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DLM Del Monte Foods Co.

18.99
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Del Monte Foods Co. NYSE:DLM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.99 0 01:00:00

Analyst Study on ConAgra Foods Inc. and Del Monte Foods Co. - Processed and Packaged Goods Struggle With Pricing

15/11/2010 1:21pm

Marketwired


Del Monte (NYSE:DLM)
Historical Stock Chart


From Jul 2019 to Jul 2024

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www.wallstreetequityresearch.com brings investors market knowledge on the aspects moving the processed & packaged goods stocks, and offers complete analytical research on companies like ConAgra Foods Inc. (NYSE: CAG) and Del Monte Foods Co. (NYSE: DLM). Register with www.wallstreetequityresearch.com today to gain full access to our complimentary research on these processed & packaged goods stocks.

Pricing power has been a major concern for the Processed and Packaged Goods sector lately. Decreased consumer spending has combined with rising agricultural commodity prices to severely hurt company's margins as they fail to pass the rising costs onto their consumers.

www.wallstreetequityresearch.com is a specialized website where investors can have specific access to complimentary reports on processed & packaged goods industry; traders looking for analysis on ConAgra Foods Inc., Del Monte Foods Co. and other players in the industry are welcomed to sign up for free at http://www.wallstreetequityresearch.com/.

Another issue impacting the ability of companies within their sector to raise prices has been the extremely competitive pricing environment. National brands have been under siege by in-store brands lately. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting companies in the processed & packaged goods industry.

During the recession restrained budgets caused consumers to shift their purchasing habits toward less expensive store brands. To compete, many national brands lowered their prices. Now that the economy is beginning to recover, companies are worried that new price reference points will inhibit their ability to raise prices back to normal levels. Also, consumers are no longer recognizing the discrepancy in quality between store and national brands.

On top of all this, many retails prefer the in-store brands because they result in higher net profits. The sector's ability to navigate the price hikes without losing market share will be vital to their profitability moving forward.

For the third quarter of 2010, ConAgra Foods Inc. delivered a below par result back in September with revenue declining to $2.82 billion and profit falling from $165.9 million registered in the same quarter last year to $146.4 million. Forceful discounting in a hyper-competitive environment and elevated costs seem to have been the main culprit to this financial shortfall. Investors can register today at http://wallstreetequityresearch.com/November152010ConAgraFoodsInc.(CAG)151110.php to download the full report on ConAgra Foods Inc.

Also posted back in September were the financial results for Del Monte Foods Co. The processed & packaged goods company saw a surge in net income to $59.4 million on declining revenue of $804.6 million. Investors can access free research on Del Monte Foods Co. now by signing up at http://wallstreetequityresearch.com/November152010DelMonteFoodsCo.(DLM)151110.php.

About Wall Street Equity Research: Wall Street Equity Research looks to bring simplicity and highly sophisticated research to an ever-changing investing environment. Wall Street Equity Research has been partnering with a number of North American and Emerging Economies analysts to bring you the best of both continents in terms of market analysis and analytical opinions.

Contact Person: Edward D. Brooks info@wallstreetequityresearch.com

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