Darspal S Mann
Mar. 25, 2015, 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.
Jan. 27, 2015, 12:40 PM
Jan. 24, 2012, 10:40 AM
J&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."| Jan. 24, 2012, 10:40 AM
Jan. 23, 2012, 4:14 PMJ & J Snack Foods (JJSF): FQ1 EPS of $0.29 beats by $0.11. Revenue of $172.7M (+11% Y/Y) beats by $3M. Shares -10.1% AH. (PR) | Jan. 23, 2012, 4:14 PM | 2 Comments