DANOY Stock Recent News

Danone like-for-like quarterly sales growth topped estimates on Wednesday on the back of higher prices amid soaring raw materials and energy costs which still weighed down its full-year operating margin.

Danone, the food conglomerate behind yogurt and milk brands Activia, Dannon, Oikos and Horizon Organic, aims to cut Earth-warming methane emissions from its fresh-milk supply chain by some 30% over the next seven years.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Danone (DANOY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Other major global food brands like McDonald's and Starbucks have exited Russia in recent months while the likes of Nestle have sharply scaled back operations.

French food company Danone said on Friday it would shed its dairy food business in Russia in a deal that could lead to a write-off of up to 1 billion euro ($978 million), the latest costly exit from the country by a global company.

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Danone S.A. (OTCQX:DANOY) Q2 2022 Earnings Conference Call July 27, 2022 2:30 AM ET Company Participants Mathilde Rodie - Head of Investor Relations Antoine de Saint-Affrique - Chief Executive Officer Juergen Esser - Chief Financial Officer Conference Call Participants Jon Cox - Kepler Bruno Monteyne - Bernstein Pascal Boll - Stifel Jeremy Fialko - HSBC John Ennis - Goldman Sachs Celine Pannuti - JPMorgan David Hayes - Societe Generale Mathilde Rodie Thank you.