) surprised a few on Wall Street this week when it reported volumes at its snacks division — which ranges from Snyder's Lance pretzels to Cape Cod chips to Goldfish crackers — fell 1% in the most recent quarter.
"If you are a middle- or lower-income household right now, you're still dealing with high interest rates, higher rent, you probably just took a hit on car insurance," Clouse added. "As we move closer into the summer and promotional/merchandizing activity potentially unlocking incremental demand, snacking volumes could see some relief."Organic sales projected down 1% to flat "The better than expected EPS guidance incorporating Sovos and better than feared organic sales revision should support a modest outperformance for the shares in our view.
As global markets navigate through fluctuating economic conditions, the Canadian market remains a focal point for investors seeking stability and yield. In this environment, dividend stocks are particularly appealing, offering both income and potential for capital appreciation in response to current market dynamics.
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Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »