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Chobani (CHO) files for an IPO on the Nasdaq Global Select Market under the ticker CHO with a placeholder amount of $100M. The company generated revenue of $1.4B in the fiscal year that ended on December 26, 2020 and saw a net loss of $58.7M. For the nine month period that ended on September ...
Delivers net sales of $29.6 million, an impressive 13.5% increase and the eighth consecutive quarter of year-over-year net sales growth Remains confident around ability to manage supply chain, issuing triple the lead time to vendors Successfully completed the acq...
Select names in the packaged food sector are having a rough session after Beyond Meat issued weak guidance yesterday. Notable decliners include Hain Celestial (HAIN -12.5%), TreeHouse Foods (THS -5.7%), Seneca Foods (SENEA -1.2%), Lifeway Foods (LWAY -1.1%), Nomad Foods (NOMD -1.0%), McCormic...
Because the major stock market indexes have been rallying on better-than-expected jobs data and the Fed’s announcement that it will commence tapering its bond-buying based on its confidence in the economic recovery, many large-cap stocks are trading at lofty valuations. But since conce...
A fifth straight weekly drop in jobless claims and the Fed’s confidence in the economy’s ability to handle certain recurring issues have driven the major stock indexes lately. Given this backdrop, we think it could be wise to bet on Lee Enterprises (LEE), Educational Development...
Kahn Brothers’ 13F portfolio value increased from $698M to $710M this quarter. Pfizer, VOXX International, and ViewRay were increased substantially during the quarter. The portfolio continues to be very concentrated with the top five positions accounting for ~44% of the 13F...
Lifeway may be primed for strong business growth, underappreciated by Wall Street in October 2021. A conservative, liquid balance sheet and low valuation could support a long-term stock price advance into 2022-23. Technical trading patterns argue a bottom is approaching, with buye...
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Lifeway Foods® Announces Inclusion in Russell 2000® Index PR Newswire Leading kefir company added as part of 2024 Russell Reconstitution MORTON GROVE, Ill. , July 1, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Comp...
Pure Culture Organics™️ Announces Litigation and General Business Update, New Product Development PR Newswire CHICAGO , June 27, 2024 /PRNewswire/ -- Litigation Update: In a victory for consumers, Pure Culture Organics™ (PCO) tod...
2024-06-23 01:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...