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An uptick in U.S. jobless claims this week is a reminder there's still a real risk of permanent job loss that could spike credit defaults and weigh down economic activity. The expiration of the $600 weekly unemployment bonus and the potential for large employers to use COVID-19 uncertain...
Nielsen data on at-home food purchases continues to show strong consumer demand with sales up 8.7% for the four-week tracking period ending July 11 and 11.5% higher for the 12-week period ending on the same date. More news on: General Mills, Inc., Conagra Brands, Inc., Campbell Soup Compan...
LAKE SUCCESS, N.Y. , July 21, 2020 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial" or the "Company"), a leading organic and natural products company with operations in North America , Europe , Asia and the Middle East providing consumers with A H...
Last week, I reminded investors "stocks don't rise or fall in a straight line, so expecting some form of mean reversion is understandable," and this week, we saw high-flying NASDAQ stocks decline and lessor-loved baskets, such as industrial goods, climb. This rotation isn't too surprising,...
Revenue clarity and accelerating growth in the middle of recession suggests top stocks deserve premium valuations, but stocks don't rise or fall in a straight line, so expecting some form of mean reversion is understandable. That said, stocks tend to climb higher and fall further than most...
Every person I have met who has gone vegan says it is the best decision they have ever made. - Lewis Hamilton By February 2020, the plant-based food industry had reached a global phenomenon status . Demand for meat- and dairy-free products has been rising because of concerns related to h...
A recent survey by Piper Sandler indicates a sustainable lift for food-at-home sales of perhaps 15% or more. More news on: General Mills, Inc., B&G Foods, Inc., Campbell Soup Company, Consumer stocks news, Read more ...
A strong earning report from Conagra Brands ( CAG +5.1% ) and continued anxiety over COVID-19 hotspots has sent investors back into food stocks again. More news on: Conagra Brands, Inc., Pilgrim's Pride Corporation, Darling Ingredients Inc., Consumer stocks news, Stocks on the move, ...
The Federal Reserve's financial stress test results increase risk of credit tightening and dividend cuts, and that should make most investors uneasy about buying banks. Fiscal and monetary policy could ease the burden of rising delinquency and default rates resulting from job losses and slower...
On June 6, I warned of growing risk of a 5% pullback because the percentage of stocks trading more than 5% above their 200-day moving average had significantly increased to nearly 40%. A 7% retreat in the SPDR S&P 500 Trust ETF ( SPY ) between June 8 and June 11 has normalized this indic...
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Image source: The Motley Fool. Hain Celestial Group Inc (NASDAQ: HAIN) Q2 2021 Earnings Call Feb 9, 2021 , 8:30 a.m. ET Operator Continue reading For further details see: Hain Celestial Group Inc (HAIN) Q2 2021 Earnings Call Transcript
Hain Celestial Reports Second Quarter Fiscal Year 2021 Financial Results Fourth Consecutive Quarter of Net Sales Growth 376 Basis Point Expansion of Gross Margin $43.1 Million Improvement in Operating Cash Flow Gross Margin Improvement and Adjusted EBITDA Growth Expe...
Celestial Seasonings Tea Announces New Products, Packaging and Advertising Campaign Innovations in Green and Black Tea Business to Build on 74% Incremental Growth; Expansion in TeaWell Product Line Includes Proprietary Blends That Promote Energy, Better Sleep and Gut Health ...