NEW YORK, March 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), The J. M.
Smucker Company (NYSE: SJM), Diamond Foods, Inc. (NASDAQ: DMND),
Campbell Soup Co. (NYSE: CPB), and McCormick & Co. Inc. (NYSE:
MKC). Private wealth members receive these notes ahead of
publication. To reserve complementary membership, limited openings
are available at: http://www.AnalystsReview.com/register
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Green Mountain Coffee Roasters Inc. Analyst Notes
On March 10, 2014, Green Mountain
Coffee Roasters, Inc. (GMCR) announced that it has changed its
corporate name to Keurig Green Mountain, Inc. (Keurig), effective
immediately. "Our new name better reflects who we are as a Company
today and captures our aspirations for the future," said
Brian Kelley, Keurig's President and
CEO. "The name Keurig Green Mountain brings together our two
strongest brands, Keurig and Green Mountain Coffee, into one single
and powerful corporate identity that symbolizes the strength of our
business and the unity of our team, while also recognizing our
strong heritage." The Company informed that it has retained its
ticker symbol of "GMCR" on the NASDAQ stock exchange. The full
analyst notes on Green Mountain Coffee Roasters Inc. are available
to download free of charge at:
http://www.AnalystsReview.com/03182014/GMCR/report.pdf
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The J. M. Smucker Company Analyst Notes
On February 14, 2014, The J. M.
Smucker Company (J. M. Smucker)
reported its Q3 FY 2014 (period ended January 31, 2014) financial results. The
Company's net sales totaled $1.5
billion, down 6.0% YoY, and net income was $166.7 million, up 8.1% YoY, during the quarter.
Net income per diluted common share was $1.59, up 12.0% YoY. "We achieved record third
quarter earnings per share and made good progress against our
strategic plan," commented Richard
Smucker, CEO of J. M.
Smucker. "We continue to optimize our supply chain which,
over time, improves our cost structure, margins, and cash flow, and
positions us for future growth." For FY 2014, the Company
anticipates a 5% YoY decline in net sales along with a lower
non-GAAP income per diluted share estimate of $5.55 to $5.60. According to the Company, its FY
2014 estimates reflects its Q3 FY 2014 results including the
unplanned trade spending accrual adjustment, lower volume
expectations for Q4 FY 2014, a more competitive pricing environment
in key categories, and foreign exchange headwinds. The full analyst
notes on The J. M. Smucker Company are available to download free
of charge at:
http://www.AnalystsReview.com/03182014/SJM/report.pdf
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Diamond Foods, Inc. Analyst Notes
On March 11, 2014, Diamond Foods,
Inc. (Diamond Foods) reported its Q2 FY 2014 financial results
(period ended January 31, 2014). For
the quarter, the Company reported net sales of $220.6 million, down 0.1% YoY. Net loss totaled
$15.1 million during the quarter,
compared to $10.1 million in Q2 FY
2013. For H1 FY 2014, net sales were $455.2
million, down 5.0% YoY, and net loss came in at $57.2 million, compared to $0.6 million in H1 FY 2013. "Overall we are
pleased with our second quarter performance. Our consolidated gross
margin improved 250 basis points reflecting strong sales growth and
gross margin expansion in our Snacks segment. These results,
however, were weighed down by lower sales and gross margin
compression in the Nuts segment due to higher tree nut costs," said
Brian Driscoll, President and CEO of
Diamond Foods. "While we expect to face further headwinds in the
Nuts segment in the second half of fiscal 2014, our team remains
focused on the execution of our multi-year turnaround strategy and
we are confident that we are taking the right steps to position our
business for long-term sustainable growth." The full analyst notes
on Diamond Foods, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03182014/DMND/report.pdf
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Campbell Soup Co. Analyst Notes
On February 14, 2014, Campbell
Soup Company (Campbell) reported
its Q2 FY 2014 financial results (period ended January 26, 2014). The Company reported earnings
from continuing operations attributable to Campbell of $235
million, or $0.74 per diluted
shares, compared with $171 million,
or $0.54 per diluted share, in Q2 FY
2013. Denise Morrison, Campbell's President and CEO, said, "We remain
focused on strengthening our core business and expanding into
higher-growth spaces as we reshape our portfolio to improve
Campbell's long-term growth
trajectory." During FY 2014, Campbell expects continuing operations to grow
sales by 4% to 5% YoY, adjusted EBIT to grow by 4% to 6% and
adjusted EPS to range from $2.53 to
$2.58 per share. The full analyst notes on Campbell Soup
Company are available to download free of charge at:
http://www.AnalystsReview.com/03182014/CPB/report.pdf
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McCormick & Co. Inc. Analyst Notes
On March 11, 2014, McCormick &
Company Inc. (McCormick) reported its schedule for Q1 FY 2014
earnings release and conference call. The Company informed that it
will make a presentation of its Q1 FY 2014 financial results to
securities analysts live on March 25,
2014, at 8:00 a.m. ET.
According to the Company, Alan
Wilson, Chairman, President and CEO; Gordon Stetz, Executive Vice President and CFO;
and Joyce Brooks, Vice President,
Investor Relations, will be hosting the call. The full analyst
notes on McCormick & Company Inc. are available to download
free of charge at:
http://www.AnalystsReview.com/03182014/MKC/report.pdf
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