Today, Analysts Review released its analysts’ notes regarding Whole Foods Market, Inc. (NASDAQ: WFM), Safeway Inc. (NYSE: SWY), United Natural Foods, Inc. (NASDAQ: UNFI), The Hain Celestial Group, Inc. (NASDAQ: HAIN) and Susser Holdings Corporation (NYSE: SUSS). Private wealth members receive these notes ahead of publication.
Whole Foods Market, Inc. Analyst Notes
On July 8, 2014, Whole Foods Market, Inc (Whole Foods Market) announced that its stores in Northern California and Reno region have raised $201,721 to support 40 grants for local food and body care product makers in the area. According to the Company, the said stores donated 5% of sales on July 2, 2014 wherein the recipients were chosen via customer votes, and applicants did not have to be an existing Whole Foods Market supplier, nor were they required to enter in a long-term relationship with the Company following their receipt of grant money. Further the region has also joined up with Credibles- an online and app-based crowdfunding program for food businesses, under which customers can pay in advance for their favorite products, and fund the producer in the process.
Safeway Inc. Analyst Notes
On July 4, 2014, Safeway Inc. (Safeway) and Foster Farms jointly announced a voluntary recall of various chicken products ,contaminated with Salmonella Heidelberg and sold on both the self-service and full-service meat cases in its stores of Northern California, Hawaii, Northern Nevada, Oregon and Western Washington State. According to Safeway, the products being recalled were sold in March 2014 and were made with chicken supplied by Foster Farms sold with “Use or Freeze By” dates ranging from March 17, 2014 through March 29, 2014. Safeway stated that the recall applies to marinades and season flavors such as: Bulgogi, Charmoula, Greek Lemon, Drunken, Yellow Curry, Caribbean Jerk, and Buffalo and Chipotle Brown Sugar. The Company informed that the recall also applies on following products: Eating Right Boneless Skinless Chicken Breasts, Eating Right Boneless Skinless Chicken Thighs, Safeway Farms Small Tray Drumsticks, Safeway Farms Small Tray Split Breasts, Safeway Farms Small Tray Thighs, Safeway Farms Small Tray Wings, Safeway Farms Value Pack Drumsticks, Safeway Farms Value Pack Leg Quarters, Safeway Farms Value Pack Thighs, and Safeway Farms Value Pack Wings.
United Natural Foods, Inc. Analyst Notes
On July 8, 2014, United Natural Foods, Inc. (UNFI) announced that its UNFI Foundation awarded a $45,000 grant – the first grant to a project that will study the effectiveness of organic pesticides on citrus greening disease, also known as Huanglongbing (HLB) which has destroyed millions of acres of citrus crops throughout the world. UNFI informed that The Organic Solutions for Citrus Greening, a three-year study with a cost of $300,000 will be done by The Organic Center in collaboration with Ben McLean of Uncle Matt’s Organic and University of Florida entomologists Michael Rogers and Ron Brlandsky. According to the Company, the study will provide organic growers critical information they need to protect their groves from collapse.
The Hain Celestial Group, Inc. Analyst Notes
On July 8, 2014, The Hain Celestial Group, Inc. (Hain Celestial) announced that its DREAM brand which offers a full range of premium, great-tasting, non-dairy beverages has introduced a new look for its products. Hain Celestial stated that the products include: RICE DREAM®, SOY DREAM®, ALMOND DREAM®, COCONUT DREAM®, and recently introduced new products SPROUTED RICE DREAM™ and CASHEW DREAM™. The Company added that its refrigerated RICE DREAM® products will also move to this new design. According to the Company, the new packaging, designed by The Biondo Group, shows great taste appeal and consistency across the product line and would also help consumers to easily identify their favorite DREAM™ product on shelf. “The packaging refresh allows the quality and many varieties of DREAM™ to take center stage, and gives each non-dairy beverage a consistent, easily identifiable look,” said Vice President, Marketing at Hain Celestial U.S., Donna Iannucci.
Susser Holdings Corporation Analyst Notes
On July 9, 2014, stocks of Susser Holdings Corporation (Susser) gained 0.24% to end trading at $79.70. Over the past month of trading, Susser’s stocks dropped 0.26% compared to the Dow Jones Industrial Average which gained 0.25% during the same period.
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