Evercore ISI: Raised The Kroger Co. (NYSE:KR) price target to $57 from $54
Evercore ISI: Raised The Kroger Co. (NYSE:KR) price target to $57 from $54。
Evercore ISI: Raised The Kroger Co. (NYSE:KR) price target to $57 from $54 Read Post »
Consumer Staples
UBS upgraded Procter & Gamble (NYSE:PG) to “buy” with a price target of $163
UBS upgraded Procter & Gamble (NYSE:PG) to “buy” with a price target of $163。
UBS upgraded Procter & Gamble (NYSE:PG) to “buy” with a price target of $163 Read Post »
Beyond Meat(NASDAQ:BYND) Q4 2022 reported adjusted loss narrowed to $1.05
Beyond Meat(NASDAQ:BYND) reported its Q4 adjusted loss narrowed to $1.05 per diluted share, Analysts polled by Capital IQ expected a loss of $1.20. Revenue for the quarter ended Dec. 31 was $79.9 million, Analysts polled by Capital IQ expected $75.8 million. The company said it expects full-year 2023 revenue of $375 million to $415 million. Analysts polled by Capital IQ expect $391.4 million.
Beyond Meat(NASDAQ:BYND) Q4 2022 reported adjusted loss narrowed to $1.05 Read Post »
Beyond Meat(NASDAQ:BYND) Q4 2022 net revenues $79.9 million, down 20.6% year-over-year
February 23, 2023 —Beyond Meat, Inc. (NASDAQ: BYND) a leader in plant-based meat, today reported financial results for its fourth quarter and full year ended December 31, 2022. Beyond Meat(NASDAQ:BYND) reported late Thursday that its Q4 adjusted loss narrowed to $1.05 per diluted share,Analysts polled by Capital IQ expected a loss of $1.20. Revenue for the quarter ended Dec. 31 was $79.9 million, Analysts polled by Capital IQ expected $75.8 million. The company said it expects full-year 2023 revenue of $375 million to $415 million. Analysts polled by Capital IQ expect $391.4 million. Fourth Quarter 2022 Financial Highlights Net revenues were $79.9 million, a decrease of 20.6% year-over-year. Gross profit was a loss of $2.9 million, or gross margin of -3.7% of net revenues. Net loss was $66.9 million, or $1.05 per common share. Net loss as a percentage of net revenues was -83.6%. Adjusted EBITDA was a loss of
Beyond Meat(NASDAQ:BYND) Q4 2022 net revenues $79.9 million, down 20.6% year-over-year Read Post »
Coca-Cola (NYSE:KO) Q4 2022 Non-GAAP Earnings Unchanged. Revenue Higher
Coca-Cola (NYSE:KO) reported Q4 non-GAAP earnings Tuesday of $0.45 per diluted share, Analysts polled by Capital IQ expected $0.45. Revenue for the quarter ended Dec. 31 was $10.13 billion, Analysts polled by Capital IQ expected $9.92 billion. The company said it expects non-GAAP earnings for full year 2023 to grow 4% to 5%. Analysts polled by Capital IQ expect $2.56 per share.
Coca-Cola (NYSE:KO) Q4 2022 Non-GAAP Earnings Unchanged. Revenue Higher Read Post »
Coca-Cola (NYSE:KO): 2022 net revenue increased 11% year-over-year to $43 billion
Coca-Cola (NYSE:KO) Releases Fourth Quarter and Full Year 2022 Financial Results: In the fourth quarter of 2022, the company’s net revenue was $10.1 billion, up 7% year-over-year; Earnings per share were $0.47, down 16% year-over-year. For the full year 2022, the company’s net revenue was $43 billion, up 11% year-over-year; Earnings per share were $2.19, down 3% year-over-year. In addition, for the full year 2022, cash flow from operating activities was $11.0 billion, down 13% year-over-year; Free cash flow (non-GAAP) was $9.5 billion, down 15% year-over-year.
Coca-Cola (NYSE:KO): 2022 net revenue increased 11% year-over-year to $43 billion Read Post »
Credit Suisse: Raised its price target on Pepsico, Inc. (NASDAQ:PEP) to $182 from $175
Credit Suisse: Raised its price target on Pepsico, Inc. (NASDAQ:PEP) to $182 from $175.
Credit Suisse: Raised its price target on Pepsico, Inc. (NASDAQ:PEP) to $182 from $175 Read Post »
Bank of America: Lowered Tyson Foods, Inc. (NYSE:TSN) price target to $56 from $62
Bank of America: Lowered its price target on Tyson Foods, Inc. (NYSE:TSN) to $56 from $62, underperforming the market.
Bank of America: Lowered Tyson Foods, Inc. (NYSE:TSN) price target to $56 from $62 Read Post »
Unilever Plc (NYSE:UL) confirms continued price increases in 2023
Global consumer goods giant Unilever Plc (NYSE:UL) expects pricing to continue to rise in 2023, driven by raw material inflation and rising production and logistics costs. In addition to the price increase, Unilever is also continuing to cut its product line, including slashing thousands of items, canceling 50-60 regional brands, and reducing ice cream product options.
Unilever Plc (NYSE:UL) confirms continued price increases in 2023 Read Post »
Pepsico, Inc. (NASDAQ:PEP) CFO said there will be no further price hikes
Pepsico, Inc. (NASDAQ:PEP) CFO said there will be no further price hikes, with most of the year’s price increases already in place.
Pepsico, Inc. (NASDAQ:PEP) CFO said there will be no further price hikes Read Post »
Pepsico, Inc. (NASDAQ: PEP) reported Q4 2022 revenue of $28.00 billion, up 11% year-over-year
Pepsico, Inc. (NASDAQ: PEP) reported Q4 non-GAAP earnings Thursday of $1.67 per diluted share, up from $1.53 a year earlier. Analysts polled by Capital IQ expected $1.65. Revenue for the quarter ended Dec. 31 was $28 billion, up from $25.25 billion a year earlier. Analysts surveyed by Capital IQ expected $26.82 billion. For 2023, the company is expecting core earnings of $7.20 per share. Analysts surveyed by Capital IQ are expecting $7.30. The company said it expects a 6% increase in organic revenue for full-year 2023. Total cash returns to shareholders are expected to be $7.7 billion, including dividends of $6.7 billion and share repurchases of $1 billion. Further, the company raised its annualized dividend to $5.06 per share from $4.60. The increase is effective with the dividend expected to be paid in June.
Pepsico, Inc. (NASDAQ:PEP) expects 2023 core EPS of $7.20 below market estimates
Pepsico, Inc. (NASDAQ: PEP) reported fourth-quarter 2022 net revenue of $28.00 billion, up 11% year-over-year, and $26.88 billion in pro forma, and core earnings per share of $1.67, compared to $1.53 in the year-ago quarter, compared to $1.64 pro forma. The company expects core EPS of $7.20 in 2023 versus $7.26 market estimate.
Pepsico, Inc. (NASDAQ:PEP) expects 2023 core EPS of $7.20 below market estimates Read Post »