February 1, 2018 / 1:43 PM / 21 days ago

BRIEF-Hostess Brands Acquires Breakfast Brands And Expands Product Range

Feb 1 (Reuters) - Hostess Brands Inc:

* HOSTESS BRANDS, INC. ACQUIRES BREAKFAST BRANDS AND EXPANDS PRODUCT RANGE

* HOSTESS BRANDS INC - REITERATES FULL YEAR 2017 FINANCIAL OUTLOOK

* HOSTESS BRANDS INC - ‍CONFIRMED ITS FULL YEAR 2017 FINANCIAL OUTLOOK, PRIOR TO GIVING EFFECT TO FAVORABLE IMPACT OF FEDERAL TAX REFORM​

* HOSTESS BRANDS INC - ‍EXPECTS ACQUIRED BUSINESS TO BE EBITDA POSITIVE IN FIRST HALF OF 2019​

* HOSTESS BRANDS INC - ‍BY 2020, CO EXPECTS ACQUIRED BUSINESS TO CONTRIBUTE APPROXIMATELY $20 MILLION TO $25 MILLION IN EBITDA​

* HOSTESS BRANDS - ‍EXPECTS SHORT-TERM EPS DILUTION OF ABOUT $0.10-$0.12 FROM ANTICIPATED OPERATING LOSSES FROM ACQUIRED BUSINESS THROUGH H2 2018​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below