As it heads toward a merger with Danone, the alternative-food maker stumbled in its third-quarter report.
News & Analysis: WhiteWave Foods
The fast-growing food company saw sales climb 14%, and profits jump 38%, but the agreement to merge with Danone limits the upside for shareholders.
The owner of Silk soy milk and Horizon organic milk brands surged after it agreed to be acquired by Danone.
Merger news and strong sales growth sent these stocks higher as broader indexes declined on Thursday.
The deal creates an organic food powerhouse with strong reach in both Europe and the United States.
The organic-food maker delivered a strong earnings report and boosted its outlook last month.
The premium dairy and dairy alternatives producer continues to grow sales and profits at double-digit rates.
The dairy and dairy alternative-foods company continues to deliver solid growth in key product categories, while also adding to its stable of growth brands.
The organic-food seller soared in the first half of the year, but the strong stock growth may be over.
The industry has been beaten-down lately. We think these three deserve some consideration.