Preliminary Financial Results, New Board Member, Recognition, and Acquisition - Analyst Notes on ConAgra Foods, The J.M. Smucker Company, Campbell Soup, McCormick and Snyder's-Lance

NEW YORK, June 23, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding ConAgra Foods, Inc. (NYSE: CAG), The J.M. Smucker Company (NYSE: SJM), Campbell Soup Company (NYSE: CPB), McCormick & Company, Incorporated (NYSE: MKC) and Snyder's-Lance, Inc. (NASDAQ: LNCE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3977-100free.

--
ConAgra Foods, Inc. Analyst Notes
On June 18, 2014, ConAgra Foods, Inc. (ConAgra Foods) reported its preliminary Q4 FY 2014 financial results (period ended May 25, 2014). Diluted loss per share from continuing operations is expected to be c.$0.76. After adjusting items impacting comparability, Q4 FY 2014 EPS is expected to be c.$0.55, lower than the previous anticipation of $0.60 EPS for the quarter. The anticipated reduction resulted from the 7% quarterly volume decline for the Consumer Foods segment, as well as weak profits for the Private Brands segment. Gary Rodkin, CEO of ConAgra Foods, said, "We are disappointed with the Consumer Foods volume performance, which negatively impacted comparable EPS. As we have communicated, we are in the process of improving product mix and promotion strategies in the Consumer Foods segment for better results and greater effectiveness, and we expect our volume performance to improve in fiscal 2015 as a result of this." The Company informed that the Q4 FY 2014 financial results will be reported in details on June 26, 2014. The full analyst notes on ConAgra Foods are available to download free of charge at:

http://www.analystsreview.com/Jun-23-2014/CAG/report.pdf

--
The J.M. Smucker Company Analyst Notes
On June 13, 2014, The J.M. Smucker Company's Board of Directors announced that a new director will be included in the Company's proxy statement for election at the next Annual Meeting of Shareholders to be held on Wednesday, August 13, 2014. According to the Company, the nominee, Sandra Pianalto, a retired President and CEO of the Federal Reserve Bank of Cleveland, will replace R. Douglas Cowan, former Chairman and CEO of The Davey Tree Expert Company, who will be retiring at the end of his term. The Company's Board of Directors concluded that Ms. Pianalto should serve as a Director primarily due to her vast experience in monetary policy and financial services and her experience serving as a member of the boards of several non-profit organizations. The full analyst notes on The J.M. Smucker Company are available to download free of charge at:

http://www.analystsreview.com/Jun-23-2014/SJM/report.pdf

--
Campbell Soup Company Analyst Notes
On June 16, 2014, Campbell Soup Company (Campbell Soup) announced the election of Marc B. Lautenbach to the Board of Directors effective June 11, 2014. According to the Company, Lautenbach, has been President and CEO of Pitney Bowes, Inc. since December 2012 and it was under his leadership that Pitney Bowes, Inc. diversified its portfolio beyond core mailing business and moved into adjacent growth areas such as digital commerce. Prior to joining Pitney Bowes, Lautenbach spent 27 years in senior leadership roles at IBM, and was responsible for businesses and customer segments in the US and overseas. Paul R. Charron, Board Chairman, said, "We are pleased to welcome Marc to Campbell's Board of Directors as we continue to reshape the company for accelerated growth. He is an outstanding leader whose experience transforming businesses and pioneering new markets will be an asset to the Board and the shareholders." The full analyst notes on Campbell Soup are available to download free of charge at:

http://www.analystsreview.com/Jun-23-2014/CPB/report.pdf

--
McCormick & Company, Incorporated Analyst Notes
On June 16, 2014, McCormick & Company, Incorporated (McCormick) reported that it is the only food company to be recognised in the top 10 on Newsweek's 2014 Green Rankings for overall corporate sustainability and environmental performance, ranking 6th out of 500 U.S. companies. The Newsweek ranking, completed in partnership with Corporate Knights Capital, a media, research and financial products company, evaluated the largest publicly traded companies in the US on key performance indicators such as energy, water, waste, carbon, and reputation. Alan Wilson, Chairman, President and CEO of McCormick, said, "Today, environmental stewardship is a business imperative and McCormick aligns our corporate responsibility efforts with our business objectives to grow business globally, while driving positive change within our communities and for our employees." The full analyst notes on McCormick are available to download free of charge at:

http://www.analystsreview.com/Jun-23-2014/MKC/report.pdf

--
Snyder's-Lance, Inc. Analyst Notes
On June 16, 2014, Snyder's-Lance, Inc. announced that it has completed the acquisition of Baptista's Bakery, Inc., which was first announced on May 7, 2014. Baptista's, the manufacturer of the Snack Factory® Pretzel Crisps® brand, has unique capabilities consistent with strategic plans of the Company. The Company informed that the transaction supports efforts to sharpen focus on branded products in growth categories and other emerging products driven by consumer preferences and insights. The full analyst notes on Snyder's-Lance are available to download free of charge at:

http://www.analystsreview.com/Jun-23-2014/LNCE/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S 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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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 pubco [at] http://www.analystsreview.com .

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com .

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com 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 Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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
Analysts Review 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
Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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.

SOURCE Analysts Review

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

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED