food

Starbucks Corporation (NASDAQ: SBUX) said Tuesday afternoon in a third-quarter preannouncment that it needs to "move faster to address the more rapidly changing preferences and needs of our customers." The coffee chain lowered its new store growth forecast. The discouraging announcement...

One full year has passed since Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of upscale grocer Whole Foods in a $13.7-billion deal. What Was Said Then Here is a roundup of CNBC's compilation of expert commentary following the acquisition. CNBC's Jim Cramer said Amazon's...

Consumers continue to demand more convenient retail shopping options, and this has a negative impact on confectionery and chocolate companies like Hershey Co (NYSE: HSY), according to Credit Suisse. The Analyst Credit Suisse's Robert Moskow downgraded Hershey from Neutral to Underperform...

Concerning customer feedback trends at Yelp Inc (NYSE: YELP) prompted KeyBanc to drop its bullish stance on the stock. The Analyst KeyBanc Capital Markets' Brad Erickson downgraded Yelp's stock rating from Overweight to Sector Weight with no assigned price target. The Thesis Yelp's...

The dynamics of the entire food packaging business changed after Kellogg Company (NYSE: K) decided to exit its direct store delivery snack network to operate a warehouse model. The distribution method that packaged food companies use is becoming increasingly important to investors, according to...

US Foods Holding Corp (NYSE: USFD)'s various initiatives to improve margins and accelerates growth creates a scenario in which the foodservice distribution company can grow its earnings better than its rivals. The Analyst Morgan Stanley's Vincent Sinisi upgraded US Foods from ...

Deutsche Bank analysts lost their appetite for two food companies Monday, including Twinkies maker Hostess Brands Inc (NASDAQ: TWNK) and major conglomerate Dean Foods Co (NYSE: DF). The Analyst Deutsche Bank's Rob Dickerson downgraded Hostess Brands' stock rating from Buy to Hold...

Hershey Co (NYSE: HSY) remains a "financially strong company" with a focus on returning capital to shareholders, but that's no longer reason enough to be a buyer of the stock, according to Argus. The Analysts Argus analysts John Eade and Erik Kildal-Brandt downgraded Hershey ...

Brinker International, Inc. (NYSE: EAT), the parent company of Chili's and Maggiano's Little Italy restaurant concepts, is trading at an attractive valuation that doesn't reflect its growth prospects, according to RBC. The Analyst RBC Capital Markets' David Palmer upgraded Brinker...

Darden Restaurants, Inc. (NYSE: DRI) reported fiscal third-quarter results in late March in which revenue and same-store sales at its restaurant chains fell short of expectations. The corresponding sell-off in the stock should be seen as a buying opportunity for investors, according to...