Consumer Goods Sector Announced Quarterly Dividends, Earnings Results, and Conference Calls - Research Report on Mondelez, Dean Foods, Hershey's, The Hain Celestial Group, and TreeHouse Foods
NEW YORK, August 14, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Mondelez International, Inc. (NASDAQ: MDLZ), Dean Foods Company (NYSE: DF), Hershey Co. (NYSE: HSY), The Hain Celestial Group, Inc. (NASDAQ: HAIN), and TreeHouse Foods, Inc. (NYSE: THS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Mondelez International, Inc. Research Report
On August 7, 2013, Mondelez International, Inc. (Mondelez) reported its Q2 2013 financial results. Revenue increased 0.8% YoY to $8.6 billion and organic net revenue stood $8.7 billion (up 3.8% YoY). Net earnings attributable to Mondelez were $616 million or $0.34 per diluted share, down compared to $1 billion or $0.58 in Q2 2012. Chairman and CEO, Irene Rosenfeld, stated, "Faster top-line growth in emerging markets, strong volume/mix gains and increasing market shares globally drove our first-half business performance, which was in line with the expectations we outlined earlier in the year. For the second half of 2013, we expect our top-line growth to accelerate from investments in emerging markets and continued momentum on our global snacking platforms and Power Brands, despite indications of slowing category growth in key markets such as China, Brazil and Russia." For 2013, Mondelez expects net organic revenue to grow by lower side of its long-term target of 5% to 7%.The Full Research Report on Mondelez International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/MDLZ]
Dean Foods Company Research Report
On August 8, 2013, Dean Foods Company (Dean Foods) reported its Q2 2013 financial results. Revenue decreased 0.3% YoY to $2.2 million. Net loss attributable to Dean Foods totaled $56.9 million or $0.17 per diluted share, compared to net income of $56.2 million or $0.10 per diluted share in Q2 2012. Adjusted diluted EPS stood at $0.13 compared to $0.12 in Q2 2012. CEO Gregg Tanner said, "Results for the second quarter were in-line with expectations. We successfully offset the majority of the volume deleverage associated with lower volumes in the quarter through execution behind our accelerated cost reduction and productivity agenda. These initiatives build on our competitive advantages and position us to succeed going forward. Additionally, we have continued to make progress in other areas as well, including the recent replacement of our credit facility and the disposition of our remaining WhiteWave ownership interest that delivered $589 million to Dean Foods to further bolster our financial strength and flexibility." For full year 2013, Dean Foods expects adjusted diluted earnings to be between $0.47 and $0.53 per share. The Full Research Report on Dean Foods Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/DF]
Hershey Co. Research Report
On July 25, 2013, Hershey Co. (Hershey's) reported that its Board of Directors declared quarterly dividends of $0.49 on the Common Stock and $0.44 on the Class B Common Stock. According to Hershey's, the dividends are payable on September 13, 2013, to stockholders of record as of August 23, 2013. The Company also informed that this dividend is the 335th consecutive regular dividend on the Common Stock and the 116th consecutive regular dividend on the Class B Common Stock. The Full Research Report on Hershey Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/HSY]
The Hain Celestial Group, Inc. Research Report
On August 8, 2013, The Hain Celestial Group, Inc. (Hain Celestial) has scheduled the Company's earnings conference call to discuss its Q4 FY 2013 results on August 21, 2013 at 4:30 p.m. ET. According to the Company, Irwin Simon, Founder, President and CEO; Ira Lamel, Executive Vice President and CFO; John Carroll, Executive Vice President and CEO, Hain Celestial United States; and Rob Burnett, CEO, Hain Daniels will present their views during the call. Hain Celestial informed that interested parties can listen to the call through the Company's website. The Full Research Report on The Hain Celestial Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/HAIN]
TreeHouse Foods, Inc. Research Report
On August 8, 2013, TreeHouse Foods, Inc. (TreeHouse Foods) reported its Q2 2013 financial results. Revenue decreased 0.2% YoY to $526.3 million. Net income was $18.6 million or $0.50 per diluted share, compared to net income of $19.5 million or $0.53 per diluted share in Q2 2012. Adjusted EPS stood at $0.65 compared to $0.60 in Q2 2012. Chairman, President and CEO, Sam K. Reed, said, "Despite the volume challenges across the food industry, we continued to make a great deal of progress in the second quarter and are encouraged by our successes, particularly in our single service beverage business, which was a key driver for our North American Retail Grocery segment. Internally, our teams remain steadfast in the pursuit of operating simplification, gross margin improvement and distribution system savings." For full year 2013, the Company expects adjusted EPS to be within $3.07 to $3.12. The Company also announced that it has signed a definitive agreement to acquire Associated Brands GP Corporation and expects the acquisition to get completed by Q3 2013, subject to the satisfaction of customary closing conditions. The Full Research Report on TreeHouse Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/THS]
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