WhiteWave (WWAV) PT Raised to $52 at Jefferies

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WhiteWave Foods Reports Record First Quarter 2016 Results and Increases Full Year 2016 Outlook

May 10, 2016 8:05 AM EDT

Total Net Sales Increased 14% and Constant Currency Net Sales Increased 15% in Q1Organic Constant Currency Net Sales Increased 8% in Q1Adjusted Total Operating Income Increased 21% in Q1, Reflecting Continued Operating Margin Expansion Adjusted Diluted Earnings per Share Increased 17% in Q1 to $0.28, Excluding China Joint Venture InvestmentsIncreasing Full Year 2016 Adjusted Diluted Earnings Per Share Guidance to $1.38 to $1.41 and $1.42 to $1.45 on a Constant Currency Basis, Excluding China Joint Venture InvestmentsReiterating High Single-Digit Organic Constant Currency Net Sales Growth for Full Year 2016

DENVER, May 10, 2016... More