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Stephens analyst Farha Aslam asks $TSN from where the improvement in value-added chicken is coming from. $TSN says that it is coming more from retail than foodservice. The chicken business in foodservice is strong & getting stronger. By value-added, $TSN means retail & foodservice businesses collectively. In future, there will be a balance in both.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?