Diamond Foods (DMND) Tops Q2 EPS by 10c; Boosts FY15 EPS Midpoint Guidance

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Diamond Foods Reports Second Quarter Fiscal 2015 Financial Results

March 5, 2015 4:01 PM EST

SAN FRANCISCO, March 5, 2015 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq: DMND) ("Diamond" or the "Company") today reported financial results for its fiscal 2015 second quarter and six months ended January 31, 2015.

Second Quarter Fiscal 2015 Highlights

Net sales were $229.7 million, up 4.1% Snacks segment net sales were $120.4 million, up 3.2% Nuts segment net sales were $109.2 million, up 5.2% Gross margin was 26.6%, compared to 25.4% GAAP net income was $11.2 million and GAAP diluted earnings per share ("EPS") was $0.35 Non-GAAP net income was $11.2 million and non-GAAP diluted EPS was $0.35, up 191.7% Adjusted EBITDA was $33.8 million, up... More

Diamond Foods Reports Second Quarter Fiscal 2015 Financial Results

March 5, 2015 4:01 PM EST

SAN FRANCISCO, March 5, 2015 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq: DMND) ("Diamond" or the "Company") today reported financial results for its fiscal 2015 second quarter and six months ended January 31, 2015.

Second Quarter Fiscal 2015 Highlights

Net sales were $229.7 million, up 4.1% Snacks segment net sales were $120.4 million, up 3.2% Nuts segment net sales were $109.2 million, up 5.2% Gross margin was 26.6%, compared to 25.4% GAAP net income was $11.2 million and GAAP diluted earnings per share ("EPS") was $0.35 Non-GAAP net income was $11.2 million and non-GAAP diluted EPS was $0.35, up 191.7% Adjusted EBITDA was $33.8 million, up... More