Financial Results, Philanthropic Activities, and Launch of New Brands - Research Report on PepsiCo, Mondelez International, Kellogg, ConAgra, and Hershey's
NEW YORK, October 30, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting PepsiCo, Inc. (NYSE: PEP), Mondelez International Inc. (NASDAQ: MDLZ), Kellogg Company (NYSE: K), ConAgra Foods, Inc. (NYSE: CAG,), and The Hershey Co. (NYSE: HSY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PepsiCo, Inc. Research Report
On October 16, 2013, PepsiCo, Inc. (PepsiCo) reported its Q3 FY 2013 financial results (period ended September 7, 2013). During the quarter, the Company's net revenue increased 1.5% YoY to $16.9 billion. Net income attributable to PepsiCo was $1.9 billion or $1.23 per diluted share, compared to $1.9 billion or $1.21 per diluted share in Q3 2012. PepsiCo Chairman and CEO Indra Nooyi said, "PepsiCo has delivered double-digit core constant currency earnings per share growth year to date, despite ongoing macro-economic volatility in many markets. We're able to perform well in these conditions because our brands are strong, our product portfolio is on-trend, and our geographic footprint is broad and diverse. Importantly, we have continued to make marketplace investments to strengthen our foundation for sustainable growth." The Full Research Report on PepsiCo, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d047_PEP]
Mondelez International Inc. Research Report
On October 10, 2013, Mondelez International Inc. (Mondelez) announced that it is sending nine employees from around the world to learn and serve in cocoa-farming communities in Ghana. Mondelez informed that its pilot program, Joy Ambassadors, gathers employees from seven countries to learn directly from cocoa communities about their successes and challenges, while sharing employees' diverse business skills. In addition, Mondelez stated that Joy Ambassadors represent each of the regions where the Company operates, and they offer a wide range of skills, from agronomy and research and development to operations, procurement, marketing, and law. The project is funded by the Company's charitable foundation, Mondelez International Foundation, through a partnership with Voluntary Service Overseas (VSO). According to the Company, the project will be based in one of the more than 200 Ghanaian communities participating in Cocoa Life, Mondelez International's 10-year, $400 million cocoa sustainability commitment. The Full Research Report on Mondelez International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4023_MDLZ]
Kellogg Company Research Report
On October 16, 2013, Kellogg Company (Kellogg) announced that in support of World Food Day, Kellogg and its employees are leading hunger relief efforts globally through the Company's Breakfasts for Better Days initiative. Kellogg stated that under this initiative, the Company is stocking community food banks, supporting community breakfasts and food distribution for hungry families, and helping thousands of school-age children worldwide to get the breakfast they need to succeed. The Company informed that it will also serve food to those in need every time someone shares or "likes" the Company's World Food Day YouTube video, highlighting its commitment to hunger relief. Kellogg stated that consumers can use #feedingbetterdays while sharing the said video on the social media sites. According to Kellogg, for every post using this hashtag between October 1, 2013, and November 16, 2013, the Company will donate one serving of food as part of its Breakfasts for Better Days commitment to provide 1 billion servings of cereal and snacks to children and families in need around the world by the end of 2016. The Full Research Report on Kellogg Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1a31_K]
ConAgra Foods, Inc. Research Report
On October 11, 2013, ConAgra Foods, Inc. (ConAgra) announced that the ConAgra Foods Foundation, the Company's charitable foundation, awarded its 2013 Nourish Our Community Grants to 18 nonprofit organizations nationwide. According to the Company, the 2013 Nourish Our Community Grants program, now in its 20th year, is designed to empower ConAgra Foods employees to recognize and support nonprofits making significant impact in their communities. The Company informed that during the year, the ConAgra Foods Foundation awarded Nourish Our Community Grants ranging from $3,500 to $25,000 and grants totaled $284,000 in 2013. The Full Research Report on ConAgra Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1115_CAG]
The Hershey Co. Research Report
On October 10, 2013, The Hershey Co. (Hershey's) announced that it is launching a new confectionary brand in the US called Lancaster, which will feature a line of caramel soft crèmes and will be available throughout the nation in January 2014. Hershey's said that the introduction of the Lancaster brand marks a significant milestone for the Company, as it is for the first time it has launched a new brand that is not a brand extension or acquisition in the past 30 years. Steve Schiller, Senior Vice President of Sweets and Refreshment at Hershey's, said, "The launch of Lancaster Soft Cremes takes Hershey back to the early days of our founder Milton Hershey and his truly innovative spirit and desire to make great tasting, high-quality products for consumers. The Lancaster brand will delight all consumers looking for a rich and indulgent experience as they savor our new soft cremes that are rooted in our company's deep history." The Full Research Report on The Hershey Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/948b_HSY]
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