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Hostess Brands Inc (TWNK.OQ)

TWNK.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Hostess Brands Inc Announces Fourth Quarter 2018 Financial Results
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Hostess Brands Inc ::HOSTESS BRANDS, INC. ANNOUNCES FOURTH QUARTER 2018 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.17.Q4 EARNINGS PER SHARE $0.12.Q4 REVENUE $214.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $210.9 MILLION.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $0.57 TO $0.62.Q4 EARNINGS PER SHARE ESTIMATE $0.14 -- REFINITIV IBES DATA.EXPECTS CONTINUED REVENUE GROWTH WELL ABOVE SWEET BAKED GOODS CATEGORY IN 2019.FULL YEAR 2019 ADJUSTED EBITDA GUIDANCE IS $200 MILLION TO $210 MILLION,.SEES 2019 CAPITAL EXPENDITURES OF APPROXIMATELY $30 MILLION TO $35 MILLION.  Full Article

Hostess Brands Q3 earnings per share of $0.09
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Hostess Brands Inc ::Hostess Brands, Inc. Announces third quarter 2017 financial results.Hostess Brands sees 2017 net revenue growth of 6.5 percent - 7.3 percent from combined pro forma net revenue of $728 million in 2016 .Q3 earnings per share $0.09.Q3 revenue $192.3 million versus I/B/E/S view $198.5 million.Q3 earnings per share view $0.12 -- Thomson Reuters I/B/E/S.Anticipates a net revenue range of $775 million to $781 million for year ended december 31, 2017​.Sees ‍$0.58 to $0.60 diluted earnings per share for full year​.  Full Article

Hostess brands, inc. Announces third quarter 2017 financial results
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Hostess Brands Inc :Hostess Brands, Inc. announces third quarter 2017 financial results.Q3 earnings per share $0.09.Q3 revenue $192.3 million versus I/B/E/S view $198.5 million.Sees FY 2016 revenue $728 million.Q3 earnings per share view $0.12 -- Thomson Reuters I/B/E/S.Hostess Brands Inc - ‍ anticipates a net revenue range of $775 million to $781 million for year ended December 31, 2017​.Hostess Brands Inc - sees ‍$0.58 to $0.60 diluted earnings per share for full year​.  Full Article

Hostess Brands announces CEO retirement
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Hostess Brands Inc :Hostess Brands Inc. announces chief executive officer retirement.Says CEO and president Bill Toler to retire.Hostess Brands Inc - ‍ Bill Toler will remain on company's board of directors​.Hostess Brands- ‍bill Toler has informed co that he plans to retire as president and CEO, effective March 1, 2018 or sooner if replacement is appointed​.Hostess Brands Inc - board has created a subcommittee of board to identify candidates to fill president and chief executive officer position​.Hostess Brands Inc - ‍during transition period to a new chief executive officer, Dean Metropoulos will expand his duties as executive chairman​.  Full Article

UPDATE 2-Campbell Soup offers to add two Third Point nominees to board

Nov 9 Campbell Soup Co, which is in the midst of a proxy battle with Third Point LLC, said on Friday it offered to add two of the hedge fund's nominees to its board, after a similar proposal was rejected by the activist investor.