Snyder's-Lance, Inc. Reports Results for Second Quarter 2015

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Snyder's-Lance (LNCE) Declares $0.16 Quarterly Dividend; 2% Yield

August 10, 2015 4:37 PM EDT

Snyder's-Lance (NASDAQ: LNCE) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on August 31, 2015, to stockholders of record on August 25, 2015, with an ex-dividend date of August 21, 2015.

The annual yield on the dividend is 2 percent.

For a dividend... More

Snyder's-Lance (LNCE) Tops Q2 EPS by 1c

August 10, 2015 4:36 PM EDT

Snyder's-Lance (NASDAQ: LNCE) reported Q2 EPS of $0.27, $0.01 better than the analyst estimate of $0.26. Revenue for the quarter came in at $431 million versus the consensus estimate of $430.14 million.

"Our team delivered solid results for the second quarter, continuing our positive momentum for 2015. Our balanced portfolio of 'better for you' and premium products are winning with consumers looking for snacks that taste great and provide fuel for their busy day," said Carl E. Lee, Jr., President and CEO. "During the second quarter, core brand sales were led by Cape Cod® Kettle Chips... More