Consumer Good Sector Announced Financial Results and Upcoming Earnings Releases- Research Report on Tyson Foods, Leucadia National, Hormel Foods, Pilgrim's, and Annie's

NEW YORK, November 12, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Tyson Foods Inc. (NYSE: TSN), Leucadia National Corp. (NYSE: LUK), Hormel Foods Corp. (NYSE: HRL), Pilgrim's Corp. (NASDAQ: PPC), and Annie's, Inc. (NYSE: BNNY). 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 November 4, 2013, Tyson Foods Inc. (Tyson Foods) announced that the Company will hold its Q4 FY 2013 earnings conference call on Monday November 18, 2013 at 9:00 a.m. ET (8:00 a.m. CT). The Company informed that the live webcast of the call can be accessed via the Company's website, and archive of the same will be available for a year on the website. 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]

--

Leucadia National Corp. Research Report

On November 7, 2013, Leucadia National Corp (Leucadia) reported its Q3 2013 and 9M 2013 financial results. Net revenues during the quarter increased 15.7% YoY to $2.6 billion while revenue from Beef Processing Services reported at $1.9 million up 0.6% YoY. Net income attributable to the Company's common shareholders in Q3 2013 was $3 million or $0.01 per diluted share, compared to $106.7 million or $0.43 per diluted share in Q3 2012. For 9M 2013 Leucadia reported net revenues at $7.6 million up 13% YoY. Net income attributable to the Company's common shareholders in 9M 2013 was $360.7 million or $1.06 per diluted share, compared to $400.3 million or $1.62 per diluted share in 9M 2012.  The Full Research Report on Leucadia National Corp. - 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/1fd1_LUK]

--

Hormel Foods Corp. Research Report

On November 6, 2013, Hormel Foods Corp. (Hormel Foods) announced that the Company will release its Q4 FY 2013 financial results on Tuesday, November 26, 2013 before market opens. The Company informed that it will hold a conference call to discuss its quarterly results on the same day at 8:00 a.m. CT (9:00 a.m. ET) and a live webcast of the call can be accessed via its website under Investors section. Hormel Foods stated that its Chairman, President and CEO Jeffrey M. Ettinger and Executive Vice President and CFO Jody H. Feragen will participate in the call. The Full Research Report on Hormel Foods Corp. - 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]

--

Pilgrim's Corp. Research Report

On October 30, 2013, Pilgrim's Corp. (Pilgrim's) reported its Q3 FY 2013 financial results (period ended September 29, 2013). Net sales increased 3.6% YoY to $2.1 billion. Net income attributable to the Company was $160.9 million or $0.62 per diluted share, compared to $42.9 million or $0.17 per diluted share in Q3 2012. Commenting on the results, CEO Bill Lovette said, "We are pleased to see continued improvement reflected in our results based on the consistent execution of our strategy. Our engagement with key customers continues to reflect the value they expect from Pilgrim's and is driving growth and success for our customers. We've also seen improvements in our margins as a result of the processes we've transformed through our commitment to operational excellence. We are close to achieving our operational improvement targets for the year and envision capturing even greater efficiencies in 2014. Our export model has enabled us to attain our goal of achieving 30% growth in value-added products year to date." The Full Research Report on Pilgrim's Corp. - 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]

--

Annie's, Inc. Research Report

On November 7, 2013, Annie's, Inc. (Annie's) reported its financial results for Q2 FY 2014 (period ended September 30, 2013). Revenue for the quarter increased 25.6% YoY to $58.7 million. Net income was at $5.6 million or $0.32 per diluted share for Q2 FY 2014, compared to $3.8 million or $0.21 per diluted share in Q2 FY 2013. Adjusted diluted EPS stood at $0.28 versus $0.24 in Q2 FY 2013. CEO John Foraker commented, "We experienced accelerated growth in both shipments and consumption during the quarter, as we benefited from continued base business strength and the successful rollout of our new microwavable mac & cheese cups and family-size frozen entrees. Year-to-date consumption growth, which is in excess of 20%, is the strongest since our IPO and gives us increased confidence in our sales outlook." For full-year FY 2014, the Company expects adjusted diluted EPS toward the lower end of $0.97 to $1.01 guidance range. Annie's also announced that on November 5, 2013, it entered into a definitive agreement with Safeway Inc. and Safeway Australia Holdings, Inc. to acquire the snack manufacturing plant in Joplin, Missouri. The Full Research Report on Annie's, 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/fcac_BNNY]

----

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

AnalystsCorner.com

SOURCE Analysts' Corner

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED