Challenging times for these food producers

These four food and beverage makers face several obstacles to earnings growth, including rising costs for ingredients and labour and higher interest expenses. As a result, they have raised their selling prices to offset those higher input costs. They are also adding new products in… Read More

Use these key updates to build your returns

NEWELL BRANDS INC. $7.51 remains a hold. The company (Nasdaq symbol NWL; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 414.2 million; Market cap: $3.1 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Average; www.newellbrands.com) makes a wide range of consumer and household products such as PaperMate pens, Elmer’s… Read More

We prefer food sellers over food producers

Under pressure from the federal government, Canada’s leading grocery chains have agreed to a series of measures to lower prices for consumers. Those include discounts, price-matching campaigns, and price freezes. The government is also looking at ways to get food producers to lower their prices.
We… Read More

Use our updates to enhance your portfolio

LEON’S FURNITURE LTD. $21 is a buy for aggressive investors. The retailer (Toronto symbol LNF; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 67.9 million; Market cap: $1.4 billion; Price-to-sales ratio: 0.6; Dividend yield: 3.0%; TSINetwork Rating: Average; www.leons.ca) sells furniture and appliances through 303 stores, mainly under the… Read More

Lower costs will help Saputo adapt

Dairy producer Saputo unveiled an ambitious new strategy in 2021 that will cut its operating costs. It also continues to benefit as restaurants re-open on the lifting of COVID-19 lockdowns. However, the company remains vulnerable to increasingly popular alternative dairy products such as plant-based milks.
SAPUTO… Read More