%), Pilgrim's Pride (PPC +0.7%), J&J Snack Foods (JJSF +0.9%), and Treehouse Foods (THS +1.1%) are all ahead of major indexes.
- The food stock buying spree has been enough to lift the S&P Consumer Staples ETF (NYSEARCA:XLP) +0.8% on a down market day.
- More action with food stocks: 1) Food sector on watch after mega-merger announced, 2) M&A food bets being laid out after Heinz-Kraft merger.
Tue, Jan. 27, 12:40 PM
Jan. 24, 2012, 10:40 AMJ&J Snack Foods (JJSF -8%) takes a hit after its FQ1 largely disappointed on a net basis, as the cost of goods sold for the quarter jumped over 15% Y/Y. Gerald Shreiber, J & J's President and CEO, commented, "Although our overall sales grew modestly, higher input costs and operating expenses impacted our profitability for the period and the six months." | Comment!
Jan. 23, 2012, 4:14 PM
JJSF vs. ETF Alternatives
J&J Snack Foods Corp manufactures nutritional snack foods and distributes frozen beverages which are marketed nationally to the food service and retail supermarket industries. It's brand names include SUPERPRETZEL, BAVARIAN BAKERY, LUIGI'S & WHOLE FRUIT.
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