12.08.2013 14:00:00
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Companies Announce Financial Results and Quarterly Earnings Schedules - Research Report on GMCR, Kellogg, Smucker's, Ingredion, and Flowers Foods
NEW YORK, August 12, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR), Kellogg Company (NYSE: K), The J.M. Smucker Company (NYSE: SJM), Ingredion Incorporated (NYSE: INGR), and Flowers Foods, Inc. (NYSE: FLO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Green Mountain Coffee Roasters, Inc. Research Report
On August 7, 2013, Green Mountain Coffee Roasters, Inc. (GMCR) released its Q3 FY 2013 financial results (period ended June 29, 2013). Net sales were up 11.3% YoY to $967.1 million. GAAP operating income was up 49.0% YoY to $193.3 million. GAAP net income was up 58.7% YoY to $116.3 million. GAAP diluted EPS was up 65.2% YoY to $0.76. Commenting on the results, Brian P. Kelley, President and CEO of GMCR, said, "Our total revenue growth of 11% was at the low end of our expectations, driven primarily by a sales decline in Canada. Importantly, our U.S. business is very healthy, growing 14% in the period." Kelley continued, "Ongoing consumer adoption and continued use of installed Keurig brewers drove 21% unit growth of our Keurig Brewed portion pack business during our third fiscal quarter." The Full Research Report on Green Mountain Coffee Roasters, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-07/GMCR]
Kellogg Company Research Report
On August 1, 2013, Kellogg Company (Kellogg) released its Q2 2013 financial results (period ended June 29, 2013). The Company's net sales were up 6.9% YoY to $3.7 billion. Operating profit was up 9.8% YoY to $570 million. Net income attributable to the Company was up 8.6% YoY to $352 million, while diluted EPS was up 6.7% YoY to $0.96. John Bryant, President and CEO of Kellogg, stated, "We are reaffirming our full-year earnings guidance on a currency-neutral basis." Bryant added, "While sales growth has been slower than we anticipated in developed markets, particularly the U.S., the work we have been doing on our cost base has enabled us to offset the impact. In addition, we have now owned Pringles for more than a year. The integration has gone very well, and we remain excited regarding the opportunities we see for future growth." The Full Research Report on Kellogg Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-07/K]
The J.M. Smucker Company Research Report
On July 31, 2013, The J.M. Smucker Company (Smucker's) announced that it will host its Q1 FY 2014 earnings conference call and webcast on Wednesday, August 21, 2013 at 8:30 a.m. ET. Smucker's reported that it will issue a press release of the results on the same morning. The Company stated that the webcast replay can be accessed on its website through the Investor Relations section, and that the audio replay will be available until August 28, 2013. The Full Research Report on The J.M. Smucker Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-07/SJM]
Ingredion Incorporated Research Report
On July 31, 2013, Ingredion Incorporated (Ingredion) released its Q2 2013 financial results. Net sales were down 0.1% YoY to $1.6 billion. Net income was down 12.6% YoY to $96.7 million. Net income attributable to Ingredion was down 12.8% YoY to $95.1 million. Diluted EPS was down 14.3% YoY to $1.20. Ilene Gordon, Chairman, President, and CEO of Ingredion, said, "After delivering very strong results on a consistent basis over many years, our second quarter was disappointing as we saw EPS fall and, as we previously announced, we brought down the outlook for our full year." Gordon continued, "The shortfall and lowered outlook is the result of a challenging macro environment, particularly in South America where Argentina has seen a sharp acceleration of economic headwinds." The Full Research Report on Ingredion Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-07/INGR]
Flowers Foods, Inc. Research Report
On August 6, 2013, Flowers Foods, Inc. (Flowers Foods) announced that it will discuss its Q2 2013 financial results through a live webcast on Tuesday, August 13, 2013 at 8:30 a.m. ET. Flowers Foods also informed that the webcast replay and podcast will be archived at its website. The Full Research Report on Flowers Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-07/FLO]
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SOURCE Investors' Reports
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Aktien in diesem Artikel
Flowers Foods Inc. | 20,20 | -1,94% | |
Ingredion Inc. | 138,10 | 1,10% | |
J. M. Smucker Co. | 108,50 | -0,82% | |
Kellanova (ex Kellogg's) | 76,88 | 0,37% |