Bob Evans Farms (BOBE) Tops Q4 EPS by 5c; Offers Light FY17 Outlook

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Bob Evans Reports Fiscal 2016 Fourth-Quarter and Full-Year Results; Provides Fiscal Year 2017 Outlook

June 14, 2016 4:01 PM EDT

Q4 2016 net sales total $345.6 million; GAAP net income of $0.03 per diluted share and non-GAAP net income(1) of $0.48 per diluted share Fiscal year 2016 net sales total $1,338.8 million; GAAP net income of $1.13 per diluted share and non-GAAP net income of $2.02 per diluted share, a 24 percent increase compared to the prior year.  On a 52-week basis, fiscal year 2016 non-GAAP net income of $1.89 per diluted share represents a 16 percent increase compared to the prior year BEF Foods reports 15 percent increase in fiscal fourth quarter pounds sold, resulting in 13 percent non-GAAP... More