UPDATE: Oppenheimer Downgrades Amplify Snack Brands (BETR) to Perform
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Amplify Snack Brands, Inc. Reports Third Quarter 2016 Financial Results
November 14, 2016 4:05 PM ESTThird Quarter Net Sales Increased 48% Year-Over-Year to $68.0 Million
Closing of Tyrrells Acquisition Diversifies Brand Portfolio and Geographic Presence, Adds Talented International Team and In-house Manufacturing Capabilities
AUSTIN, Texas--(BUSINESS WIRE)-- Amplify Snack Brands, Inc. (Amplify or the Company) (NYSE: BETR), a leading marketer and manufacturer of branded better-for-you snack food products, today reported financial results for the three and nine months ended September 30, 2016.
Three Months Ended September 30, 2016 Highlights
Net sales were $68.0 million, up 48.1% year-over-year Gross profit was $32.3 million, representing 47.6% of... More
