Meat Products

(TSN) Tyson Foods Focuses on Innovation

The global meat processor, Tyson Foods Inc. (TSN) has announced that they will focus on innovation as an important part of their growth strategy and they have an aggressive product launch scheduled ahead in fiscal 2013.

Management...

22Jun2013 | | Comments Off on (TSN) Tyson Foods Focuses on Innovation | Continued

(SFD) Smithfield Foods Touches 52-Week High

Shares of Smithfield Foods Inc (SFD) reached a 52-week high of $27.33 on Mar 25 and eventually closed at $26.85. Shares of this meat producer have been riding high since it reported solid third quarter fiscal 2013 results, recording...

18Apr2013 | | Comments Off on (SFD) Smithfield Foods Touches 52-Week High | Continued

(TSN) Tyson Foods Settles Clean Air Charges

Meat processing giant Tyson Foods Inc. (TSN) has finally reached a settlement with the Environmental Protection Agency (‘EPA’) by agreeing to pay $4 million to the latter. The environmental safety watchdog EPA had alleged that...

18Apr2013 | | Comments Off on (TSN) Tyson Foods Settles Clean Air Charges | Continued

(SFD) Smithfield Foods Expands Meat Business

In order to help grow its packaged meats business, the pork producer Smithfield Foods, Inc. (SFD) has agreed to form a 50:50 joint venture and has signed a letter of intent with Kansas City Sausage Co. and its sister company Pine Ridge...

25Feb2013 | | Comments Off on (SFD) Smithfield Foods Expands Meat Business | Continued

(SFD) Hillshire Brands Upped to Strong Buy

On January 9, 2013, Zacks Investment Research upgraded Hillshire Brands Company (HSH) to a Zacks Rank #1 (Strong Buy), on the back of a strong performance in the first quarter 2013.

Why the Upgrade?

Hillshire...

15Jan2013 | | Comments Off on (SFD) Hillshire Brands Upped to Strong Buy | Continued

(SFD) Smithfield Food – Bull of the Day

Smithfield Food (SFD) has delivered strong second quarter 2012 earnings of $0.76 per share, surpassing the Zacks Consensus Estimate by $0.07. The result was driven by strong fresh pork earnings and robust exports despite higher raw...

21Dec2011 | | 0 comments | Continued

(SFD) Smithfield Foods – Bull of the Day

Smithfield Foods (SFD) has delivered strong second quarter 2012 earnings of $0.76 per share, surpassing the Zacks Consensus Estimate by $0.07. The result was driven by strong fresh pork earnings and robust exports despite higher raw...

20Dec2011 | | 0 comments | Continued

(HRL) Snack-On: Hormel in the Menu

According to New York Times- Americans eat 31% more packaged food than fresh food and they consume more packaged food per person than their counterparts in nearly all other countries. A sizable part of the American diet is ready-to-eat meals, like frozen pizzas and microwave dinners and sweet or salty...

30Nov2011 | | 0 comments | Continued

(TSN) Tyson Foods Settles Wage Dispute with Workers

Tyson Foods Inc. (TSN), the world’s leading producer, distributor, and marketer of chicken, beef, pork, and prepared food products, has decided to give up $32 million in order to settle a wage dispute with workers who claimed that...

21Sep2011 | | 0 comments | Continued

(SFD) Smithfield to Explore Packaged Meat

Following the pull out from the acquisition deal of Spain’s Campofrio Food Group SA in June, Smithfield Foods Inc. (SFD) is now looking for potential opportunities in packaged-meats such as in smoked ham, bacon and frozen meatballs...

28Jun2011 | | 0 comments | Continued

(HRL) Hormel Foods Corporation – Bull of the Day

We upgrade our recommendation on Hormel Foods (HRL) from Neutral to Outperform based on the expectations of an increase in market demand and food prices in future.

Hence, the first quarter and fiscal 2011 Zacks estimate went...

27Dec2010 | | 0 comments | Continued

(HRL) Hormel Foods Corporation Raises Earnings Guidance

Hormel Foods Corporation (HRL) posted strong results for the second quarter of fiscal 2010 with an EPS of 67 cents, up from 59 cents in the year-ago quarter. Reported EPS surpassed the Zacks Consensus Estimate by 6 cents.

Net...

24May2010 | | 0 comments | Continued

(HOGS) Zhongpin Incorporated – Revenue Grows 32.8%

Zhongpin Inc. (HOGS) recently reported first quarter results and grew revenue by 32.8% even as hog and pork prices fell 10%.

Zhongpin is a Chinese meat and food processing company specializing in pork and pork products, vegetables...

17May2010 | | 0 comments | Continued

(TSN) Tyson Foods Incorporated – Bull of the Day

Tyson Foods Inc. (TSN) reported better-than-expected first-quarter 2010 results. The company earned $0.42 per share (excluding special items), beating the Zacks Consensus estimate by $0.08.

The strong performance in the quarter...

6May2010 | | 0 comments | Continued

(HRL) Hormel Foods Announces Plant Closure

Hormel Foods Corporation (HRL) has announced the closure of its Turlock, California plant by October 29, 2010. The plant produces VALLEY FRESH canned meats. The closure is expected to costs 5 cents per share, which will be included...

21Apr2010 | | 0 comments | Continued

(TSN) Don’t Be Chicken to Buy Tyson

When I begin to search for new stocks I always begin the same way using Barchart to run a list of the stocks having recent price appreciation and then sorting for the stocks that have had the most frequent price appreciations in the last 20 trading sessions....

16Feb2010 | | 0 comments | Continued

(TSN) Tyson Foods Beats Consensus Estimates

Tyson Foods Inc. (TSN) reported results for the first quarter of fiscal 2010 with earnings of 42 cents per share.  Earnings were well above the Zacks Consensus Estimate of 18 cents, and were up compared to a net loss of 27 cents per...

5Feb2010 | | 0 comments | Continued

(HRL) Hormel Foods Corporation Coverage Initiated at Neutral

We have recently initiated coverage on Hormel Foods Corporation (HRL), a leading manufacturer and marketer of various meat and food products, as Neutral.

Hormel has strengthened its position through acquisitions, which is expected...

21Jan2010 | | 0 comments | Continued

(HRL) Hormel Foods Acquires Country Crock From Unilever

Hormel Foods Corporation (HRL) has entered into a definitive agreement to acquire the Country Crock chilled side dish line from Unilever United States Inc., of Englewood Cliffs, N.J. The transaction is expected to close by February...

19Jan2010 | | 0 comments | Continued

(HOGS) Zhongpin Incorporated – Government Subsidies to Aide Expansion

Zhongpin Inc. (HOGS) has been expanding its operations in China by building a new pork plant in Tianjin and a new food oil plant in Changge in the Henan province.

The pork producer has received cash subsidies from the Chinese...

28Dec2009 | | 0 comments | Continued

(BCPC) Belchem Corporation – Earnings Per Share Up 44%

Balchem Corp (BCPC) shares continue to set new 52-week highs as estimates climb. Analysts are projecting double-digit growth for the next 2 years.

Company Description

Balchem operates in...

16Dec2009 | | 0 comments | Continued

(HRL) Hormel Foods Corporation – Annual Dividend was Raised 10.5%

Hormel Foods Corporation (HRL), the manufacturer of food and meat products including SPAM, Hormel and Dinty Moore brands, recently raised its dividend for the 44th straight year. The company has been paying a dividend, without interruption,...

30Nov2009 | | 0 comments | Continued

(HRL) Hormel Foods Corporation Earnings Rise 54%

Yesterday, Hormel Foods Corp. (HRL) reported heartening performance for the fourth quarter and fiscal year 2009.

During the fourth quarter of 2009, the company reported EPS of 77 cents, up 54% from 50 cents per share in the...

25Nov2009 | | 0 comments | Continued

(TSN) Tyson Foods’ Earnings Top Expectations

Tyson Foods Inc. (TSN) reported a net loss of $1.22 per share for the fourth quarter of fiscal 2009. This includes a goodwill impairment charge of $1.50 per share in its Beef segment.

Excluding the one-time charge, quarterly...

23Nov2009 | | 0 comments | Continued

(HOGS) Zhongpin Inc. – Trading at a Discount? – ROE of 20%, Almost Double Industry Average

Zhongpin Inc. (HOGS) reported double-digit increases in revenue and earnings in the past quarter as estimates continue to rise.

Company Description

Zhongpin produces and processes pork, vegetables, and fruit products in China. The company...

13Oct2009 | | 0 comments | Continued

(SFD) Smithfield Foods Looses More Than Double the Prior-Year Same Quarter

SmithField Foods Inc. (SFD), producer and marketer of fresh and packaged meat products in the U.S. and internationally, reported results for its first quarter of fiscal 2010 with a net loss of 56 cents per share. The loss was a penny higher than the...

8Sep2009 | | 0 comments | Continued

(HRL) Hormel Foods Corporation Earnings up 50% Quater Over Quarter

Hormel Foods Corporation (HRL), the food and meat products manufacturer which owns well-known consumer brands such as Jennie-O, SPAM, Hormel, and Dinty Moore, on Aug 20 beat the Zacks Consensus Estimate in the third quarter by 9.62% as consumers continue to eat more meals at home.

Earnings...

8Sep2009 | | 0 comments | Continued

(HRL) Hormel Reports Modest Results – 57 Cents which beat consensus of 50 cents

Hormel Foods Corp. (HRL) reported modest earnings for the third quarter with earnings of 57 cents per share, which was above the Zacks Consensus Estimate of 50 cents. Quarterly earnings were up considerably from the 38 cents reported in the prior-year quarter.

Net sales for...

20Aug2009 | | 0 comments | Continued

(SAFM) Sanderson Farms Inc. – Momentum – Zacks Rank Buy

Sanderson Farms Inc. (SAFM) is benefiting from lower costs in its feed supplies, enabling the company to more than triple its second-quarter income from last year. Analysts are bullish, with the next-year estimate projecting 25% earnings growth.

Company...

13Jun2009 | | 0 comments | Continued

(HOGS) Zhongpin Inc. – Value – Zacks Rank Buy

Zhongpin Inc. (HOGS), the China-based meat and food processing company, grew revenue by 41.5% in the first quarter and continued to surprise on estimates despite tough economic conditions. The stock is still cheap, trading at just 5.8x forward earnings.

Zhongpin distributes...

1Jun2009 | | 0 comments | Continued