Diamond Foods (DMND) Tops Q1 EPS by 3c; Affirms FY15 Outlook
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Diamond Foods Reports First Quarter Fiscal 2015 Financial Results
December 8, 2014 4:05 PM ESTSAN FRANCISCO, Dec. 8, 2014 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq: DMND) ("Diamond" or the "Company") today reported financial results for its fiscal 2015 first quarter ended October 31, 2014.
First Quarter Fiscal 2015 Highlights
Net sales were $246.6 million, up 5.1% Snacks segment net sales were $116.6 million, up 3.6% Nuts segment net sales were $130.0 million, up 6.5% Gross margin was 24.1%, compared to 24.7% GAAP net income was $7.7 million and GAAP diluted earnings per share ("EPS") was $0.24 Non-GAAP net income was $8.9 million and non-GAAP diluted EPS was $0.28, up 33.3% Adjusted EBITDA was $30.7... More