food

The bullish case for owning Kraft Heinz Co (NASDAQ: KHC) can be made through expectations of ongoing consolidation within the packaged food industry, according to analysts at Piper Jaffray. The firm's Michael Lavery upgraded Kraft Heinz's stock rating from Neutral to Overweight but with a price...

The secret ingredient to the perfect baked product is love. Just don't put that on a list of ingredients because the U.S. Food and Drug Administration is cracking down on this activity, The Washington Post reported. A bakery in Massachusetts has been ordered by the regulatory body to longer include...

PepsicCo, Inc. (NYSE: PEP) was trading a bit lower Wednesday after investors had enough time to fully digest the company's earnings report, which included a revenue miss but earnings came in ahead of expectations. Investors have "little reason" to be excited about PepsiCo's third...

It didn't take very long for Amazon.com, Inc. (NASDAQ: AMZN) to gain market share in the grocery space after acquiring the organic and natural food grocery chain Whole Foods. Foot traffic from new customers at Whole Foods' stores rose 33 percent in the first week after the tie-up with Amazon closed...

Analysts at Jefferies parted ways with their bullish stance on PepsiCo, Inc. (NYSE: PEP) ahead of the company's fiscal third-quarter earnings report Wednesday. The firm's Kevin Grundy downgrades PepsiCo's stock rating from Buy to Hold with a price target slashed from $133 to $108. The overall non-...

Shares of Tyson Foods, Inc. (NYSE: TSN) gained more than 7 percent on Friday after the company revised its earnings outlook higher. Tyson revised its full year earnings per share guidance from a prior range of $4.95 to $5.05 to a new range of $5.20 to $5.30 per share. Looking forward to the next...

The competitive landscape within the grocery store market continues to mount with Wal-Mart Stores Inc (NYSE: WMT)'s launch of a private label brand for its Jet.com property, the New York Post reported. Jet.com will soon introduce dozens of food and household items, likely as a counter to...

Analysts at Wedbush took a deep dive into the restaurant industry to gain a better understanding of recent trends. During the second quarter, the quick-service restaurant sub-sector realized a 1.6-percent growth rate, fast casual was down by 0.1 percent and casual dining performed the worst and...

Shares of Blue Apron Holdings Inc (NYSE: APRN) gained more than 6 percent on Monday after analysts at Guggenheim initiated coverage of the stock with a Buy rating. The firm's Matt DiFrisco's bullish stance stems from the company's already dominant market share, which can sustain the company for...

Analysts at Morgan Stanley have an appetite for Hostess Brands, Inc. (NASDAQ: TWNK)'s growth story but not so much for the stock. The firm's Matthew Grainger initiated coverage of Hostess Brands' stock with an Equal-Weight rating and $14 price target. Hostess Brands, the maker of the popular snack...