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Five restaurant stocks to explore as customers return to markets
August 27, 2021 06:47 PM PDT| By Team Kalkine MediaHighlights The stock value of BBQ Holdings, Inc. (NASDAQ: GS) jumped 197.16% YTD. The stock value of Fat Brands Inc. (NASDAQ: FAT) soared 96.82% YTD. The consolidated revenue of McDonald's Corporation (NYSE: MCD) jumped 57% YoY in Q2, 2021. .....
Can these 7 agriculture stocks help America toward food self-reliance?
August 24, 2021 10:07 AM PDT| By Sanjeeb BaruahHighlights Mosaic Company (NYSE: MOS) has a P/E ratio of 8.72. The stock gained 39.59% YTD. Nutrien Ltd.’s (NYSE: NTR) dividend yield is 3.1%; the stock rose 25.29% YTD. Archer-Daniels-Midland Co’s (NYSE: ADM) dividend yield is 2.5.....
Four trending food delivery stocks to explore
August 17, 2021 11:31 AM PDT| By Team Kalkine MediaHighlights Just Eat Takeaway.com (Nasdaq: GRUB) revenue in the first six months of 2021 was US$3.05 billion compared to US$2.11 billion in the same period of 2020. Uber Technologies’ (NYSE: UBER) total revenue in Q2 was US$3.9 billion aga.....
Six hot beauty stocks to keep an eye on this fall
August 16, 2021 01:50 PM PDT| By Team Kalkine MediaThe beauty or cosmetic sector includes companies that manufacture and sell products like shampoo, skin, haircare, makeup items, fragrance, etc. In 2020, the US beauty industry was worth US$95.92 billion. It is expected to grow further in the coming.....
7 sports stocks to explore as the Olympic spirit lives on
August 15, 2021 12:21 AM PDT| By Team Kalkine MediaSports stocks have seen some activity this month, majorly due to the Olympic games in Japan. Although there was a looming virus risk, the event concluded with pomp and glory and no untoward incidents. The team USA concluded the event with 39 gold .....
Hungry for more? Check out these four buzzing food stocks
August 12, 2021 11:44 AM PDT| By Team Kalkine MediaHighlights Darling Ingredients’ (NYSE: DAR) net income surged to US$196.6 million in Q2 from US$65.4 million in the year-ago quarter. Kellogg Company’s (NYSE: K) net income rose to US$351 million in Q2 from US$286 million last year......
Zoom like a champ: 4 consumer durable stocks that gave 3-digit returns
August 05, 2021 04:01 PM PDT| By Team Kalkine MediaSummary Mohawk Industries (NYSE: MHK) has a P/E ratio of 13.67. Mohawk stock grew 39.51% year-to-date and 142% in one year. Under Armour (NYSE: UAA) grew 139.78% in one year at the closing price of US$23.81 on Aug 4, 2021. Tapestry, Inc. (NYSE.....
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Why is PepsiCo (NASDAQ: PEP) selling Tropicana, other juice brands?
August 03, 2021 07:18 AM PDT| By Team Kalkine MediaPepsiCo Inc (NASDAQ: PEP) on Tuesday announced plans to sell its juice brands like Tropicana to the French company PAI Partners for US$3.3 billion. The move is part of its plan to shift from high-sugar drinks to health-focused snacks and beverages......
Top travel & hospitality stocks to keep an eye on in August
August 02, 2021 03:04 PM PDT| By Kiran MuraliThe travel and hospitality industry was one of the hardest-hit sectors with the coronavirus outbreak last year. The companies in this industry were severely impacted in 2020 as borders were closed and people mostly stayed at home. However, with incr...
P&G FY’21 result beats estimate; Colgate-Palmolive narrows outlook
July 30, 2021 12:07 PM PDT| By Kiran MuraliSummary P&G’s fiscal year 2021 net sales grew 7 percent while EPS rose 11 percent. Colgate-Palmolive expects 2021 EPS growth at the lower end of its estimate. P&G’s stock rose 3 percent and Colgate-Palmolive’s share f.....
Which are the popular food and beverage stocks on Wall Street?
July 29, 2021 01:26 PM PDT| By Kiran MuraliThe food and beverage industry is one of the major manufacturing sectors in the United States. The industry comprises companies involved in food manufacturing, processing and distribution. The S&P Food & Beverage Select Industry Index measure...
Top e-commerce stocks to consider as online sales boom
July 28, 2021 03:30 PM PDT| By Team Kalkine MediaThe e-commerce businesses have witnessed massive growth since the coronavirus outbreak last year. E-commerce sales scaled new records highs as more people chose to shop online. There are a lot of established e-commerce companies in the market while m...
Trending restaurant stocks: McDonald’s (MCD), Starbucks (SBUX)
July 28, 2021 08:38 AM PDT| By Kiran MuraliSummary Both the restaurant stocks dropped when markets opened for Wednesday’s trading. McDonald’s reported global comparable sales growth of 40.5 percent in the second quarter. Starbucks’ global comparable-store sales rose 7.....
With the wedding season in full gear, here’re five stocks to explore
July 26, 2021 03:42 PM PDT| By Team Kalkine MediaWeddings always have been an extravagant affair. Now with the wedding season in full gear, beauty stocks are once again in focus. What's driving the trends is the overwhelming desire for picturesque weddings and ceremonies and posting photos on soc.....
Boston Beer overestimates demand for Truly brand, stock plunges
July 23, 2021 12:07 PM PDT| By Kiran MuraliSummary The company said it overestimated the growth of the hard seltzer category. Higher operating expense and lower gross margins pulled down Q2 profit. Boston Beer reduced its full-year 2021 forecast for adjusted earnings. The Boston B.....
Crocs, Whirlpool report strong Q2 earnings as retail sector reopens
July 22, 2021 03:21 PM PDT| By Team Kalkine MediaSummary Consumer products are in demand as the retail sector reopens. Crocs, Inc. (NASDAQ: CROX) sold 29.1 million pairs of shoes worldwide in Q2. Its net income jumped 464% year-over-year. Whirlpool Corporation’s (NYSE: WHR) revenu.....
Philip Morris (PM) misses Q2 estimates, cuts full-year outlook
July 20, 2021 11:19 AM PDT| By Kiran MuraliSummary The New York-based cigarette maker’s stock declined 3 percent on Tuesday morning. Philip Morris’s second quarter reported diluted EPS rose 11.2% but was below its expectation. Full-year reported diluted EPS is now projected.....
Why are these food delivery stocks on investors’ radar?
July 15, 2021 11:54 AM PDT| By Team Kalkine MediaSummary DoorDash Inc (NYSE: DASH) reported total revenue of US$1 billion in Q1, 2021. Uber Eats of Uber Technologies, Inc. (NYSE: UBER) reported a 230% sales growth in Q1. Just Eat Takeaway.com (Nasdaq: GRUB) reported total revenue of US$2 bil.....
Why Oatly Group (OTLY) stock hit all-time low on Wednesday?
July 14, 2021 12:57 PM PDT| By Kiran MuraliSummary The plant-based Swedish food company saw its stock decline to an all-time of US$19.62. Short seller Spruce Point questioned Oatly’s accounting and sustainability practices. Oatly’s stock traded in the range of US$19.62 to U.....
PepsiCo (PEP) stock gains, Conagra (CAG) declines on forecast update
July 13, 2021 11:04 AM PDT| By Kiran MuraliSummary PepsiCo expects 6% organic revenue growth and 11% EPS growth in fiscal 2021. Conagra expects the impact of increased inflation in the first half of fiscal 2022. PepsiCo stock is up around 3% year to date, while Conagra Brands stock is .....
