Post Tagged with: "consumer"

TreeHouse Foods Protenergy Acquisition Suggests It’s “Hip to Be Square”

TreeHouse Foods Protenergy Acquisition Suggests It’s “Hip to Be Square”

April 25, 2014 at 3:18 am

Monday morning TreeHouse announced plans to acquire Protenergy, a manufacturer of premium private-label broths, soups, and gravies. This Canada-based firm has helped lead a packaging transition—from cans to more consumer-friendly (square or rectangular) cartons—in the broth category, where cartons now represent 70% of the business and private label holds greaterRead More

Harley-Davidson Raising Estimates as First-Quarter Results Defy Mother Nature

Harley-Davidson Raising Estimates as First-Quarter Results Defy Mother Nature

April 25, 2014 at 2:49 am

Harley-Davidson’s first-quarter EPS rose 22% to $1.21, easily ahead of our estimate of $1.07 and consensus of $1.08. The upside was driven by better-than-expected sales, which rose 11%, to $1.6 billion, versus our and consensus expectations of $1.5 billion, as well as stronger-than-anticipated operating margin expansion of 150 basis points,Read More