27% profits every 20 days?
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Stephens analyzed the sales, volume, and pricing trends in the food industry for December, to find monthly trends for the major food categories and manufacturers.
The report is based on market share data from Information Resources Inc., which now also includes data on convenience stores as well as grocery, drug, and mass outlets across the U.S. Food service sales fall outside the purview of the study, according to Stephens.
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Analyst Farha Aslam reviewed four-week market share trends for the following companies:
Hostess Brands
Hostess Brands, Inc. (NASDAQ:TWNK) saw 9-percent year-over-year sales growth in December, helped by a 10-11 percent increase at Bakery Snacks and 4-percent growth in pastry doughnut sales.
Flowers Foods
Total dollar sales of Flowers Foods, Inc. (NYSE:FLO) climbed 2 percent, as a 3-percent increase in fresh bread sales offset declines in bakery snacks and pastry/doughnuts.
Hormel Foods
Hormel Foods Corp (NYSE:HRL)'s total dollar sales were flat to 1 percent higher in December, as breakfast meats sales were 9 percent higher and shelf-stable meat sales ticked 1 percent higher, On the other hand, shelf-stable dinner sales and nut butter sales were down year-over-year.
See also: Mmm, Mmm Mergers: M&A In The Food Sector
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J.M. Smucker
J M Smucker Co (NYSE:SJM)'s total dollar sales flattened in December, with sales of coffee, pet food and nut butter up 1 percent, 9 percent and 4 percent, respectively.
Pinnacle Foods
Total sales for Pinnacle Foods Inc (NYSE:PF) fell 1 percent year-over-year, dragged by a 3-4 percent drop in frozen vegetable sales and a 3-percent decline in frozen dinners. On the other hand, pickles sales rose 1 percent.
B&G Foods
B&G Foods, Inc. (NYSE:BGS) saw a 2-percent drop in total dollar sales, as a 10-percent drop in spices and seasonings and a 16-percent plunge in shelf-stable vegetables were offset to some extent by a 10-percent increase in frozen prepared vegetable sales.
Tyson Foods
Total sales at Tyson Foods, Inc. (NYSE:TSN) were down 2 percent, as frozen/refrigerated processed poultry sales fell 1 percent. The drop was cushioned to some extent by a 4-percent increase in breakfast meat sales and a 9-percent climb in frozen breakfast food sales.
Overweighted Food Stocks
Stephens rates B&G Foods, Hormel Foods, Pinnacle Foods, Tyson Foods and Hostess Brands with an Overweight.
Related Link:
Zacks Analyst: Take A Look At Food Stocks
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.