SUPERVALU Inc. (SVU) plunged almost 8% on Jan 11, 2017, following the company's disappointing results in the third quarter of fiscal 2017, wherein both the top line and bottom line declined year over year.
Helen of Troy Limited (HELE) has been posting positive earnings surprises for the past five quarters.
Sysco Corporation's (SYY) shares gained 37.3% over the past one year, outperforming the Zacks categorized Food-Miscellaneous/Diversified industry which witnessed an improvement of 9.7% in the same time frame. The rally was driven by Sysco's impressive earnings history and solid growth strategies.
The tobacco industry is currently going through difficult times and Philip Morris International Inc. (PM) is no exception to the trend.
Grocery retailer SUPERVALU Inc. (SVU) has been in troubled waters for the past one year due to tough competitive pressure, deflationary environment in the food industry and soft sales in the retail segment.
Tyson Foods Inc. (TSN) shares have shown a promising gain of 17.3% so far this year, outperforming the Zacks categorized Food-Meat Products industry which has witnessed a meager gain of 1.3% in the same time frame.
Though heightened competition in the pet food business in the near term remains a concern, strong organic sales growth, product innovation and constant efforts to expand through acquisitions are Smucker's (SJM) strong points.
Pinnacle Foods (PF) hit a 52-week high of $53.30 on Dec 23, though it eventually closed at $53.25.
Traditionally, the Consumer Staples sector has always been a safe haven for investors who are apprehensive about a volatile and uncertain market.
Altria Group Inc. has been grappling with increased competition in the vapor category, declining volumes of cigarettes, strict anti-smoking regulations by governments globally and currency headwinds.
Reynolds American Inc. (RAI) performance shows that the company has been trading in the red for a while now.
Cosmetics giant Estee Lauder Companies Inc. (EL) has completed the acquisition of feminine cosmetics brand Too Faced.
On Dec 20, Zacks Investment Research upgraded Pinnacle Foods, Inc. (PF) to a Zacks Rank #2 (Buy), probably driven by the company???s acquisitions and robust estimate revisions.
United Natural Foods Inc. (UNFI) has been enjoying a bullish run so far this year. During this period the stock has jumped 23.9%, compared with the Zacks categorized Food-Miscellaneous/Diversified industry's growth of 7.8%.
Constellation Brands Inc. (STZ) successfully completed the previously announced sale of its Canadian Wine business to Ontario Teachers' Pension Plan.
Consumer products giant Unilever Plc (UL) announced that it will acquire Living Proof Inc., the innovative premium hair care business.
Which of these two key food players -- Sysco Corp. (SYY) and Supervalu, Inc. (SVU) -- presently make for a better investment option in face of the headwinds plaguing the food industry?
Tobacco maker Philip Morris International Inc. (PM) seems to have hit a rough patch at the moment.
General Mills Inc. (GIS) raised its annual dividend by 8%.
Fortune Brands (FBHS) rewarded shareholders yet again, as the company announced a 13% hike in its quarterly dividend.