food

wfm

Whole Foods’ Guidance Cut Takes an Ax to the Stock Price

Whole Foods Market Inc. (NASDAQ: WFM) reported third-quarter 2014 results after markets closed Wednesday evening. For the quarter, the high-ticket grocery store chain posted adjusted diluted earnings per share (EPS) ...
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Merrill Lynch Sees Kroger Multiple Expansion Over Walmart and Target

Making new Buy rating calls at brokerage firms has to be a bit of a challenge when the market is effectively at all-time highs. So, what would make Kroger Co. ...
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Tyson’s Shares Rise on Asset Sale, Outlook

Shares of Tyson Foods Inc. (NYSE: TSN) have bounced around Monday morning as investors try to decide whether the company's earnings and its plans to issue more equity are good ...
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Pollo Loco

Is El Pollo Loco Riding Chipotle’s Wave?

El Pollo Loco Holdings Inc. (NASDAQ: LOCO) had a very strong IPO debut on Friday, rising some 60% to close at $24.03 after selling 7.1 million shares at $15 per ...
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chicks

Tyson’s Plan to Issue New Equity Sinks Stock

Less than 90 minutes after reporting a pretty good quarter and a solid outlook, Tyson Foods Inc. (NYSE: TSN) said that it would sell 24 million shares of its Class ...
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Coca-Cola logo

Americans Stop Drinking Soda

Americans have become more conscious of the effects of what they drink and eat. This is particularly true with soda, a trend that is not good for branded soda companies, ...
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chocolate

The Sweet Life: Chocolate at 3-Year High

Chocolate prices closed just short of $3,200 per metric ton last Friday, after rising to a three-year high of $3,284 on Thursday. The Hershey Co. (NYSE: HSY) announced the week ...
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coffeeshop

Starbucks Introduces Its 2015 Earnings and Sales Outlook

Starbucks Corp. (NASDAQ: SBUX) has announced its third quarter earnings its fiscal 2014. Howard Schultz and friends reported that adjusted earnings were $0.67 per share and revenue grew %11 to ...
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Pollo Loco

El Pollo Loco Sets IPO Terms, Remains Above Original Estimates

El Pollo Loco Holdings has set its formal terms for an initial public offering (IPO). Be advised that these terms can change before the formal IPO, literally up until the ...
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McDonald's

McDonald’s Stock Hit by Soft Earnings, Tainted Meat in Japan Stores

Update: The problems that hit McDonald’s and KFC in China yesterday have reached Starbucks Corp. (NYSE: SBUX) and Burger King Worldwide Inc. (NYSE: BKW) stores in Japan on Tuesday according to ...
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dv1897014

Chinese Meat Scandal at McDonald’s Pushes DJIA Lower

The Dow Jones Industrial Average has traded lower all day since tumbling about 0.7% in mid-morning. The index got a downward push thanks to McDonald’s Corp. (NYSE: MCD) which has ...
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Yum China

McDonald’s and Yum! Halt Purchases From Meat Supplier

Update: The Illinois-based firm, privately held OSI Group Inc., that supplied the questionable meat products to McDonald's Corp. (NYSE: MCD) and KFC restaurants owned by Yum! Brands Inc. (NYSE: YUM) has ...
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Red Bull May Be Hurt by Alcohol Consumption Study

The journal Alcoholism: Clinical & Experimental Research has just published a study that concludes that combining energy drinks with alcohol tends to increase overall desire to drink more, compared to ...
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Stock Split Image

Goldman Sachs Hits the Panic Sell Button on Kellogg and Campbell Soup

Historically, food and the prepared food markets were supposed to be recession proof. Now it turns out that consumer shifts are changing this longstanding rule. Consumers remain value conscious, and ...
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86541796

Why Beef Prices Will Rise Again, Despite Recent Slide

The U.S. Department of Agriculture (USDA) released its monthly World Agricultural Supply and Demand Estimates (WASDE) at noon Friday offering the agency’s latest estimates for U.S. and global crop supply ...
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