New Products, Sustainability Initiatives, and Financial Results - Research Report on GMCR, Kellogg, Flower Foods, Hillshire Brands, and Campbell
NEW YORK, August 21, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), Kellogg Company (NYSE: K), Flowers Foods, Inc. (NYSE: FLO), Hillshire Brands Co. (NYSE: HSH), and Campbell Soup Company (NYSE: CPB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Green Mountain Coffee Roasters Inc. Research Report
On August 9, 2013, Green Mountain Coffee Roasters Inc. (GMCR) announced that Green Mountain Coffee, one of the Company's brands, is introducing Pumpkin Spice Latte particularly for the Keurig Vue brewing system. The Company stated that pumpkin enthusiasts can now brew rich, creamy, Pumpkin spice at the touch of a button in their own homes. Along with the launch of this new Pumpkin Spice Latte, GMCR also announced the return of Pumpkin Spice limited edition seasonal flavored coffee bags, K-Cup and Vue packs online and in stores nationwide. GMCR informed that Pumpkin Spice Latte Vue packs are available in retail stores and online for MSRP $11.99/16-ct box of Vue packs, while Pumpkin Spice ground coffee is available online and at grocery stores for MSRP $9.49/10 oz. bag. Pumpkin Spice K-cup packs are available at grocery stores for MSRP $8.49/12-ct box of K-cup packs. The Full Research Report on Green Mountain Coffee Roasters 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/c00d_GMCR]
Kellogg Company Research Report
On August 8, 2013, Kellogg Company (Kellogg) announced that on June 25, 2013, it awarded a number of growers who participated in the Rice Master Growing program, as part of the 104th Annual LSU Rice Field Day, held in Crowley, Louisiana. Kellogg awarded the growers with Platinum, Gold, Silver or Bronze certification based on improvements in their growing practices. According to Kellogg, the Rice Master Growing program is a voluntary program designed to help growers adopt good agronomic practices, encourage sustainable methods, and understand the link between sustainability and profitability. The Company stated that the program, which was introduced in 2012, is a joint effort of Kellogg, the Louisiana Rice Mill, and Louisiana State University (LSU) AgCenter, which runs the program. 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]
Flowers Foods, Inc. Research Report
On August 13, 2013, Flowers Foods, Inc. (Flowers Foods) reported its Q2 FY 2013 (period ended July 13, 2013) financial results with sales increasing 31.8% YoY to $898.2 million. Net income was $46.5 million, or $0.22 per diluted share, in Q2 FY 2013, compared to net income of $28.4 million, or $0.14 per diluted share, in Q2 FY 2012. Adjusted net income per diluted common share stood at $0.24 compared to $0.14 in Q2 FY 2012. Commenting on the results, Flower Foods President and CEO Allen Shiver, said, "Margins improved due to higher volume and capacity utilization. It is gratifying that our long-term investments in our bakeries, distribution systems, and our team positioned us to take advantage of growth opportunities available in the marketplace." For FY 2013, the Company expects sales of $3,793 million to $3,824 million, an increase of 24.5% to 25.5% YoY. The Company also expects adjusted EPS to be in the range of $0.92 to $0.98 for FY 2013 compared to FY 2012 adjusted EPS of $0.69.The Full Research Report on Flowers 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/f82c_FLO]
Hillshire Brands Co. Research Report
On August 8, 2013, The Hillshire Brands Company (Hillshire Brands) reported its Q4 FY2013 and FY 2013 (period ended June 29, 2013) financial results. Net sales from continuing operations declined 2.1% YoY to $962 million in Q4 FY 2013. For full year FY 2013, net sales declined 1% YoY to $3.9 billion. Net income attributable to Hillshire Brands was $41 million, or $0.33 per diluted share, in Q4 FY 2013, compared to $599 million, or $5.02 per diluted share, in Q4 FY2012. Net income attributable to Hillshire Brands was $252 million, or $2.04 per diluted share, in FY 2013, compared to $845 million, or $7.13 per diluted share, in FY 2012. Sean Connolly, President and CEO of Hillshire Brands, said, "Our strategy of strengthening our core brands through increased MAP and innovation worked well as our strong businesses became stronger and we made progress on our challenged businesses. We also achieved our fiscal 2013 savings targets and identified additional efficiency initiatives." The Full Research Report on Hillshire Brands 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/9521_HSH]
Campbell Soup Company Research Report
On August 12, 2013, Campbell Soup Company (Campbell) announced that it is currently going through final and exclusive negotiations for the potential sale of its business in Europe to CVC Capital Partners (CVC). The Company stated that it will conduct an information and consultation process with its European and local works councils in relation to the proposed transaction, in accordance with applicable laws. Campbell has the option to cause the parties to execute a binding share purchase agreement at the end of the consultation process. Campbell expects the transaction to be completed in Q1 FY 2014, subject to clearance by relevant European competition law authorities. The Company stated that in FY 2012, the Campbell business included in the proposed transaction recognized annual net sales of approximately $530 million. The Full Research Report on Campbell Soup 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/1d9e_CPB]
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