08.08.2013 14:00:00
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New Product Launches and Market Flexibility Contributed to Improved Sales Mix - Research Report on Tyson, Smithfield Foods, Pilgrim's Pride, BRF, and Hormel Foods
NEW YORK, August 8, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Tyson Foods, Inc. (NYSE: TSN), Smithfield Foods, Inc. (NYSE: SFD), Pilgrim's Pride Corporation (NASDAQ: PPC), BRF SA (NYSE: BRFS), and Hormel Foods Corporation (NYSE: HRL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tyson Foods, Inc. Research Report
On August 5, 2013, Tyson Foods, Inc. (Tyson) reported its Q3 FY 2013 (period ended June 29, 2013) financial results. During the quarter, the Company's sales totaled $8.7 billion, up 5.7% YoY. Net income attributable to Tyson was $249 million, or 0.68 per share, in Q3 FY 2013 compared with $76 million, or $0.21 per share, in Q3 FY 2012. For full-year FY 2013, the Company expects sales of c.$34.5 billion, and for full year FY 2014, sales are expected to be c.$36 billion. The Full Research Report on Tyson 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/4516_TSN]
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Smithfield Foods, Inc. Research Report
On July 31, 2013, Smithfield Foods, Inc. (Smithfield Foods) announced that as a part of its merger deal with Sun Merger Sub, Inc., (Merger Sub), the latter has closed its previously announced offering of senior notes, which were used in one series of 5.3% senior notes due 2018 in an aggregate principal amount of $500 million and another series of 5.9% senior notes due 2021 in an aggregate principal amount of $400 million. The Company and Merger Sub expect to use the net proceeds of the offering to partially fund the proposed acquisition. The Full Research Report on Smithfield 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/3f6f_SFD]
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Pilgrim's Pride Corporation Research Report
On July 31, 2013, Pilgrim's Pride Corporation (Pilgrim's Pride) reported its Q2 2013 financial results. The Company's Q2 2013 net sales amounted to $2.2 billion, up 10.6% YoY. Net income was $190.7 million, or $0.74 per share, in Q2 2013, compared with $69.4 million, or $0.27 per share, in Q2 2012. "Our focus on our key customers and ability to adapt to changing market conditions has helped us gain significant business in strategic channels to improve our sales mix, enabling us to take advantage of strong industry fundamentals," said Bill Lovette, Chief Executive Officer of Pilgrim's Pride. The Full Research Report on Pilgrim's Pride Corporation - 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/1e47_PPC]
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BRF SA Research Report
On July 29, 2013, BRF SA (BRF) reported its Q2 2013 financial results. The Company's Q2 2013 net sales were (Brazilian Real) R$7.5 billion, up 10.0% YoY. Net income was R$208 million, or R$0.24 per share, in Q2 2013, compared with R$6 million, or R$0.01 per share, in Q2 2012. According to BRF, the strong quarterly performance of the Company was driven by the gradual improvement in export turnover with restored equilibrium between international supply and demand, higher contribution from both food service and dairy product segments as well as the launch of more than 70 products spread across the Company's different business areas. The Full Research Report on BRF SA - 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/fdc5_BRFS]
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Hormel Foods Corporation Research Report
On July 25, 2013, Hormel Foods Corporation (Hormel Foods) announced that it has scheduled a conference call on Thursday, August 22, 2013 at 8:00 a.m. CT / 9:00 a.m. ET, to discuss the Company's Q3 FY 2013 results. The conference call will be hosted by Jeffrey M. Ettinger, Chairman of the Board, President, and CEO of Hormel Foods, and Jody H. Feragen, Executive Vice President and CFO. On the same day, the Company will issue its earnings release before the markets open. The Full Research Report on Hormel Foods Corporation - 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/d79d_HRL]
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SOURCE Analysts' Corner
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Aktien in diesem Artikel
BRF - Brasil Foods SA (spons. ADRs) | 3,90 | -1,52% | |
Hormel Foods Corp. | 30,17 | 0,00% | |
Pilgrims Pride Corp | 47,60 | -1,24% | |
Tyson Foods Inc. | 60,77 | 0,23% |