Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Chuy's Holdings (NASDAQ: CHUY ) were getting spat out by investors today, falling as much as 12% after an unsavory earnings report.
So what: The restaurant chain of the same name posted a 24.6% gain in sales to $46.7 million, slightly ahead of estimates, and comparable sales were up 2.3%. Earnings per share jumped from a penny a year ago to $0.16, beating expectations by $0.02. CEO Steve Hislop said, "We generated impressive revenue growth during a challenging quarter for the industry," and he credited operators for driving profitability. Chuy's narrowed its EPS guidance for the year, saying it now expects EPS of $0.67 to $0.69, in line with estimates, and sees same-store sales growth of 1% to 1.5%.
Now what: Shares of the Mexican-food chain bounced back after dipping early in the session today, finishing down just 3.3%. While the company beat estimates, it seems investors were expecting more, especially on the same-store-sales front. Nearly all of Chuy's sales growth came from new restaurants, as opposed to organic, higher-margin growth from stores already open. Same-store sales are also often a sign of brand strength. With its P/E over 50 and hardly any organic growth to speak of, I'd stay away from Chuy's.
Top 10 Sliver Stocks To Own For 2015: Carrefour SA (CRERF)
Carrefour SA is a France-based company that is primarily engaged in retail distribution sector. The Company operates a network of hypermarkets, supermarkets, hard discount stores, convenience stores and cash-and-carry outlets and offers e-commerce services. The Company's hypermarkets named Carrefour offer a range of food and non-food products. Carrefour SA�� hypermarkets, supermarkets and convenience stores are operating under the Carrefour city, Carrefour contact, Carrefour express, 8aHuit, Shopi, Marche Plus, Proxi banners and cash & carry stores are operating under the Promocash banner, which primarily offer food, clothing and household goods, among others. The Company operates in mainland France and French overseas territories, as well as in Europe, Asia, Latin America, North Africa and the Middle East through a network of consolidated and franchised stores, and stores that Carrefour SA runs with partner companies. In January 2014, it acquired 129 convenience stores. Advisors' Opinion:- [By Sophia Yan]
Carrefour (CRERF) has also shuttered many stores, and is reported to be exploring a sale of its China and Taiwan businesses.
Hypermarkets -- big box stores that combine supermarkets and department stores -- first opened up in China's largest cities over a decade ago. And it's no wonder companies such as Wal-Mart have been keen to get a slice of the market.
Top 5 Food Companies To Invest In Right Now: Freedom Foods Group Ltd (FNP)
Freedom Foods Group Limited (FNP) is an Australia-based company engaged in providing for specialized Needs in the Global Food Industry. The Company operates in Freedom Foods, operating in the manufacture, distribution and marketing of allergen free cereals and nutritional snacks and other food products under the Freedom Foods brand and dairy alternative beverages under the Australia�� Own and Freedom Foods brands. The Company�� Pactum Australia operates in the manufacture and distribution of Aseptic (long life) beverages and foods. The Company�� Specialty Seafood, operating in the distribution and marketing of canned Herring Sardines and Canned Alaskan Salmon under the Brunswick and Paramount brands. The Company has investment in A2 Corporation, operating in A2 branded dairy milk manufacture, marketing and distribution activities in Australia and International Markets. Advisors' Opinion:- [By Dan Caplinger]
Another up-and-coming competitor is Juicy Couture, a brand of Fifth and Pacific (NYSE: FNP ) , which plans to launch a new line of intimate apparel early next year. For Fifth and Pacific, getting Juicy Couture to perform better would mark the final step in its overall turnaround, with the company's other two major brands having already seen gains in comps recently.
- [By Louis Navellier]
Ralph Lauren Corp.’s largest competitors are Fifth & Pacific Companies (FNP) and The Jones Group (JNY). Of these three companies, Fifth & Pacific is currently the best buy right now due to superior buying pressure. Meanwhile, Jones Group is suffering from flat sales and deep-seated cash flow issues. I’ll discuss Ralph Lauren’s problems with attracting institutional investors shortly.
- [By Lauren Pollock]
Fifth & Pacific Cos.(FNP) is nearing a deal to sell its Lucky Brand denim business after an auction that had stalled regained momentum this fall, people familiar with the matter told The Wall Street Journal.
Top 5 Food Companies To Invest In Right Now: SunOpta Inc (STKL)
SunOpta Inc. ( SunOpta), incorporated on January 1, 2008, is a global company operating businesses focused on a healthy products portfolio that promotes sustainable well-being. With expertise in field to table integration, it specializes in the sourcing, processing and packaging of natural, organic and specialty food products. The Company operates in two business segments: SunOpta Foods and Opta Minerals.
Its core natural and organic food operations focus on value-added grains, fiber and fruit-based product offerings, supported by a global sourcing and supply infrastructure. Its assets, operations and employees are principally located in North America and Europe. It has two non-core holdings: a 66.1% ownership position in Opta Minerals Inc. and its subsidiaries (Opta Minerals), a producer, distributor and recycler of industrial materials; and an 18.7% ownership position in Mascoma Corporation (Mascoma), a biofuels company.
SunOpta Foods
SunOpta Foods operates in the natural, organic and specialty foods product sectors and utilizes a number of integrated business models to bring cost-effective and products to market. It believes these markets will continue to grow as consumers focus on health and wellness. SunOpta Foods consists of four operating segments: Grains and Foods Group, Ingredients Group, Consumer Products Group and International Foods Group .It focuses on three key go-to-market segments: raw materials, value-added ingredients and consumer-packaged products.
The Grains and Foods Group specializes in marketing organic, identity preserved (IP), and non-GMO grains, ingredients, packaged goods and processing services with a core focus on soybean, sunflower and corn products. The Grains and Foods Group works to ensure that it provides its customers with organic, non-GMO and IP specialty grains and seeds by serving as a grower�� supplier of seed; purchaser of the grower�� specialty crops; and processor and packager of a wide range of grains-! based ingredients and consumer-packaged products. It offers a variety of IP, non-GMO and organic seeds and whole grains including soy, corn and sunflower for food applications offering varieties with superior food , raw material sourcing and processing of soy based ingredients in liquid, spray-dried and roasted formats. It offers Grain-based ingredients which utilize non-GMO and organic soy, corn, sunflower and rice; specialty organic functional ingredients, including maltodextrins, tack blends, fiber products; flavor enhancing products, including snack coatings, cheese powders and flavor systems; an line of organic dairy ingredients; and organic soy and sunflower oils. It offers variety of packaged food products for retail and foodservice use and a full range of bulk grain-based animal feed and pet food products.
The Ingredients Group is focused primarily on fiber products and specialty fruit ingredients. It works closely with its customers to identify product formulation, cost and productivity opportunities aimed at transforming raw materials into value-added food ingredient solutions. It offers fibers and brans, including Canadian Harvest Oat Fiber, SunOpta Soy Fiber, SunOpta Rice Fiber, SunOpta Cellulose Fiber and SunOpta Pea Fiber brands of insoluble organic and conventional fiber products, Barley Balance soluble fiber, MultiFiber blends, value-added starch-based texturizers, and a number of custom processed ingredients. It offers SunOpta Specialty Starch products, including OptaGrade and OptaMist. OptaGrade is a natural, starch-based texturizing agent that is used commercially in a variety of dairy products including natural, imitation, and processed cheeses, sour cream, cream cheese, cottage cheese and yogurt. OptaMist is also a starch-based texturizing agent that improves the taste, texture and appearance of dairy products, yogurt, cheese products, and salad dressings.
The Consumer Products Group provides natural and organic consumer packaged food products to global fo! od manufa! cturers, distributors and supermarket chains with a variety of branded and private label products. The Consumer Products Group�� products include Conventional and organic beverage processing and re-sealable pouch filling solutions in a variety of product categories, including shelf stable and refrigerated juices, frozen fruits and vegetables, specialty beverages, vitamin waters, electrolyte waters, energy drinks, soups, baby food, and healthy fruit and vegetable based snacks in flexible pouches. It offers nutritious healthy snacks including natural and organic fruit based snacks in bar, twist, rope and bite size shapes, with the ability to add a variety of ingredients including fiber, plus a range of baked and extruded nutrition bars using a wide variety of ingredients including grains, proteins and other ingredients.
The International Foods Group includes European and North American based operations that source and supply raw material ingredients and trade organic commodities. Its principal operations are located in Amsterdam, the Netherlands and Santa Cruz, California and comprise the global sourcing and supply operations of Tradin Organic, including a business in Dalian, China that supplies food grade organic soybeans, feed, organic sunflower kernels and other grains and distributes certain organic food products, as well as sourcing and processing operations in Ethiopia for organic and specialty coffees and organic and conventional sesame seeds. In addition, the International Foods Group is expanding its integrated processing capabilities with the construction of its value-added organic and specialty cocoa facility in the Netherlands.
SunOpta Foods is subject to a wide range of governmental regulations and policies in various countries and regions where it operates,including the
United States,Canada, the Netherlands, throughout the rest of the EU, China and Ethiopia. These laws, regulations and policies are implemented, as applicable in each jurisdiction, on t! he nation! al, federal, state, provincial and local levels. For example, SunOpta Foods is affected by laws and regulations related to: seed, fertilizer and pesticides; the purchasing, harvesting, transportation and warehousing of grain and other products; the processing, packaging and sale of food, including wholesale operations; and product labelling and marketing, food safety and food defense. SunOpta Foods is also affected by government-sponsored price supports, acreage set aside programs and a number of environmental regulations.
Opta Minerals
Opta Minerals is a vertically integrated provider of custom process optimization solutions and supplier of industrial minerals and silica-free abrasives for use primarily in the steel, foundry, loose abrasive cleaning and municipal water filtration industries. Opta Minerals has offices and production and distribution facilities in Ontario, Quebec, Saskatchewan, Florida, Idaho, Indiana, Louisiana, Maryland, Michigan, New York, Ohio, South Carolina, Texas, Virginia and production locations in Europe in Kosice, Slovakia; Romans, France; and Ermsleben and Rodermark, Germany. Opta Minerals integration of its business acquisitions into its existing operations and financial management systems has created synergies that have increased revenues and profit margins. It has invested in improving plant equipment and infrastructure and has been able to reduce costs while growing production capabilities. It believes that Opta Minerals is well-positioned to expand current operations with modest capital expenditures.
Opta Minerals produces, manufactures, distributes and recycles industrial minerals, silica-free abrasives and specialty sands and other products and services to the foundry, steel, loose abrasive cleaning, roofing granule, marine/bridge cleaning, waterjet cutting, and municipal, recreational and industrial water filtration industries. Its principal product lines include: blends of industrial minerals used primarily in heavy industrial a! pplicatio! ns; silica-free abrasives,and specialty sands, filtration media and other products and services.
Opta Minerals sells industrial mineral products primarily to the foundry and steel industries. Industrial minerals products produced by Opta Minerals include chromites, magnesium blends, lime, nozzle sands, clays, coated sands, petroleum coke, crushed graphite, pre-cast refractory shapes, injection lances, and a wide range of foundry pre-mixes.
Opta Minerals abrasive products are primarily sold into shipbuilding, ship repair, bridge cleaning, waterjet cutting and roofing granule markets. The abrasives produced are free of silica, making them a clean, efficient and recyclable alternative to traditional abrasives. Recycling operations are conducted at Waterdown, Ontario, Norfolk, Virginia and Ermsleben, Germany. This is an important service that Opta Minerals provides to its customers which results in the reuse of materials that would otherwise be sent directly to landfills. Silica-free abrasive products produced by Opta Minerals include BlackBlast, Ultra Blast, EconoBlast, EbonyGrit, Powerblast, Galaxy Garnet, Emerald Creek Garnet, Bengal Bay Garnet and other specialty abrasives.
Opta Minerals also generates revenues from the sale of specialty sands, filtration media and other products and technical services. The silica sands are not sold for use as an abrasive material.Speciality sands and other products and services of Opta Minerals include filtration and industrial sands, garnets for filtration and waterjet cutting, construction sands, golf bunker sand, silica (not sold for loose abrasive applications), colored sand, waterjet cutting replacement parts and components, and technical services.
The industrial minerals industry is characterized by a number of public and private companies that service the bulk of requirements for both the foundry and steel industry. The remaining market requirements are fulfilled by small regionally based companies with limi! ted produ! ct lines that generally focus on local markets.
The silica-free abrasives industry is characterized by a number of regionally-based companies with limited product lines tending to focus on geographically adjacent markets. Their competition varies by product line, customer classification and geographic market. Opta Minerals conducts business throughout North America with a focus on key regions including the Quebec-Detroit corridor, New York, Maryland, Virginia, Georgia, Florida, Louisiana and Texas, all of which are areas of high volume ship repairs and bridge cleaning activities.
The Company competes with Vesuvius Group S.A./N.V., Stollberg Group, SKW Mettalurgie Gmbh, Magnesium Elektron and Prince Minerals.
Advisors' Opinion:- [By Lisa Levin]
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Equities Trading UP
SunOpta (NASDAQ: STKL) shares shot up 12.89 percent to $12.70 after the company reported upbeat Q1 earnings.Shares of Isis Pharmaceuticals (NASDAQ: ISIS) got a boost, shooting up 10.16 percent to $27.64 after the company reported positive Phase 2 data on ISIS-GCGR Rx in HbA1c in patients with type 2 diabetes.
Top 5 Food Companies To Invest In Right Now: Fairway Group Holdings Corp (FWM)
Fairway Group Holdings Corp., incorporated on September 29, 2006, operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries. The Company focuses on perishable product categories, which include produce, natural and organic, deli, specialty, cheese, butcher, seafood, bakery, coffee and kosher foods. Its non-perishable product categories consist of conventional groceries, as well as specialty foods. It operates two stores on the West Side of Manhattan, New York. As of September 24, 2012, it operated 11 locations in the Greater New York City metropolitan area, three of which include Fairway Wines & Spirits stores.
The Company�� natural and organic product categories include fruits and vegetables, natural and fresh juices, organic OBE beef and organic chicken, fresh organic peanut butter and natural almond butter, fresh roasted coffees and loose teas, dried fruits and nuts, full assortment of natural and organic groceries, cold cuts and cheeses, breads, supplements (homeopathy, vitamins, herbs), nutritional bars and protein powders, health and beauty aids, dairy, including Fairway-branded organic milk, eggs, including Fairway-branded organic eggs, vegetarian dairy alternatives, frozen foods, e gluten-free selections, baby food and baby care items and cleaning products. It offers a classic New York deli counter. It carries smoked salmon prepared using its own recipe and hand-craft its own fresh mozzarella daily.
The Company�� Specialty Imports and Specialty Grocery departments provide shoppers with specialty and gourmet items, such as Lapalisse pure and virgin nut oils; authentic Sicilian foodstuffs; Burgundy's organic La Trinquelinette fruit preserves made in small batches using only unrefined raw cane sugar; ready-to-eat vacuum-packed beets from the Loire Valley; L'Herbier de Milly La Foret verbena, hibiscus, peppermint and linden blossom infusions; L! a Quiberonnaise Vintage Sardines from Brittany, France; Pruneaux d'Agen (stuffed prunes), and Royal Medjool dates, Quercy's soft dried figs and apricots. It carries approximately 115 varieties of specialty olive oil, including numerous imported unfiltered olive oils, and offer all-day, every day tasting of olive oils in each of its stores.
The Company has meat delivered every day and it is cut and packaged at each of its stores within 24 hours of receipt. It also receives daily deliveries of fresh ice-packed chicken. It offers 50 to 80 different selections of fresh fish and seafood in each store every day. It utilizes a combination of on-site and centralized bakeries to produce our baked goods. Its full-service bakery prepares its signature cookies, tarts, cupcakes, baguettes and bagels. It offers over 100 types of artisanal coffee beans sold by the pound, as well as over a dozen varieties of Fair Trade certified and organic coffee.
The Company offers an array of kosher options, including Fairway's branded products, its conventional and specialty groceries, its coffee, as well as its baked goods, dairy, organic, gluten-free, imported and frozen items. It offers a variety of cuts of kosher poultry, red meat and seafood. It carries a range of conventional grocery items. Its grocery aisles are stacked high with the national brand names Tide, Bounty, Kleenex, Charmin, Lysol, Poland Spring, Oreo, Cheerios, Lipton, Hershey's, Coke, Green Giant, and many more. In addition, it offers an array of ethnic groceries that cater to each store's local demographic.
Advisors' Opinion:- [By Leslie Patton]
Whole Foods is facing increased competition from expanding organic and natural-food sellers including Fairway Group Holdings Corp. (FWM) and Sprouts Farmers Market Inc. (SFM) The chain has been adding more of its 365 private-label brand items to attract price-conscious shoppers. Sales at stores open at least a year rose 5.9 percent in the fourth quarter, which ended Sept. 29, the slowest growth in 15 quarters.
- [By John Udovich]
Large cap natural and organic foods supermarket giant Whole Foods Market, Inc (NASDAQ: WFM), otherwise known as ��hole Wallet��r ��hole Paycheck,��is not the only player in the natural or organics supermarket space for consumers and investors alike as mid cap Sprouts Farmers Market Inc (NASDAQ: SFM) and small caps Fairway Group Holdings Corp (NASDAQ: FWM) and Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) are also players in the space. It should be mentioned that Whole Foods Market is down 15.7% since the start of the year and has a downward trending technical chart, but�shares are�still up 13% over the past year, up 426.3% over the past five years and up 3,108.6% since January 1992.
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