Nov. 18, 2013, 5:30 PM
Nov. 13, 2013, 9:13 AM
- Green Mountain Coffee Roasters (GMCR) slips in early trading after OTR Global notes the company lost K-Cup share.It's not the first time market share has slipped for GMCR and it won't be the last time supporters point out the overall K-Cup market is still growing briskly.
- The company is also reported to have delayed the release of Campbell Soup (CPB) K-Cups under a partnership which has been met with as much derision as optimism from industry watchers.
- GMCR -3.5% premarket.
Nov. 12, 2013, 3:49 PM
- The elevation of gluten as a dietary no-no continues to affect packaged food companies which have to convert products into gluten-free varieties at additional costs.
- Though less than 1% of Americans require a gluten-free diet due to medical reasons, almost a third of consumers make the choice to avoid the wheat additive.
- Related stocks: GIS, K, PEP, CPB, POST, CAG, FLO.
Nov. 12, 2013, 9:59 AM
- Margin worries at Dean Foods (DF -7.6%) is affecting sentiment over a number of other packaged foods companies in early trading.
- Though the company warned specifically on the dairy commodity environment, its drop in guidance on Q4 "challenges" looks a bit broader.
- Underperformers: KRFT -0.7%, SJM -1.0%, HAIN -1.0%, CAG -0.5%, CPB -1.0%, TSN -0.6%.
Nov. 8, 2013, 12:41 PM
- The FDA's increased efforts to restrict trans fats in foods is only causing a minor ripple in the food and restaurant industries.
- Companies such as Campbell Soup (CPB +0.2%), General Mills (GIS -0.1%), and Mondelez International (MDLZ +0.9%) say have already taken measures to remove hydrogenated oils from products under pressure from consumer groups and aren't putting up much of a fight.
- The National Restaurant Association says its members support efforts to promote healthier eating.
Nov. 7, 2013, 10:00 AM
- The FDA says it will propose measures to dramatically limit artificial trans fats from products sold in the U.S.
- Many varieties of packaged foods and frozen foods contain trans fats as well as items commonly sold at restaurants.
- Cutting the fat: Nestle (NSRGY), PepsiCo (PEP), Tyson Foods (TSN), Mondelez International (MDLZ), Unilever (UL), General Mills (GIS), Kraft Foods (KRFT), Kellogg (K), Dean Foods (DF), Campbell Soup (CPB), Hormel (HRL), Hershey (HSY), Pilgrims Pride (PPC),
Nov. 5, 2013, 2:48 PM
Nov. 4, 2013, 9:42 AM
- Kellogg's (K +2.6%) weak quarter doesn't paint a pretty picture for consumer staples companies highly-exposed to West markets, warn analysts.
- The company saw volume down in key categories such as cereal with higher prices not quite offsetting the drop.
- Despite the sluggish trend, Kellogg and its peer group are mainly trading higher after a large round of job cuts from Kellogg which should improve profitability.
- On watch: General Mills (GIS +0.4%), Campbell Soup (CPB +0.4%), ConAgra Foods (CAG -0.1%), Post Holdings (POST -0.5%).
- Related ETFs: XLP, VDC, FXG, RHS, PSL, PSCC, FSTA
Sep. 25, 2013, 4:47 PM
Sep. 23, 2013, 10:05 AM
- Campbell Soup (CPB -0.1%) might be getting the better end of its deal to partner with Green Mountain Coffee Roasters (GMCR -3.3%), according to food analysts.
- Though single-serve soup packs for Keurig machines aren't seen as a difference-maker for Green Mountain, Campbell Soup could see a jolt of buzz for a category that is struggling.
Sep. 19, 2013, 8:21 AM
- Heinz (HNZ) has cut hundreds of jobs and axed 11 senior executives since being bought out by Berkshire Hathaway and 3G Capital.
- Part of the pressure on the company post-takeover is scrapping together the cash to pay out Berkshire's 9% dividend on preferred shares.
- Analysts think the developments at Heinz are of interest to Campbell Soup (CPB) and Mondelez International (MDLZ) where the same tight cost discipline might become a priority.
Sep. 13, 2013, 7:44 AM| Sep. 13, 2013, 7:44 AM | Comment!
Sep. 4, 2013, 1:43 PM
Aug. 30, 2013, 1:48 PM
- "We expect a slowdown in FY14 due to higher comps, less support from truly innovative new products and less likelihood of a weather related tailwind during the soup season," Jefferies' Thilo Wrede says, cutting Q1 and FY14 EPS estimates for Campbell Soup (CPB -0.6%) to $0.90 (from $0.95) and $2.59 (from $2.70) following the company's FQ4 report.
- Wrede also notes that CPB's guidance (adjusted EPS growth of 3-5%) is "below consensus."
- "If you've got support from weather and you've got support from a lot of new innovation ... what's going to be the incremental benefit that you get in FY14 to maintain the growth rate? Why wouldn't it slow down again in U.S. Soup?" Wrede asks on the conference call. "The drivers of demand are really all about improvements in execution ... we're pretty positive about U.S. Soup," CEO Denise Morrison responds.
- Hold rating reiterated, price target cut to $42 from $44.
- More: Earnings, Q4 highlights, CC transcript
Aug. 29, 2013, 8:23 AM| Aug. 29, 2013, 8:23 AM | Comment!
Aug. 29, 2013, 7:04 AM
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