42.71 -0.06 (-0.14%)
After hours: 4:29PM EST
|Bid||42.00 x 300|
|Ask||42.81 x 1400|
|Day's range||42.74 - 42.99|
|52-week range||39.19 - 47.23|
|PE ratio (TTM)||29.85|
|Earnings date||5 Feb 2018 - 9 Feb 2018|
|Forward dividend & yield||0.88 (2.05%)|
|1y target est||48.45|
Lower volume and higher input costs might offset the benefits of General Mills' (GIS) cost-saving plans in Q2. However, margins are likely to improve sequentially.
General Mills' (GIS) sales decline is expected to narrow down in Q2, as the company continues to focus more on sales growth, banking on product innovations.
Billions could be wiped off the value of PepsiCo, Mondelez and more if they are prevented from using logos, familiar brand colors and images on packs
This week's edition featured two stock stocks picks: a bullish call on Verizon (VZ) from Hough, and a positive take on Mondelez (MDLZ) from Bill Alpert. Alpert, as many of you know, is known more for his bearish calls, including recent pessimistic takes on Mallinckrodt (MNK) and DaVita (DVA). Here's a snippet from Alpert's article: Last Monday was the first day on the job for Dirk Van de Put, the new CEO of snack-food giant Mondelez International.
Last Monday was the first day on the job for Dirk Van de Put, the new CEO of snack-food giant Mondelez International. At a recent $42, Mondelez shares (MDLZ) go for a more modest multiple of earnings than do those of rivals such as Hershey (HSY) and PepsiCo (PEP). The doubt stems from Mondelez’s weak sales performance since its 2012 spinoff from what is now called Kraft Heinz (KHC), just as U.S. consumers began avoiding the grocery-store snack-foods aisle.
Confectionery maker Mondelez (MDLZ.O), Lidl, Mars and other consumer goods producers have pulled advertising from YouTube after Britain's Times newspaper found the video-sharing site was showing clips of scantily clad children alongside the ads of major brands. Comments from hundreds of paedophiles were posted alongside the videos, which appeared to have been uploaded by the children themselves, according to a Times investigation. The paper said YouTube, owned by Google (GOOGL.O), had allowed sexualised imagery of children to be easily searchable and had not lived up to promises to better monitor and police its services to protect children.
Lidl, Cadbury maker Mondelez , Diageo (LSE: DGE.L - news) and other big companies have pulled advertising from YouTube after the Times newspaper found the video sharing site was showing clips of scantily clad children alongside the ads of major brands. Comments from hundreds of paedophiles were posted alongside the images, which appeared to have been uploaded by the children themselves, according to a Times investigation. The paper said YouTube, a unit of Alphabet (Xetra: ABEA.DE - news) subsidiary Google , had allowed sexualised imagery of children to be easily searchable and not lived up to promises to better monitor and police its services to protect children.
Emerging markets with continue to enhance Mondelez's (MDLZ) prospects at a time when the North American food industry has been witnessing sluggish growth.
Campbell Soup (CPB) is unlikely to beat earnings estimates in first-quarter fiscal 2018. Though the company is on track with its strategies, it is struggling to revive its top-line performance.
Campbell Soup (CPB) has been disappointing investors with its sales and has missed the analysts’ consensus estimates in the past three quarters.
J&J Snack Foods (JJSF) sales improved on strong demand for soft pretzels, churros, handhelds and certain bakery products in Q4.
Most of the analysts providing ratings on Mondelēz (MDLZ) stock continue to have a positive outlook on the prospects of the company.
Mondelēz (MDLZ) posted better-than-expected earnings results on Monday, October 30, 2017. The company’s stock rose 5.4% on October 31 and closed at $41.43.
Consumer staples have never been a particularly glamorous sector, but they’re enjoying a bit of shabby chic cache today. Consumer staples are the third-worst performing sector this year behind energy and telecom (which is barely a sector anymore): The Consumer Staples Select Sector SPDR ETF (XLP) is up about 2.5% since the start of 2017, compared to the S&P 500’s 15% gain. Kellogg said that it earned $1.05 a share on revenue that rose 0.6% year over year to $3.27 billion.
WASHINGTON, Oct (Shenzhen: 000069.SZ - news) 31 (Reuters) - U.S. consumer confidence jumped to a near 17-year high in October, with households upbeat about the labor market and business conditions, which could underpin consumer spending and boost the economy in the final three months of the year. The economy's prospects were further bolstered by other reports on Tuesday showing an acceleration in wage growth in the third quarter and sustained increases in house prices in August. "An optimistic consumer emboldened by a solid economy and an increasingly competitive labor market is likely to continue to spend, reinforcing a virtuous cycle that should be supportive of further growth," said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan.
Mondelez (MDLZ) posted stellar Q3 performance owing to continued strength in Power Brands and upbeat performance in Europe and emerging markets.
The food industry is changing faster than ever before, said outgoing Mondelez CEO Irene Rosenfeld.