food

Conagra Brands Inc. (NYSE:CAG) agreed to sell its Van de Kamp’s and Mrs. Paul’s frozen seafood brands to High Liner Foods for $55 million in cash. The transaction is expected to close by the end of July 2025. The two seafood brands generated roughly $75 million in net sales during...

RBC Capital Markets analyst Nik Modi slashed the price forecast for The Campbell’s Company (NASDAQ:CPB) from $44 to $38 while maintaining a Sector Perform rating. What Happened: The canned soup company reported third-quarter sales of $2.475 billion. It beat the consensus estimate of $2.43...

Canned soup products maker The Campbell's Company (NASDAQ:CPB) shares are trading higher in the premarket on Monday. The company reported third-quarter sales growth of 4% year over year (Y/Y) to $2.475 billion, beating the analyst consensus estimate of...

Hormel Foods Corporation (NYSE:HRL) shares are trading lower on Thursday. The company reported second-quarter adjusted earnings per share of 35 cents, beating the Street view of 34 cents. Quarterly sales of $2.90 billion (+0.4% year over year) missed the analyst consensus estimate of $2.91 billion...

As co-founder of Lobster Boys LLC and a fourth-generation lobsterman, Justin Maderia has seen firsthand how global trade tensions ripple through local economies. With the U.S. seafood market generating over $31 billion annually—and relying on Canada for more than two-thirds of its imports—tariffs...

Kraft Heinz (NASDAQ:KHC) is investing $3 billion to modernize its U.S. factories. According to Reuters, which first broke the news, this is the company’s largest domestic investment in a decade. Kraft Heinz aims to cut costs amid weakening consumer sentiment and lowered financial forecasts....

Performance Food Group Co (NYSE:PFGC) reported third-quarter 2025 revenue growth of 10.5% year-on-year to $15.31 billion, missing the analyst consensus estimate of $15.4 billion. Total case volume grew 10% year over year. The increase in net sales was driven by recent acquisitions, including the...

Aramark (NYSE:ARMK) shares are trading higher on Tuesday after the second-quarter FY25 earnings. The company reported second-quarter FY25 revenue growth of 2% year-on-year to $4.28 billion, missing the analyst consensus estimate of $4.35 billion. FSS United States sales increased 0.4% to $3.1...

Maplebear Inc (NASDAQ:CART) reported first-quarter financial results Thursday after the market close. Shares are moving higher, despite slightly missing analyst estimates. Here’s a rundown of the print. Q1 Revenue: $897 million, versus estimates of $898.02 million Q1 EPS: 37 cents, versus...

Stephens analyst Jim Salera reiterated the Overweight rating on The Cheesecake Factory Incorporated (NASDAQ:CAKE), with a price forecast of $60. On Wednesday, the company reported first-quarter revenues of $927.2 million, up from $891.2 million in the year-ago period. Salera highlighted that the...

Fresh Del Monte Produce Inc (NYSE:FDP) shares are trading lower on Wednesday after the first-quarter full year 2025 earnings. The company reported a first-quarter revenue decline of 0.9% year-on-year to $1.10 billion, missing the analyst consensus estimate of $1.11 billion. The decrease in net...

Yum China Holdings, Inc (NYSE:YUMC) shares are trading lower Wednesday after the first-quarter 2025 earnings. The company reported first-quarter revenue growth of 1% year-on-year to $2.98 billion, missing the analyst consensus estimate of $3.09 billion. In addition: Total system sales rose 2% year...

Goldman Sachs analyst Christine Cho on Wednesday provided a preview of the first quarter for U.S. restaurants. What Happened: U.S. restaurant companies faced a tough start to 2025, with weaker consumer sentiment, weather impacts and tariff uncertainties affecting performance, except for a few like...

DA Davidson analyst Brian Holland on Thursday downgraded the shares of Mondelez International Inc (NASDAQ:MDLZ) from Buy to Neutral and raised the price forecast from $66 to $68. The analyst cited weaker U.S. snack demand, uncertainty in emerging markets, and volatility in cocoa prices as the...

When Chipotle Mexican Grill (NYSE:CMG) reports quarterly results Wednesday, it will have plenty to discuss, including tariffs, a new international expansion plan, and strong year-over-year quarterly visit growth. Here are the analyst earnings estimates ahead of the report and key items to watch....