NEW YORK, December 12, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Sysco Corporation (NYSE: SYY), The Hain Celestial Group, Inc. (NASDAQ: HAIN), Casey's General Stores, Inc. (NASDAQ: CASY), United Natural Foods, Inc. (NASDAQ: UNFI), and SUPERVALU Inc. (NYSE: SVU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Sysco Corporation Research Report
On December 9, 2013, Sysco Corporation (Sysco), along with US Foods, announced a merger agreement. Sysco informed that the total enterprise value of the transaction is approximately $8.2 billion, and the merger has been approved by Board of Directors of both companies. The Company stated that the combined entity will continue to be named Sysco with headquarters in Houston, Texas, and will be led by Bill DeLaney, Sysco President and CEO. Sysco said that it will pay approximately $3.5 billion for the equity of US Foods, comprising $3 billion of Sysco common stock and $500 million of cash. Sysco further stated that it will also assume or refinance US Foods' net debt, currently approximately $4.7 billion, resulting in total enterprise value of $8.2 billion. The Company added that after the completion of the transaction, the equity holders of US Foods will own about 13% of Sysco. Bill DeLaney, Sysco's President and CEO, said, "Sysco and US Foods have highly complementary core strengths including a broad product portfolio and passionate food people deeply committed to customer service, quality-assured products and safety. Together we will strive to enhance shareholder value by providing our customers with highly differentiated products and services." The Full Research Report on Sysco Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
The Hain Celestial Group, Inc. Research Report
On December 4, 2013, The Hain Celestial Group, Inc. (Hain Celestial) reported that one of its brands, TERRA®, has partnered with Seed Savers Exchange, a non-profit organization committed to saving and sharing heirloom seeds. The Company stated that TERRA® Vegetable Chips will help to improve awareness for the Seed Savers Exchange mission through a donation to the organization as well as earned media efforts and on pack copy. Hain Celestial added that that it expects the donation to support Seed Savers Exchange's efforts to maintain their collection of heirloom and open-pollinated seeds. Jared Simon, Director of Marketing for Snacks at Hain Celestial, commented, "As modern agriculture begins to dominate our food supply with a focus on crop yield, we want to preserve those artisanal vegetable varietals, with the vibrant colors and intriguing flavors that make our blends so distinctive." The Full Research Report on The Hain Celestial Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Casey's General Stores, Inc. Research Report
On December 9, 2013, Casey's General Stores, Inc. (Casey's) reported its Q2 FY 2014 financial results (period ended October 31, 2013). The Company's total revenue increased 5.5% to c.$2 billion during the quarter. Net income was $41.3 million or $1.06 per diluted share in Q2 FY 2014 compared to $32.9 million or $0.85 per diluted share in Q2 FY 2013. Commenting on the results, Casey's Chairman and CEO Robert J. Myers, said, "For the second quarter, total inside sales were up 15.5%, and total gasoline gallons sold increased 9.8% compared to the same quarter a year ago. The Company is pleased with the growth and customer count lift associated with the various initiatives we have put in place." The Full Research Report on Casey's General Stores, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
United Natural Foods, Inc. Research Report
On December 9, 2013, United Natural Foods, Inc.'s (United Natural Foods) stock declined 0.80%, ending the day at $70.36. Over the previous three trading sessions, shares of United Natural Foods gained 0.98% compared to the Nasdaq Composite which gained 0.76% during the same period. The Full Research Report on United Natural Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
SUPERVALU Inc. Research Report
On December 6, 2013, SUPERVALU Inc. (SUPERVALU) reported that it unveiled new trucks and a fast-fill station at a ceremony which was attended by Virginia Secretary of Commerce and Trade Jim Cheng. The Company stated that it purchased 35 Class 8 Volvo trucks which run on compressed natural gas (CNG). SUPERVALU said that the fleet operates out of SUPERVALU's Mechanicsville, Virginia, distribution center and currently serves approximately 500 grocery stores in Virginia, Maryland, Delaware, West Virginia, Washington, D.C. and North Carolina. The Company added that the Trillium CNGTM, a provider of CNG fueling solutions, has built and will operate a fast-fill CNG station at SUPERVALU's Mechanicsville distribution center. SUPERVALU stated that it expects the conversion to natural gas to reduce the fleet's annual oil consumption by more than 1 million gallons, resulting in 1,300 fewer tons of greenhouse gas emissions. SUPERVALU added that a second Trillium station is under construction at GRTC Transit System. The Full Research Report on SUPERVALU Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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