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Investing.com - Landec reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Landec announced earnings per share of $-0.41 on revenue of $43.36M. Analysts polled by Investing.com EPS of $-0.14 on revenue of $44.98M.
Landec 's are down 22% and is trading at $8.56 , still down 28.90% from its 52 week high of $12.04 set on Tuesday, February 22, 2022.
Landec shares lost 1.61% to trade at $8.56 in intra-day trade the report.
Landec follows other major Consumer Staples sector earnings this month
Landec's report follows an earnings beat by Costco on Thursday, September 22, 2022, who reported EPS of $4.2 on revenue of $72.09B, EPS of $4.17 on revenue of $70.8B.
Constellation Brands B had beat expectations on Thursday with second quarter EPS of $3.17 on revenue of $2.66B, for EPS of $2.78 on revenue of $2.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar