) 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.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »